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NY A05252
NY A05252Increases the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation.
summary
Introduced
03/07/2023
03/07/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to increasing the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation
AI Summary
This bill proposes to amend the New York tax law to increase the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation. Specifically, it would raise the exemption threshold from $1.50 to $3 for vending machines that accept only coin or currency, and from $2 to $3.50 for vending machines that accept other forms of payment. The changes are set to take effect immediately and remain in place until May 31, 2024.
Committee Categories
Budget and Finance
Sponsors (10)
Pamela Hunter (D)*,
Inez Dickens (D),
Alicia Hyndman (D),
Donna Lupardo (D),
Bill Magnarelli (D),
Mike Norris (R),
Phil Ramos (D),
Fred Thiele (D),
Monica Wallace (D),
David Weprin (D),
Last Action
referred to ways and means (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A5252 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05252&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05252 |
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