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Bill > A05254


NY A05254

NY A05254
Reduces the tax on combative sport event ticket sales to three percent.


summary

Introduced
03/07/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to the imposition of tax on combative sport event ticket sales

AI Summary

This bill reduces the tax on combative sport event ticket sales in New York from 8.5% to 3%. It also maintains the 3% tax on broadcasting rights and digital streaming, with the total tax not exceeding $50,000 per match or exhibition. The bill is intended to take effect immediately and applies to taxes imposed on or after the effective date.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

enacting clause stricken (on 07/15/2024)

bill text


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