Bill

Bill > A05901


NY A05901

NY A05901
Exempts the sale of zero-emission school buses from sales and use taxes.


summary

Introduced
03/24/2023
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 exempting zero-emission school buses from sales and use taxes

AI Summary

This bill exempts the sale of zero-emission school buses, as defined in the Education Law, and the parts or equipment used to operate such buses, from the state sales and use taxes. The exemption takes effect on the first day of the next quarterly sales tax period, at least 30 days after the bill becomes law, and the relevant state agencies are authorized to make any necessary rules and regulations to implement the exemption by the effective date.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to ways and means (on 01/03/2024)

bill text


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