Bill
Bill > S09374
NY S09374
NY S09374Provides that the sale of a rental vehicle to a rental business for use in such business is subject to taxes and shall not be considered a sale for resale.
summary
Introduced
05/14/2024
05/14/2024
In Committee
05/14/2024
05/14/2024
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 sales of rental vehicles
AI Summary
This bill amends the tax law to provide that the sale of a rental vehicle to a rental business for use in such business is subject to sales taxes and shall not be considered a sale for resale. The bill specifies that this change applies to sales of rental vehicles occurring on or after the effective date of the bill, which is the thirtieth day after it becomes law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 05/14/2024)
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/S9374 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S09374&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S09374 |
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