Bill > S00833

This bill amends the New York tax law to provide a sales tax exemption for drugs and medicines used to treat, cure, mitigate, or prevent illnesses or diseases in companion and farm animals, as defined by the agriculture and markets law. The bill allows cities to adopt local laws that implement this exemption, giving local governments the option to decide whether to apply the tax break. Specifically, cities with a population of one million or more (like New York City) are empowered to enact resolutions that would exempt these veterinary medicines from local sales taxes, mirroring the state-level exemption. The bill requires that any such local law or resolution can only go into effect on specific dates (March 1st, June 1st, September 1st, or December 1st), with a special provision allowing immediate implementation for this specific veterinary medicine exemption. The tax commissioner is authorized to implement these changes, and the act will take effect on the first day of the sales tax quarterly period at least 90 days after becoming law.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S833