Bill > A00858

This bill amends the New York State tax law to create a sales tax exemption for drugs and medicines used to treat companion and farm animals, as defined in the Agriculture and Markets Law. Specifically, the bill adds a new provision that eliminates sales tax on medicines, medical equipment, and supplies intended for the cure, treatment, prevention, or mitigation of illnesses or diseases in companion and farm animals. The bill also provides cities, particularly those with populations over one million (like New York City), the option to adopt this exemption through local legislation. The exemption would apply to both state and local sales taxes, giving local jurisdictions the flexibility to implement the tax break. The new tax exemption will take effect on the first day of the sales tax quarterly period at least 90 days after the bill becomes law, allowing time for administrative preparation and local jurisdictions to decide whether to adopt the exemption. This change aims to reduce the financial burden on pet and farm animal owners when purchasing veterinary medicines and medical supplies.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A858