Bill

Bill > A01986


NY A01986

NY A01986
Exempts the sale of fire extinguishers, smoke alarms, heat sensors and carbon monoxide detectors for residential use only from state sales and compensating use taxes.


summary

Introduced
01/14/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting the sale of fire extinguishers, smoke alarms, heat sensors and carbon monoxide detectors for residential use from sales and use taxes

AI Summary

This bill amends the New York State tax law to create a new sales tax exemption specifically for fire safety devices used in residential settings. The exemption will apply to four types of safety equipment: fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors, but only when these items are purchased for use in residential properties. By adding this exemption, the bill aims to reduce the financial burden on homeowners when purchasing essential safety equipment that can help protect lives and property. The tax exemption will go into effect on the first day of the sales tax quarterly period that begins at least 90 days after the bill becomes law, with the implementation following the transitional provisions outlined in existing tax law sections. This legislation represents a small but meaningful step to encourage homeowners to invest in critical fire and safety monitoring devices by making them slightly more affordable through the removal of sales tax.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

referred to ways and means (on 01/07/2026)

bill text


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