Bill
Bill > A02241
NY A02241
NY A02241Grants a sales and compensating use tax exemption for the sale of items designed to ensure the safe handling and storage of firearms including safe storage depositories, firearm safety locks and trigger locks.
summary
Introduced
01/15/2025
01/15/2025
In Committee
01/07/2026
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 granting a sales and compensating use tax exemption for the sale of items designed to ensure the safe handling and storage of firearms
AI Summary
This bill amends the New York State tax law to create a sales and use tax exemption for specific firearm safety products. The exemption applies to items like safe storage depositories (as defined in the penal law), firearm safety locks, trigger locks, and other products designed to promote the safe handling and storage of firearms. By removing sales tax from these items, the bill aims to make safety equipment more affordable and potentially encourage responsible firearm ownership. The tax exemption would take effect immediately upon the bill's passage. The provision is being added to section 1115 of the tax law as a new paragraph (47), which means these safety items will be excluded from sales tax calculations, reducing the overall cost for consumers purchasing these safety-related products.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 01/07/2026)
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/2025/A2241 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A02241&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02241 |
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