Bill > A02281

This bill amends the New York tax law to create a new exemption from the petroleum business tax for diesel and motor fuel used in operating cranes for off-road purposes. Specifically, the bill defines "cranes" broadly to include multiple types such as mobile, hydraulic, crawler, floating, telescopic, gantry, and tower cranes. By adding this exemption, the bill will allow businesses using these various types of cranes to avoid paying petroleum business tax on the fuel they use in off-road crane operations. The exemption will go into effect 90 days after the bill becomes law, which is a standard implementation timeline that gives businesses and tax authorities time to adjust to the new provision. The purpose appears to be reducing operational costs for businesses that rely on heavy equipment like cranes, potentially supporting industries such as construction, maritime operations, and infrastructure development.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A2281