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Bill > S03428


NY S03428

NY S03428
Exempts computer hardware and software equipment and school supplies from sales tax during the seven day period commencing on the Tuesday immediately preceding the first Monday in September, known as Labor Day, and ending on Labor Day.


summary

Introduced
01/27/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting computer hardware and software and school supplies from sales and compensating use tax during a specified period each year

AI Summary

This bill amends the New York state tax law to create a temporary sales tax exemption for school-related items during the seven-day period surrounding Labor Day each year. Specifically, from the Tuesday before Labor Day through Labor Day itself, consumers would be exempt from paying sales tax on a wide range of school supplies and computer equipment. The exempted items include book bags, backpacks, books, computer hardware and software, writing tools (such as pens, pencils, markers, and crayons), school organizational supplies (like notebooks, binders, and folders), and educational tools (including scissors, rulers, and calculators). The purpose of this bill appears to be to provide financial relief to families preparing for the school year by reducing the cost of necessary school supplies and technology. The tax exemption would take effect on August 1, 2026, and apply to taxable periods beginning on or after that date, offering a consistent annual tax break during the back-to-school shopping season.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/27/2025)

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