Bill > A05849

This bill amends the New York state tax law to provide a sales tax exemption for beer, wine, and soda purchased or sold by specific veterans service organizations. The exemption applies only to organizations that are chartered by the United States Congress under Section 38 USC 5902, which ensures that only officially recognized veterans groups qualify for the tax break. By adding this provision to the existing tax law, the bill aims to provide financial relief to these veterans organizations by eliminating sales taxes on their beverage sales, potentially helping to support their community and fundraising activities. The tax exemption will go into effect on June 1, 2025, giving organizations and tax authorities time to prepare for the change.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A5849