Bill
Bill > S06670
NY S06670
NY S06670Provides a half exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes and a full exemption on such sales where the vehicle was assembled in the United States utilizing union labor; authorizes local governments to elect such incentives; repeals the hybrid exemption after ten years.
summary
Introduced
03/19/2025
03/19/2025
In Committee
03/19/2025
03/19/2025
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 the first thirty-five thousand dollars of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes, and to authorize cities and counties to elect such exemption
AI Summary
This bill provides a sales tax exemption for new battery and electric vehicles, offering a half exemption on the first $35,000 of the vehicle's sale price and a full exemption for vehicles assembled in the United States using union labor. The bill defines eligible vehicles as having four wheels, being primarily used on public roads, with an unmodified powertrain, weighing no more than 8,500 pounds, capable of speeds at least 55 miles per hour, and powered by an electric motor with a battery having at least four kilowatt hours that can be recharged from an external electricity source. Local governments (cities, counties, and school districts) are authorized to choose whether to implement this exemption, and they can opt in or out of the tax break. Notably, the bill initially includes plug-in hybrid electric vehicles in the exemption but later amendments remove this category. The tax exemption will be in effect for ten years, after which it will be repealed, with the bill taking effect at least 120 days after becoming law and applying to sales made on or after that date.
Committee Categories
Budget and Finance
Sponsors (6)
Robert Jackson (D)*,
Patrick Gallivan (R),
Brad Hoylman (D),
John Liu (D),
Rachel May (D),
Kevin Parker (D),
Last Action
RECOMMIT, ENACTING CLAUSE STRICKEN (on 03/25/2025)
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/S6670 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06670&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06670 |
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