Bill > S07073

This bill provides a sales tax exemption for the first $35,000 of a new battery or electric vehicle purchase in New York State, with some specific conditions. The bill initially included plug-in hybrid electric vehicles but later amendments removed them from the exemption. To qualify, vehicles must have four wheels, be primarily used on public roads, have an unmodified powertrain, weigh no more than 8,500 pounds, have a maximum speed of at least 55 miles per hour, and be propelled by an electronic motor with a battery capable of being recharged from an external electricity source. The bill offers two levels of tax exemption: half off for standard vehicles and a full exemption for vehicles assembled in the United States using union labor. Local governments (cities, counties, and school districts) can choose to adopt or opt out of this exemption. The tax exemption will be in effect for ten years, after which it will be repealed. The bill is designed to encourage the adoption of electric vehicles by making them more affordable through reduced sales taxes, with an additional incentive for vehicles manufactured domestically using union labor.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S7073