Bill > A07628

This bill establishes a sales tax holiday for food and non-alcoholic beverages sold at restaurants, diners, or cafes licensed under article twenty-C of the agriculture and markets law during the second full week of February and the third full week of August. The bill amends the tax law to create a new exemption from sales tax for these food and beverage purchases during those specific weeks. Cities with populations of one million or more are empowered to adopt local resolutions to implement this tax exemption, effectively allowing them to choose whether to participate in the sales tax holiday. The bill requires the Department of Taxation and Finance to conduct an economic impact analysis two years after the act's effective date, evaluating the effectiveness of the tax holiday. The analysis must be reported to the governor, senate president, and assembly speaker within three years of the act's effective date. The bill will take effect on the first day of the sales tax quarterly period at least 90 days after it becomes law, giving local jurisdictions time to prepare for and potentially opt into the sales tax holiday.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7628