Bill > A10105

This bill, known as the "sporting event promotion act," amends the tax law to provide exemptions from sales and use taxes for certain receipts and property related to sporting events that are organized, sanctioned, or conducted under the authority of an international federation recognized by the International Olympic Committee or the International Paralympic Committee, and are officially designated as "covered events" by the commissioner of empire state development. These exemptions apply to purchases made by the organizing body or accredited individuals for official use in connection with the event, including tangible personal property temporarily brought into New York for the event and removed within 180 days. However, the bill explicitly excludes events primarily organized by professional sports leagues, those conducted mainly for commercial profit with guaranteed prize money above certain thresholds, "World Cup" soccer or football tournaments, combat sports events, and motorsport or auto-racing events. The exemptions are valid for a period beginning 90 days before and ending 30 days after the event, with provisions for anti-fraud measures and specific exclusions for alcoholic beverages, cannabis, tobacco, and personal consumption items.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A10105