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Bill > S09288


NY S09288

NY S09288
Repeals provisions relating to sale and use taxes with respect to data centers to include both personal property purchased by internet data centers and services performed on said personal property purchased by data centers.


summary

Introduced
02/25/2026
In Committee
02/25/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to repeal paragraph 37 of subdivision (a) of section 1115 of the tax law relating to tangible personal property purchased by internet data centers; and to repeal subdivision (y) of section 1115 of the tax law relating to services performed on personal property purchased by internet data centers

AI Summary

This bill repeals existing provisions of New York State tax law that provided exemptions for sales and use taxes on tangible personal property purchased by internet data centers and services performed on that property. Specifically, it removes the exemption for tangible personal property bought by these data centers and the exemption for services performed on such property, meaning these purchases and services will now be subject to sales and use taxes. This change is effective immediately upon enactment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 02/25/2026)

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