Bill

Bill > A10934


NY A10934

NY A10934
Eliminates provisions of law that require the payment and subsequent refund of the ten cent diesel excise tax and sales tax on diesel motor fuel when sold to operators of commercial fishing vessels for use in the operation of such vessels.


summary

Introduced
04/10/2026
In Committee
04/10/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing an exemption from the payment of the motor fuels tax and the sales tax on motor fuels used in the operation of commercial fishing vessels

AI Summary

This bill eliminates the requirement for commercial fishermen to pay a ten-cent excise tax and sales tax on diesel motor fuel when it's used to operate their fishing vessels, and then subsequently receive a refund for those taxes. Essentially, it creates an exemption so that these taxes are not collected in the first place for fuel used in commercial fishing operations, making it simpler and more cost-effective for those in the industry.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

referred to ways and means (on 04/10/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...