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History
- Referred to investigations and government operations
- Reported and committed to finance
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Provides a sales tax exemption for equipment and apparatus used for metal fire escapes
In Assembly Committee · Ways And Means · Sponsor John McEneny
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to providing an exemption from the tax on sales and the compensating use tax for equipment or apparatus used for metal fire escapes
Purpose or general idea of bill
To exempt equipment or apparatus used for metal fire escapes from sales taxes.
Summary of specific provisions
Amends subdivision (a) of section 1115 of the tax law by adding a new paragraph 44.
Justification
Metal fire escapes are a much safer alternative than wooden fires escapes. Unfortunately metal fire escapes are very costly. This legislation would provide a small monetary benefit to those who convert from wooden to metal fire escapes.
Prior legislative history
2007/2008 - S.4107/A.6835 Remained in the Senate Committee on Investigations and Governments and the Assembly Committee on Ways and Means
Fiscal implications
This measure will cause the State a loss of revenue of approximately $700,000.00.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.