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History
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
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Sponsor's memo
Title of bill
An act to amend the tax law, in relation to exempting from sales tax sales of alcoholic beverages by certain veterans' organizations
Summary of provisions
Amends the Tax Law, paragraph 2 of subdivision (b) of Section 1116, to exempt certain veteran organizations from sales, tax on food or drink sold by the organization to its members.
Justification
Veteran groups who are not-for-profit and who operate a tavern or restaurant, use profits from their sales to meet expenses on their club and to further charitable works. Since they are not a profit making business, they should not be liable for sales tax.
Fiscal implication
Minimal.
Legislative history
1994-08 Referred to Investigations, Taxation & Government Operations Committee.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.