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Sponsors
Senator · Senate District 40
No co-sponsors yet.
History
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–0
- Ordered to third reading cal.1440
- Committee discharged and committed to rules
- Print number 7359a
- Amend (t) and recommit to investigations and government operations
- 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.
Authorizes the county of Putnam to grant exemption from county sales and use taxes during the period August 10 - 19, 2012 for certain items
In Assembly Committee · Ways And Means · Sponsor Sandy Galef
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7359A
Title of bill
An act to amend the tax law, in relation to authorizing the county of Putnam to exempt from county sales and compensating use taxes certain taxable goods and services, during the period commencing on August tenth and through August nineteenth, two thousand twelve
Purpose
The purpose of this legislation is to authorize the County of Putnam to grant exemption from all county sales and use taxes from August 10th - 19th for clothing and footwear under $110.
Summary of provisions
Section One - amends the tax law is amended by adding a new section 1225 to read as follows:
Section 1225: Not withstanding any other law to the contrary, the county of Putnam may elect to exempt purchases of clothing and footwear for which the receipt of consideration given or contracted to be given is less than one hundred ten dollars per article of clothing, per pair of shoes or other articles of footwear or per item used or consumed to make or repair such clothing and which becomes a physical component part of such clothing, sold within the county from any sales and compensating use taxes imposed pursuant to part one of this article during the period commencing August tenth, two thousand twelve through August nineteenth, two thousand twelve.
Section 2. This act shall take effect immediately.
Justification
Many States provide taxpayers with tax free events ranging from a weekend to one week. Such tax free events are popular with taxpayers, and to local retailers who welcome the additional business. In Tennessee, the increase in retail sales has been so high that many stores have extended their hours. States such as Maryland, Tennessee, South Carolina, Florida and Alabama empower their counties to exempt county sales tax from certain items.
This legislation provides the County of Putnam with the legal authority to exempt taxes as described in the summary above. The timing is designed to provide sorely needed financial relief for parents of school-aged children who are purchasing clothing and footwear for the approaching school year.
Legislative history
New legislation.
Fiscal implications
See Local Fiscal Impact Note.
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.