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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A1887
- Advanced to third reading
- 2nd report cal.
- 1st report cal.25
- Referred to energy and telecommunications
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.
Clarifies an exemption from sales and compensating use taxes
Signed by Governor · Sponsor Steven Englebright
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2340
Title of bill
An act to amend the tax law, in relation to clarifying an exemption from sales and compensating use taxes
Purpose or general idea of the bill
Makes technical and conforming changes to chapter 406 of the laws of 2012 which exempts the sale and installation of commercial solar energy systems from sales and compensating use taxes.
Summary of provisions
Section 1-section 1115 of the tax law subdivision hh is re-lettered to ii and references to section eleven hundred and eleven are changed to eleven hundred and ten
Section 2-Section 1210 of the tax law makes similar changes related to the re-lettering of section hh to section ii.
Section 3-Section 1210 of the tax law makes changes to the form of the resolution adopted at the option of a local legislative body to also provide an exemption from local sales tax. This allows an option for the exemption to take effect either on January 1st 2013 or September of any year after 2012.
Section 4- provides for the effective date.
Justification
Last year, the legislature acted to eliminate sales and compensating use taxes for the purchase of commercial solar energy systems. The purpose of this bill is to make purly technical amendments to that chapter in accordance governors approval memo 7.
Legislative history
New Bill
Fiscal implications
None.
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.