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Sponsors
Senator · Senate District 57
No co-sponsors yet.
History
- Print number 2614a
- Amend and recommit to investigations and government operations
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2614A
Title of bill
An act to amend the tax law, in relation to providing an exemption from sales tax for sales made to other states, other political subdivisions of the United States and their political subdivisions
Purpose
To provide an automatic exemption for New York state sales and use tax to other states and political subdivisions of the United States for uses which would otherwise be immune from taxation.
Summary of provisions
Section 1. Amends paragraph 2 of subdivision (a) of section 1116 of the tax law to provide that any state, any political subdivision, agency, or instrumentality which would otherwise be immune from taxation where it is a purchaser, user or consumer, or where it sells services or property of a kind not ordinarily sold by private persons.
Section 2. Provides that this act shall take effect July 1, 2013 or on the first day of a sales tax quarterly period, as described in subdivision (b) of section 1136 of the tax law, next commencing after signature.
Justification
New York currently does not provide an automatic exemption for sales and services performed in New York state for out of state governmental and other municipal entities. This results in a situation where other states and their municipal governments are discouraged from conducting business within New York. The situation is particularly troublesome for business close to the borders of other states and is resulting in the loss of such business for in state business concerns.
Many other states currently provide such a blanket sales tax exemption to other governmental entities, realizing that it is an incentive to encourage out of state revenue for their employers.
Legislative history
2012: S.6163 Referred to Investigations and Government Operations
Fiscal implications
Undetermined.
Effective date
This act shall take effect July 1, 2014 or on the first day of a sales tax quarterly period, as described in subdivision (b) of section 1136 of the tax law, next commencing at least ninety days after this act shall have become a law, whichever shall be later.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.