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S4311Senate2013-2014 SessionSame asA6217

Provides for a sales tax exemption for water and sewer service line protection programs

Sponsor Martin J. GoldenSD-22+1 co-sponsorAffects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Martin J. Golden

Senator · Senate District 22

Chair, Civil Service And Pensions

1 Co-sponsor

History

  1. Signed chap.400
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.594
  6. Substituted for A6217
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 62–0
  10. Ordered to third reading cal.1193
  11. Committee discharged and committed to rules
  12. 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.

A6217Assembly

Provides for a sales tax exemption for water and sewer service line protection programs

Assembly Floor Calendar · Sponsor Michael Simanowitz

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S4311

Title of bill

An act to amend the tax law, in relation to providing an exemption for water and sewer service line protection programs

Purpose

This legislation provides for a sales tax exemption for water and sewer service line protection programs.

Summary of provisions

Section one amends Section 1115 of the tax law by adding a new subdivision (ii) to read as follows: Receipts from sales of and fees associated with water and sewer service line protection programs sold to owners of residential property shall be exempt from the taxes imposed by this article.

Section two stipulates that this act shall take effect immediately.

Justification

Property owners in New York are responsible for maintaining their water and sewer service lines, which are buried underground and run from a building to the City-owned mains under the street. Residential property owners on average pay between $3,000 and $5,000 to repair a water line break and between $10,000 and $15,000 to repair a sewer line break in New York City. Homeowners have the option of enrolling in a service line protection Program for a monthly fee to safeguard them from the high costs of service line breaks. The Program is managed by American Water Resources (AWR) through the Department of Environmental Protection.

The annual cost of owning and maintaining a home is already a costly undertaking. In New York State, insurance does not include sales tax, and the protection program serves the same purpose as an insurance plan. Homeowners should not be subject to unnecessary taxes on their water and sewer line protection programs, and this act will ensure exemption from the burden of excessive fees.

Legislative history

This is a new bill.

Fiscal implications

To be determined.

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.