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History
- Referred 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.
Eliminates sales tax on clothing and footwear regardless of cost
In Assembly Committee · Ways And Means · Sponsor Nicole Malliotakis
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4420
Title of bill
An act to amend the tax law, in relation to eliminating sales tax on all clothing and footwear
Purpose
To eliminate the sales tax on all clothing and footwear
Summary of provisions
Section 1 of the bill amends Tax Law section 1115(a)(30) of the to remove the clothing and footwear sales tax exemption limit of $110 per item.
Section two provides that this act shall take effect 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 sixty days after this act shall have become law and shall apply in accordance with the applicable transitional provisions of sections 1106 and 1217 of the tax law.
Existing law
Currently, clothing and footwear up to a $110 limit per item are exempt from the sales tax.
Justification
In 1998, New York provided a sales tax exemption for clothing and footwear under $110 per item. This legislation would remove this limit, making all clothing and footwear exempt from the sales tax. Removing this limit will help ensure New York's competitiveness with respect to neighboring states that do not impose sales tax on clothing and footwear.
Legislative history
2011-12: S.1988 - Referred to Investigations & Government Operations 2010: S.2196 - Reported to Finance 2009: S.2196 - Referred to Investigations & Government Operations 2007-2008: S.3767 - Referred to Investigations & Government Operations
Fiscal implications
To be determined.
Effective date
This act shall take effect 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 sixty days after this act shall have become law and shall apply in accordance with the applicable transitional provisions of sections 1106 and 1217 of the tax law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.