What's happening
This bill exempts diesel and motor fuel used in off-road crane operations from the New York petroleum business tax.
Why it matters
Reduces operational costs for construction and heavy industry. By exempting diesel and motor fuel used in off-road crane operations from the petroleum business tax, companies that rely on cranes for building projects or heavy lifting could see a notable decrease in expenses, potentially impacting project bids and overall construction costs.
Targets a wide range of crane types. The exemption specifically covers a broad array of cranes—including mobile, hydraulic, crawler, floating, telescopic, gantry, and tower cranes—ensuring that many sectors within construction, shipping, and manufacturing could benefit.
May influence fuel use and reporting requirements. Businesses will need to distinguish between fuel used for off-road crane operations and other uses, possibly requiring changes in fuel tracking and tax reporting procedures to ensure compliance with the new exemption.
Potential impact on state tax revenues. By carving out this exemption, the bill could decrease petroleum business tax collections from certain industries, which may have budget implications or shift the state’s tax burden elsewhere.
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Who cares
Headline styles
Exempt Cranes From Fuel Tax
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Held for consideration in ways and means
- Referred to ways and means
- Referred to ways and means
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2171
2019-2020 Regular Sessions
IN ASSEMBLY
January 22, 2019
Introduced by M. of A. HAWLEY -- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to exemptions to the petroleum business tax
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision (a) of section 301-b of the tax law is amended by adding a new paragraph 9 to read as follows:
(9) Diesel and motor fuel used in the operation of cranes for off-road use. For purposes of this paragraph, "cranes" include but are not limited to mobile cranes, hydraulic cranes, crawler cranes, floating cranes, telescopic cranes, gantry cranes, or tower cranes.
§ 2. This act shall take effect on the ninetieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02124-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.