What's happening
This bill reduces New York State sales tax by one percent on vehicles manufactured in the United States.
Why it matters
Encourages consumers to buy American-made vehicles. by making them slightly more affordable compared to foreign-made vehicles, potentially boosting domestic automotive manufacturing and related jobs.
Creates a new administrative process. requiring annual coordination between the Department of Motor Vehicles and the Department of Taxation to maintain an updated list of qualifying U.S.-manufactured vehicles, which could affect how dealerships and consumers determine eligibility for the tax break.
May indirectly influence vehicle purchasing patterns. by making price a more significant factor for buyers at the point of sale, potentially shifting demand toward vehicles assembled in the United States—impacting both local economies and international automakers with U.S. factories.
Sets a precedent for using targeted tax policy. to promote specific industries or national economic interests, which could lead to similar measures in other sectors or policy debates about the fairness and effectiveness of such incentives.
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Who cares
Headline styles
Cut Sales Tax on US Cars
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- 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
3352
2019-2020 Regular Sessions
IN ASSEMBLY
January 29, 2019
Introduced by M. of A. PRETLOW -- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to reduced sales tax on vehicles manufactured in the United States
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The tax law is amended by adding a new section 1105-D to read as follows:
§ 1105-D. Reduced sales tax on certain motor vehicles. (a) The tax imposed by subdivision (a) of section eleven hundred five of this part shall be reduced by one percent when being imposed upon motor vehicles manufactured in the United States of America.
(b) For purposes of this section, the term motor vehicle shall mean a vehicle as defined in section one hundred twenty-five of the vehicle and traffic law.
(c) The commissioner shall obtain yearly from the commissioner of motor vehicles a list of vehicles manufactured in the United States of America.
§ 2. This act shall take effect on the one hundred eightieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04543-01-9
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.