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NY A04812
Bill
Status
2/6/2009
Primary Sponsor
Marc Alessi
Click for details
AI Summary
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Public school districts are exempted from charging and collecting sales and compensating use taxes on revenue generated by extraclassroom activities
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Extraclassroom activities are defined as student-operated activities approved by the board of education as extensions of the district's educational program
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Extraclassroom funds include money raised voluntarily by students through admissions, membership dues, sales, campaigns, donations, and service or property sales, excluding taxation or board-imposed charges
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The Commissioner of Taxation and Finance is authorized to adopt rules, regulations, and procedures necessary to implement the exemption
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The act takes effect January 1, 2010
Legislative Description
An act to amend the tax law, in relation to exempting from sales and compensating use tax certain tangible personal property and services, food and drink, and amusement charges when sold by and for the benefit of extraclassroom activities of public schools
Last Action
held for consideration in ways and means
7/1/2010