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NY A05578
Bill
Status
2/13/2009
Primary Sponsor
James Bacalles
Click for details
AI Summary
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Exempts motor vehicles (as defined in Vehicle and Traffic Law Section 501), their parts, and maintenance/repair services from state sales and use tax.
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Exempts railroad rolling stock, their parts, structural components (including rail, bridges, crossing arms, and traffic signals), and maintenance/repair services from state sales and use tax.
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Exemptions apply to purchases or leases by railroads engaged in intrastate or interstate commerce.
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Exemptions do not apply to fuel, gas, electricity, refrigeration, steam, or utility services used in production of taxable goods or services.
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Effective date is January 1, 2010 for all exemptions and exceptions provided in the act.
Legislative Description
An act to amend the tax law, in relation to exempting certain motor vehicles, parts and services therefor and railroad rolling stock, parts and services therefor from the sales and use tax imposed by the state
Last Action
held for consideration in ways and means
7/1/2010