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NY A07827
Bill
Status
4/24/2009
Primary Sponsor
Marc Alessi
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AI Summary
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Amends section 301-c of the tax law to add a new subdivision (p) providing an exemption and reimbursement from the petroleum business tax for party or charter boat companies
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Applies to diesel motor fuel or motor fuel purchased in New York State by party or charter boat companies when delivered directly into the fuel tank of a party or charter boat by a pump-equipped hose
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Requires the petroleum business tax to have been paid on the fuel and entirely absorbed by the purchaser, with documentary proof satisfactory to the Commissioner
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Allows the Commissioner to determine what documentary proof is required to qualify for any tax reimbursement under this section
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Takes effect immediately upon enactment
Legislative Description
Provides an exemption and reimbursement from the petroleum business tax for party or charter or party boat companies for motor fuel purchased for use in a charter or party boat that is operated by a charter or party boat pilot.
Last Action
held for consideration in ways and means
7/1/2010