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NY A00514

Bill

Status

Introduced

1/5/2011

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Exempts factory-built home shells delivered to residential building sites from New York sales tax and compensating use tax
  • Defines "factory-built home shell" as a structure with external walls, insulation, windows, doors, and roof trusses assembled in a factory and ready for delivery to a residential site
  • Takes effect on March 1 following the date the law is enacted and applies to all sales or uses on or after that date, including those under prior contracts
  • Authorizes the Commissioner of Taxation and Finance to adopt rules, regulations, and procedures necessary for implementation upon the law's enactment

Legislative Description

Exempts factory-built home shells delivered to residential real property sites from the tax on sales and the compensating use tax.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means1/5/2011

Full Bill Text

No bill text available