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NY A01325

Bill

Official Source

Status

Introduced

1/5/2011

Primary Sponsor

Felix Ortiz

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Exempts medical equipment and medical supplies purchased by health care facilities serving uninsured patients in empire zones from sales and compensating use tax
  • Exemption applies to the first $500,000 of medical equipment and supplies purchased by the taxpayer
  • Defines "medical equipment" as durable equipment used repeatedly for diagnosis, treatment, or care of individuals
  • Defines "medical supplies" as consumable, expendable, disposable, or nondurable items used for diagnosis, treatment, or care of individuals
  • Effective on the first day of a sales tax quarterly period at least 60 days after the act becomes law

Legislative Description

Exempts medical equipment and supplies purchased by a health care facility located in an empire zone from sales and 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