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NY A02883

Bill

Official Source

Status

Introduced

1/20/2011

Primary Sponsor

Joel Miller

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends Tax Law Section 1115 to add a new exemption (subdivision gg) for sales taxes and use taxes
  • Exempts receipts from sales of services and/or materials used to correct, replace, or repair damages caused by natural disasters
  • Covers damages from down blast, hurricane, flood, or tornado
  • Takes effect January 1 of the year following enactment and applies to all qualifying sales, services, and uses on or after that date

Legislative Description

Provides that receipts from the sale of services or material used to correct, replace or repair damages caused by a natural disaster shall be exempt from sales/use taxes; includes down blast, hurricane, flood or tornado.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means1/20/2011

Full Bill Text

No bill text available