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NY A05100
Bill
Status
2/11/2011
Primary Sponsor
Robert Oaks
Click for details
AI Summary
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Exempts motor vehicles (whether purchased or leased), parts, and maintenance/repair services from New York State sales and use taxes, as defined in Vehicle and Traffic Law Section 501(2)
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Exempts railroad rolling stock (whether purchased or leased), parts, structural components (including rail, bridges, crossing arms, and traffic signals), and maintenance/repair services from sales and use taxes for railroads engaged in intrastate or interstate commerce
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Exemptions do not apply to fuel, gas, electricity, refrigeration, steam, or related utility services used in production of these items
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Exemptions do not apply to Metropolitan Commuter Transportation District (MCTD) taxes or local city and county sales taxes
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Effective December 1, 2011, with exemptions applying to retail sales or uses occurring on or after January 1, 2012
Legislative Description
Exempts from sales and use taxes certain motor vehicles, parts and services therefor and railroad rolling stock, parts and services therefor.
Last Action
held for consideration in ways and means
6/19/2012