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NY A05984
Bill
Status
3/3/2011
Primary Sponsor
Daniel Burling
Click for details
AI Summary
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Creates a sales and use tax exemption for services rendered in the maintenance and repair of trucks with a gross vehicle weight exceeding 26,000 pounds, and property used or purchased for such trucks.
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Defines eligible trucks according to Section 158 of the Vehicle and Traffic Law, including both purchased and leased vehicles.
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Excludes the truck maintenance and repair exemption from applying to fuel, gas, electricity, refrigeration, steam, and related utility services.
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Applies the exemption to state sales tax and local taxes in cities and counties, except that the exemption does not apply to the metropolitan commuter transportation district tax and certain other specified taxes.
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Takes effect December 1, 2011 for retail sales or uses occurring on or after that date.
Legislative Description
Exempts services rendered with respect to the maintenance and repair of trucks having a gross weight exceeding 26,000 pounds from the state portion of the sales and compensating use tax.
Last Action
held for consideration in ways and means
6/19/2012