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NY A01948
Bill
Status
1/13/2015
Primary Sponsor
Clifford Crouch
Click for details
AI Summary
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Exempts machinery, equipment, and tangible personal property sold to ski resort operators from sales tax when the property will be located at the ski resort, is directly related to providing ski resort services, and is not purchased for resale.
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Extends the exemption to contractors, subcontractors, and repairmen who purchase exempt property for use as capital improvements to ski resort real property.
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Requires ski resort operators and contractors to furnish a certificate to vendors in the form prescribed by the Commissioner to claim the exemption.
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Exempts electricity used directly and exclusively in ski resort operations from sales tax and compensating use tax.
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Takes effect January 1, 2016 and applies to all tax years commencing on or after that date.
Legislative Description
Exempts ski resorts from sales tax on equipment that is used in the operation of the business and from sales tax on electricity used in the operation of the business.
Last Action
held for consideration in ways and means
6/14/2016