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NY A03567

Bill

Status

Introduced

1/27/2015

Primary Sponsor

David DiPietro

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Exempts services for maintenance and repair of trucks weighing over 33,000 pounds gross vehicle weight from state sales and use tax under Tax Law Section 1105(c)(3)(xii)

  • Defines eligible trucks as those specified in Tax Law Section 1115(a)(44), including both purchased and leased trucks, and property installed for their equipping, maintenance, or repair

  • Excludes the truck maintenance and repair exemption from applying to fuel, gas, electricity, refrigeration, and steam used directly in production of those utilities

  • Exempts the truck maintenance and repair services exemption from local sales taxes imposed by cities and counties under Tax Law Section 1210

  • Takes effect December 1, 2015, and applies to 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 33,000 pounds from the state portion of the sales and compensating use tax.

Last Action

held for consideration in ways and means

6/14/2016

Committee Referrals

Ways and Means1/27/2015

Full Bill Text

No bill text available