Loading chat...

NY S06115

Bill

Official Source

Status

Introduced

5/11/2017

Primary Sponsor

Simcha Felder

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Extends the expiration date of sales and use tax exemptions for commercial office space tenants from December 1, 2020 to December 1, 2024
  • Extends the deadline for eligible tenants in certain areas to enter into qualifying 10-year space leases from September 1, 2017 to September 1, 2021
  • Extends the deadline for eligible tenants in other designated areas to enter into qualifying leases from September 1, 2019 to September 1, 2023
  • Moves the expiration date for one specific provision (clause (i) of subparagraph (D)) from December 1, 2018 to December 1, 2022
  • Takes effect immediately upon enactment

Legislative Description

Extends from December 1, 2020 to December 1, 2024, the expiration of the sales tax exemption for tangible personal property purchased by certain commercial tenants.

Last Action

REFERRED TO CITIES

1/3/2018

Committee Referrals

Cities1/3/2018
Finance5/23/2017
Cities5/17/2017
Energy and Telecommunications5/11/2017

Full Bill Text

No bill text available