Issues: Sales Tax

Budget Comes Early, Controls Spending and Holds The Line On Taxes

Senator Patrick M. Gallivan hailed the 2012 state budget today as lawmakers approved the spending plan ahead of the April 1st deadline, marking the second consecutive year New York State will enact an on-time budget.

“Passing a second on-time budget in as many years is indicative of the larger progress we’ve seen lately in Albany. Just as late budgets were once a symbol of dysfunction, on-time budgets are symbolic of continued progress,” the Senator said. “Even more important than passing an on-time budget, is that we passed a fiscally responsible budget that respects New York’s taxpayers and keeps the State moving forward.”

Senator John Flanagan (2nd Senate District) has announced that clothing and footwear purchases under $110 per item are exempt from the New York State portion of sales tax beginning on April 1st, 2012.  The purchase price limit is increasing from the current $55 per item in order to provide families across New York State with greater ability to buy items they may need.

State Senator Mike Nozzolio is reminding taxpayers that beginning Sunday, April 1st, all clothing and shoes costing less than $110 each will be exempt from the New York State’s sales tax. The elimination of this sales tax is estimated to save New Yorkers $210 million over the next year.

Gallivan: “Senate Plan Cuts Taxes, Reforms Medicaid, Protects Seniors and Schools.”

The New York State Senate voted to approve its 2012-13 Senate Budget resolution, continuing its focus on state spending, job creation, and structural reform to government.

The Senate budget, at just under $132.5 billion, keeps the total state spending increase below two percent, and spends less than the Executive Budget. The budget closes a $2 billion budget deficit and builds on last year’s successes in putting the state’s fiscal house in order.

Senate Republican Budget Plan Will Include Expansive “New Jobs-NY” Plan

Senator Patrick M. Gallivan (R,C,I – 59th District) joined fellow Republican members of the Senate today to announce details of the 2012 NEW JOBS-NY Job Creation Plan. The plan puts forth policies critical to revitalizing Western New York, including; tax relief to encourage the creation of new jobs, measures to ensure fiscal responsibility and control state spending, as well as other reforms and incentives to make New York more economically competitive. The plan is part of the Senate budget resolution to be acted on next week.

With families getting ready to start their back to school shopping, Senator Charles J. Fuschillo, Jr. (R-Merrick) is reminding residents that clothing and footwear purchases under $55 per item are now exempt from the New York State portion of sales tax.