Senator Ranzenhofer discusses action taken by the Governor and State Legislature to eliminate the State sales tax on clothing purchases. As of April 1st, clothing and footwear purchases up to $110 are not subject to New York State sales tax. Click here for more information.
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.”
Repeal of MTA Payroll Tax on 80% of Small Business and the Elimination of State Sales Tax on Clothing and Shoes
Senator Steve Saland (R, I, C - Poughkeepsie) today announced self-employed taxpayers and businesses with an annual payroll under $1.25 million, will finally be relieved of the MTA payroll tax on April 1st. In 2009, employers were unjustly saddled with this onerous tax which Senator Saland vehemently opposed.
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.
Governor Cuomo released the following announcement on March 27, 2012:
The Budget continues the Governor’s commitment to fiscal responsibility while creating jobs and strengthening communities across the state. It closes a multi-billion dollar deficit with no new taxes, fees or gimmicks, limits spending growth to two percent or below for the second year in a row, and launches the New York Works Task Force to invest billions of dollars to rebuild the state's roads, bridges, parks, and other infrastructure and create tens of thousands of jobs.
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.
Albany, N.Y. – State Senator Michael H. Ranzenhofer has announced clothing and footwear items sold for less than $110 will be exempt from the four percent State sales tax starting on Sunday, April 1, 2012. Currently, the exemption only applies to items sold for less than $55.
“This expanded State sales tax exemption will help relieve the tax burden at the cash register for all New Yorkers, saving a total of $220 million,” said Ranzenhofer. “Now, families and residents will notice a few extra dollars being returned to their pockets the next time they go to the store for clothes or shoes.”
Senator Charles J. Fuschillo, Jr. (R-Merrick) is reminding residents about a tax cut taking effect that will help them keep more of their hard earned money.
Starting April 1st, all clothing and footwear sold for less than $110 per item (or per pair of footwear) will be exempt from the New York State 4 percent sales tax. Additionally, most fabric, thread, yarn, buttons, snaps, hooks, zippers and similar items that are used to make or repair exempt clothing will also be eligible for the exemption.
The exemption from state sales tax, which is in effect year-round, will help put money back into the pockets of hard-working families.
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.
March 6, 2012 The Honorable Andrew M. CuomoGovernor of the State of New YorkExecutive ChamberNew York State Capitol BuildingAlbany, NY 12224 Re: The New York State DREAM Act Dear Governor Cuomo: We write today to ask you to include the New York State DREAM Act in your Executive Budget.
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.
Senator Greg Ball (R, C -- Patterson) announced that the Gas Tax Holiday Bill, S4880B, passed the State Senate by a 48-14 vote. The legislation, sponsored by Senator Ball and Assemblyman Jim Tedisco (R, C, I -- Schenectady-Saratoga) suspends 33 cents in gas taxes during Memorial Day weekend, Independence Day weekend, and Labor Day weekend.