senate Bill S772A

Sales tax exemption for corn kernel fuel sold for residential heating purposes in a compatible stove

download pdf

Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
view actions

actions

  • 05 / Jan / 2011
    • REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 21 / Jan / 2011
    • AMEND (T) AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
  • 21 / Jan / 2011
    • PRINT NUMBER 772A
  • 04 / Jan / 2012
    • REFERRED TO ENERGY AND TELECOMMUNICATIONS

Summary

Provides sales tax exemption for corn kernel fuel sold for residential heating purposes in a compatible stove.

do you support this bill?

Bill Details

Versions:
S772
S772A
Legislative Cycle:
2011-2012
Current Committee:
Senate Energy And Telecommunications
Law Section:
Tax Law
Laws Affected:
Amd ยง1115, Tax L
Versions Introduced in 2009-2010 Legislative Cycle:
S2488

Sponsor Memo

BILL NUMBER:S772A

TITLE OF BILL:
An act
to amend the tax law, in relation to exempting corn fuel from sales
and compensating use taxes

PURPOSE:
This bill provides that corn fuel sold for residential heating
purposes would be exempt from sales and compensating use taxes.

SUMMARY OF PROVISIONS:
Amends subdivision (a) of section 1115 of the tax law to add a new
paragraph 44 to include corn fuel sold for residential heating
purposes in a compatible fuel appliance.

JUSTIFICATION:
Home heating fuels such as natural gas, fuel oil, propane, and wood
pellets are currently exempt from the state sales tax. Shelled kernel
corn, which is an alternative fuel option for home heating, should
therefore also be exempt from the state sales tax. With energy costs
at record highs, it is important to better facilitate the use of
alternative heating sources. Exempting corn heating fuel from sales
and compensating use tax, as provided by this bill, shall serve as an
incentive to offer corn as another option for alternative home
heating fuel.

LEGISLATIVE HISTORY:
2009-2010: S.2488 Reported to Finance
2007-2008: S.5578/A.1785 Reported to Finance

FISCAL IMPLICATIONS:
None.

EFFECTIVE DATE:
This act shall take effect on the first day of a sales tax quarterly
period, as described in subdivision (b) of section 1136 of the tax
law; next commencing at least 60 days after this act shall have
become a law.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 772--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations  --  committee  discharged, bill amended, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the tax law, in relation to  exempting  corn  fuel  from
  sales and compensating use taxes

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision (a) of section 1115 of the tax law  is  amended
by adding a new paragraph 44 to read as follows:
  (44) KERNEL CORN SOLD WITH THE INTENDED USE AS A FUEL SOURCE FOR RESI-
DENTIAL  HEATING  PURPOSES  AND  DRIED  TO A MOISTURE CONTENT THAT WOULD
ALLOW USE IN A COMPATIBLE FUEL APPLIANCE.
  S 2. This act shall take effect on the first day of a sales tax  quar-
terly period, as described in subdivision (b) of section 1136 of the tax
law, next commencing at least 60 days after this act shall have become a
law.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03449-02-1

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.