senate Bill S1637

Amended

Exempts low-emission and energy efficient vehicles from retail sales and compensating use taxes

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Bill Status


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

  • 09 / Jan / 2013
    • REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 27 / Feb / 2013
    • REPORTED AND COMMITTED TO FINANCE
  • 01 / Apr / 2013
    • AMEND AND RECOMMIT TO FINANCE
  • 01 / Apr / 2013
    • PRINT NUMBER 1637A
  • 08 / Jan / 2014
    • REFERRED TO ENERGY AND TELECOMMUNICATIONS
  • 21 / Jan / 2014
    • AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
  • 21 / Jan / 2014
    • PRINT NUMBER 1637B
  • 28 / Jan / 2014
    • REPORTED AND COMMITTED TO FINANCE

Summary

Exempts low-emission and energy efficient vehicles from retail sales and compensating use taxes.

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Bill Details

See Assembly Version of this Bill:
A3846
Versions:
S1637
S1637A
S1637B
Legislative Cycle:
2013-2014
Current Committee:
Senate Finance
Law Section:
Tax Law
Laws Affected:
Amd ยง1115, Tax L
Versions Introduced in Previous Legislative Cycles:
2011-2012: S1054, A2539
2009-2010: S1783A, A4022A
2007-2008: S7547, A10447

Votes

10
0
10
Aye
0
Nay
1
aye with reservations
0
absent
0
excused
0
abstained
show Energy and Telecommunications committee vote details

Sponsor Memo

BILL NUMBER:S1637 REVISED 3/28/13

TITLE OF BILL: An act to amend the tax law, in relation to exempting
low-emission and energy efficient vehicles from retail sales and
compensating use taxes; and providing for the repeal of such
provisions upon expiration thereof

PURPOSE OR GENERAL IDEA OF BILL: This bill provides an incentive in
the State of New York for individuals and commercial entities to
purchase vehicles identified by the United States Environmental
Protection Agency as clean and energy efficient.

SUMMARY OF SPECIFIC PROVISIONS: This legislation amends the Tax Law
to exempt receipts from the retail sale or use of low-emission and
energy-efficient vehicles from sales and compensating use taxes
imposed in or by the State of New York.

JUSTIFICATION: This bill would provide an incentive for residents of
New York State to purchase cleaner, more efficient vehicles. This bill
would encourage individuals and commercial entities to purchase hybrid
vehicles by making them exempt from the 4% sales and compensating use
taxes set forth by the state. About 33% of U.S carbon dioxide
emissions comes from the burning of gasoline in internal-combustion
engines of cars and light trucks. For each gallon of gas a vehicle
consumes, 19.6 pounds of carbon dioxide are emitted into the air.
This exemption would be in place for five years. This legislation
would be a great step in achieving better air quality in New York
State as well as a reduction in the use of gasoline because hybrid
vehicles get better mileage per gallon of gasoline.

PRIOR LEGISLATIVE HISTORY: 2011-12: S.1054/A.2539 - Referred to
Energy & Telecommunication 2009-10: S.1783A/A.4022A - Finance
2008-09:S.7547

FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: This bill is
estimated to reduce state and local sales tax revenues by
approximately $27.8 million. The State portion of this loss would be
approximately $13.1 million. This loss will be offset by proceeds
collected from the auction of any emissions allowances for air
contaminants pursuant to article nineteen of the environmental
conservation law and proceeds collected but not allocated by the New
York State Energy Research and Development Authority. The offset is
capped at $27 million.

EFFECTIVE DATE: This act shall take effect on the first day of the
sales tax quarter that begins at least 90 days after the day on which
it shall have become a law and shall expire and be deemed repealed
December 31, 2016.

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

                                  1637

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations

AN  ACT  to amend the tax law, in relation to exempting low-emission and
  energy efficient vehicles  from  retail  sales  and  compensating  use
  taxes; and providing for the repeal of such provisions upon expiration
  thereof

  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)  LOW-EMISSION AND ENERGY EFFICIENT VEHICLES. FOR PURPOSES OF THIS
PARAGRAPH, A "LOW-EMISSION AND ENERGY EFFICIENT VEHICLE"  SHALL  MEAN  A
VEHICLE  CERTIFIED  BY  THE  ADMINISTRATOR OF THE UNITED STATES ENVIRON-
MENTAL PROTECTION AGENCY PURSUANT TO  23  U.S.C.  S  166(F)(3).  IF  THE
ADMINISTRATOR  OF  THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY HAS
NOT SO CERTIFIED ANY VEHICLE AS  A  LOW-EMISSION  AND  ENERGY  EFFICIENT
VEHICLE, THEN, UNTIL SUCH CERTIFICATION OCCURS, "LOW-EMISSION AND ENERGY
EFFICIENT  VEHICLE"  SHALL  MEAN  ANY  VEHICLE  THAT HAS ACHIEVED AN AIR
POLLUTION SCORE OF NINE OR BETTER AND A GREENHOUSE GAS SCORE OF NINE  OR
BETTER  ON THE GREEN VEHICLE GUIDE MAINTAINED BY THE UNITED STATES ENVI-
RONMENTAL PROTECTION AGENCY. THE DEPARTMENT SHALL POST ON ITS WEB SITE A
LIST OF LOW-EMISSION AND ENERGY EFFICIENT VEHICLES  BY  MAKE  AND  MODEL
YEAR  AND  SUCH  OTHER  SPECIFICATIONS AS MAY BE NECESSARY TO IDENTIFY A
LOW-EMISSION AND ENERGY EFFICIENT VEHICLE, AND SHALL UPDATE SUCH LIST AS
NECESSARY TO PROVIDE A COMPLETE LIST OF LOW-EMISSION  AND  ENERGY  EFFI-
CIENT VEHICLES.
  S  2.  This  act  shall  take effect on the first day of the sales tax
quarter that begins at least ninety days after the day on which it shall
have become a law and shall expire and be deemed repealed  December  31,
2016.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02360-01-3

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