S T A T E O F N E W Y O R K
________________________________________________________________________
3799
2009-2010 Regular Sessions
I N A S S E M B L Y
January 28, 2009
___________
Introduced by M. of A. WALKER, ALFANO, BARRA, McDONOUGH, RAIA, TOWNSEND,
BACALLES, CROUCH, MOLINARO, KOLB -- Multi-Sponsored by -- M. of A.
BARCLAY, CONTE, DUPREY, HAWLEY, QUINN, THIELE -- read once and
referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to exempting hybrid vehicles
from sales and compensating use tax
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) QUALIFIED HYBRID VEHICLES. FOR PURPOSES OF THIS PARAGRAPH THE
TERM "QUALIFIED HYBRID VEHICLE" MEANS A MOTOR VEHICLE AS DEFINED IN
SECTION ONE HUNDRED TWENTY-FIVE OF THE VEHICLE AND TRAFFIC LAW, OTHER
THAN AN ELECTRIC VEHICLE, AS SUCH TERM IS DEFINED IN SUBSECTION (C) OF
SECTION THIRTY OF THE INTERNAL REVENUE CODE, THAT:
(I) DRAWS PROPULSION ENERGY FROM BOTH
(A) AN INTERNAL COMBUSTION ENGINE (OR HEAT ENGINE THAT USES COMBUSTI-
BLE FUEL); AND
(B) AN ENERGY STORAGE DEVICE; AND
(II) EMPLOYS A REGENERATIVE VEHICLE BRAKING SYSTEM THAT RECOVERS WASTE
ENERGY TO CHARGE SUCH ENERGY STORAGE DEVICE.
S 2. This act shall take effect immediately, and shall apply to taxa-
ble years beginning on and after January 1, 2009.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01629-01-9