|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to investigations and government operations|
|Jan 06, 2011||referred to investigations and government operations|
senate Bill S1260
Archive: Last Bill Status -
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1260 - Details
S1260 - Summary
Grants a sales and compensating use tax exemption for books, magazines, pamphlets and other school or library book fair items sold at a school book fair sponsored by a parent-teacher organization, booster club or similar school-based association which supports school activities or sold at a book fair sponsored by library friends or foundation.
S1260 - Sponsor Memo
BILL NUMBER:S1260 TITLE OF BILL: An act to amend the tax law, in relation to granting a sales and compensating use tax exemption for goods sold at school book fairs PURPOSE: This bill provides that books, magazines, pamphlets and other items sold at school sponsored book fairs shall be exempt from the collection of sales taxes. SUMMARY OF PROVISIONS: Section 1: Adds a new Tax Law section 1115(a)(44) to exempt from the collection of sates taxes items such as books, magazines, and other items sold at a school or library sponsored book fair such as, science project kits and posters. The book fair would need to be conducted at a primary or secondary school or library and be sponsored by a parent-teacher association or organization or at a location sponsored by a library friends group or foundation. EXISTING LAW: None. JUSTIFICATION: School book fairs are generally conducted by school-based volunteer
S1260 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1260 2011-2012 Regular Sessions I N S E N A T E January 6, 2011 ___________ Introduced by Sens. LAVALLE, DeFRANCISCO, JOHNSON, LARKIN, RANZENHOFER, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to granting a sales and compen- sating use tax exemption for goods sold at school book fairs 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) BOOKS, MAGAZINES, PAMPHLETS AND OTHER SCHOOL OR LIBRARY BOOK FAIR RELATED ITEMS INCLUDING, BUT NOT LIMITED TO, SCIENCE PROJECT KITS AND POSTERS, SOLD IN A PRIMARY OR SECONDARY SCHOOL FACILITY AT A SCHOOL BOOK FAIR SPONSORED BY A PARENT-TEACHER ASSOCIATION OR ORGANIZATION, BOOSTER CLUB, OR SIMILAR SCHOOL-BASED ASSOCIATION WHICH SUPPORTS SCHOOL ACTIV- ITIES OR SOLD AT A BOOK FAIR SPONSORED BY LIBRARY FRIENDS OR FOUNDATION. S 2. This act shall take effect on the first of July next succeeding the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01097-01-1
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