Do you support this bill?

Assembly Bill A8422

2011-2012 Legislative Session

Phases out tax on sale of pre-owned marine recreation vehicles; reduction at three years and no tax after fifteen years or more

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

co-Sponsors

2011-A8422 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Add ยง1115-a, Tax L
Versions Introduced in 2009-2010 Legislative Session:
A7076

2011-A8422 (ACTIVE) - Summary

Phases out tax on sale of pre-owned marine recreation vehicles; reduction at three years and no tax after fifteen years or more; defines pre-owned marine recreation vehicles.

2011-A8422 (ACTIVE) - Bill Text download pdf 

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

                                  8422

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              June 15, 2011
                               ___________

Introduced  by  M.  of A. SALADINO, BURLING -- read once and referred to
  the Committee on Ways and Means

AN ACT to amend the tax law, in relation to a reduction in sales and use
  tax on pre-owned marine recreation vehicles

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

  Section  1.  The  tax law is amended by adding a new section 1115-a to
read as follows:
  S 1115-A. REDUCTION IN SALES AND USE TAX ON  PRE-OWNED  MARINE  RECRE-
ATION VEHICLES. 1. AS USED IN THIS SECTION, THE PHRASE "PRE-OWNED MARINE
RECREATION  VEHICLES"  SHALL  MEAN  AND  INCLUDE BOATS AND OTHER DEVICES
OPERATED ON WATER, INTENDED  FOR  PLEASURE  AND  RECREATION  OTHER  THAN
PROFIT,  WHICH  ARE  SOLD BY A PARTY NOT IN THE BUSINESS OF SELLING SUCH
BOATS OR DEVICES.
  2. UPON THE SALE OF A PRE-OWNED MARINE RECREATION VEHICLE THREE  YEARS
OF  AGE OR MORE THAN BUT LESS THAN FIFTEEN YEARS OF AGE, THE TAX THEREON
SHALL BE REDUCED BY TWENTY-FIVE PERCENT. UPON THE SALE OF SUCH A VEHICLE
FIFTEEN YEARS OF AGE OR MORE, NO TAX SHALL BE CHARGED.
  S 2. This act shall take effect on the ninetieth day  after  it  shall
have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09042-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.