|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to investigations and government operations|
|Jan 09, 2013||referred to investigations and government operations|
senate Bill S1553
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1553 - Details
S1553 - 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.
S1553 - Sponsor Memo
BILL NUMBER:S1553 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 sales taxes items such as books, magazines, and other items sold at a school or library sponsored hook fair such as, science project kits and posters. The book fair would need to he 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 organizations that are not sophisticated in organization and in ascertaining the proper sales tax on low cost items such as books and other book sale items. Compounding the
S1553 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1553 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. LAVALLE, DeFRANCISCO, LARKIN, MAZIARZ, RANZENHOFER -- 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. LBD03758-01-3
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