|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 S915
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S915 - Details
S915 - Summary
Relates to providing a sales and compensating use tax exemption in certain areas of New York city.
S915 - Sponsor Memo
BILL NUMBER:S915 TITLE OF BILL: An act to amend the tax law, in relation to providing a sales and compensating use tax exemption in certain areas of New York city PURPOSE OR GENERAL IDEA OF BILL: To provide that there will be no sales tax, on goods or services that are less than $110 for a period of six months from the first day construction has commenced within a certain portion of the Second Avenue Subway construction to assist the "Shop Second Avenue" campaign currently underway in bringing consumers in the doors of these beleaguered businesses that are likely to continue shopping there after the sales tax is reinstated. SUMMARY OF PROVISIONS: Section 1 adds a new paragraph 39 to subdivision (b) of section 1101 of the tax law defining a good or service as having a value of less than one hundred ten dollars in the aggregate. Section 2 adds a new paragraph 44 to subdivision (a) of section 1115 of the tax law providing a sale tax exemption for goods and services for a six month period within the business zone area commencing on the first day of a period of authorized construction. This legislation also defines the business zone area as well as empowers the commissioner to determine the period of authorized construction for each business zone area.
S915 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 915 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to providing a sales and compensating use tax exemption in certain areas of New York city THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (b) of section 1101 of the tax law is amended by adding a new paragraph 39 to read as follows: (39) GOODS AND SERVICES SHALL MEAN ANY GOOD OR SERVICE THE VALUE OF WHICH IS LESS THAN ONE HUNDRED TEN DOLLARS IN VALUE IN THE AGGREGATE. S 2. Subdivision (a) of section 1115 of the tax law is amended by adding a new paragraph 44 to read as follows: (44)(I) GOODS AND SERVICES, AS DEFINED IN PARAGRAPH THIRTY-NINE OF SUBDIVISION (B) OF SECTION ELEVEN HUNDRED ONE OF THIS ARTICLE, SOLD IN A BUSINESS ZONE AREA. SUCH EXEMPTION SHALL CONTINUE FOR SIX MONTHS FOR ANY GIVEN BUSINESS ZONE AREA COMMENCING ON THE FIRST DAY OF A PERIOD OF AUTHORIZED CONSTRUCTION. (II) FOR PURPOSES OF THIS PARAGRAPH, BUSINESS ZONE AREA SHALL MEAN THOSE BUSINESSES IN THE CITY OF NEW YORK THAT ARE NO MORE THAN ONE HUNDRED FEET FROM ANY CONSTRUCTION IN THE FOLLOWING AREAS: (A) 125TH STREET FROM 5TH AVENUE TO 3RD AVENUE; (B) 2ND AVENUE FROM 129TH STREET TO 92ND STREET; (C) 2ND AVENUE FROM 87TH STREET TO 83RD STREET; (D) 2ND AVENUE FROM 73RD STREET TO 69TH STREET; (E) 2ND AVENUE FROM 65TH STREET TO 58TH STREET; (F) 2ND AVENUE FROM 45TH STREET TO 41ST STREET; (G) 2ND AVENUE FROM 36TH STREET TO 32ND STREET; (H) 2ND AVENUE FROM 26TH STREET TO 23RD STREET; (I) 2ND AVENUE FROM 15TH STREET TO 11TH STREET; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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