| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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|---|---|
| Jun 16, 2020 | referred to rules |
senate Bill S8590
2019-2020 Legislative Session
Sponsored By
Anna M. Kaplan
(D, IP, WF) 0 Senate District
Archive: Last Bill Status - In Senate Committee Rules Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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S8590 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10679
- Current Committee:
- Senate Rules
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1105, Tax L
- Versions Introduced in 2021-2022 Legislative Session:
-
S535
S8590 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8590 SPONSOR: KAPLAN TITLE OF BILL: An act to amend the tax law, in relation to the imposition of the sales tax for purposes of the storage of tangible personal property PURPOSE: This legislation seeks to clarify that sales tax for the storage of tangible personal property shall only be charged when the location of the storage facility itself is located within New York. SUMMARY OF PROVISIONS: Section 1 amends paragraph 4 of subdivision (c)of section 1105 of the tax law to notwithstand any other rule or regulation to the contrary the imposition of sales tax under this paragraph shall only be assessed for providing a place for the storage of goods/ and or tangible personal property if the physical location is located fully within the physical
S8590 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
8590
I N S E N A T E
June 16, 2020
___________
Introduced by Sen. KAPLAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the tax law, in relation to the imposition of the sales
tax for purposes of the storage of tangible personal property
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 4 of subdivision (c) of section 1105 of the tax
law, as amended by chapter 72 of the laws of 1971, is amended to read as
follows:
(4) Storing all tangible personal property not held for sale in the
regular course of business and the rental of safe deposit boxes or simi-
lar space; PROVIDED, NOTWITHSTANDING ANY OTHER RULE OR REGULATION TO THE
CONTRARY, FOR PURPOSES OF THE IMPOSITION OF THE SALES TAX UNDER THIS
PARAGRAPH, THE TAX SHALL ONLY BE ASSESSED FOR THE PROVISION OF A PLACE
FOR THE STORAGE OF GOODS AND/OR TANGIBLE PERSONAL PROPERTY PROVIDED THAT
THE PHYSICAL LOCATION OF THE STORAGE FACILITY ITSELF THAT IS PROVIDING
THE SAFEKEEPING OF GOODS AND/OR TANGIBLE PERSONAL PROPERTY IS ACTUALLY
LOCATED FULLY WITHIN THE PHYSICAL BOUNDARIES OF THE STATE OF NEW YORK,
WITHOUT REGARD TO THE MANNER OF PAYMENT, OR WHERE THE SERVICES AROSE
FROM, OR LENGTH OF TIME OF THE SERVICE, PROVIDED THAT THE STORAGE
SERVICE PROVIDED IS NOT STORAGE IN TRANSIT, SHALL SERVE AS THE BASIS FOR
SUCH IMPOSITION. PROVIDER FURTHER, THE IMPOSITION OF SALES TAX FOR STOR-
AGE SERVICES SHALL NOT BE APPLICABLE TO ANY OFFSITE SERVICES PROVIDED
EITHER PRIOR TO, OR SUBSEQUENT TO, THE ONSITE STORAGE AND SAFEKEEPING OF
GOODS.
§ 2. This act shall take effect immediately and shall be deemed to
have been in full force and effect on and after January 1, 2013.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16714-01-0
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