Assembly Actions -
Senate Actions - UPPERCASE
|Jan 05, 2022||
referred to budget and revenue
|Jan 06, 2021||
referred to budget and revenue
Senate Bill S535
2021-2022 Legislative Session
Archive: Last Bill Status - In Senate Committee Budget And Revenue Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2021-S535 (ACTIVE) - Details
2021-S535 (ACTIVE) - Sponsor Memo
BILL NUMBER: S535 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
2021-S535 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 535 2021-2022 Regular Sessions I N S E N A T E (PREFILED) January 6, 2021 ___________ Introduced by Sen. KAPLAN -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue 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. LBD04840-01-1
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.