|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Feb 05, 2021||referred to budget and revenue|
senate Bill S4476
Current Bill Status - In Senate Committee Budget And Revenue Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4476 (ACTIVE) - Details
S4476 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4476 2021-2022 Regular Sessions I N S E N A T E February 5, 2021 ___________ Introduced by Sens. JACKSON, LIU -- 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 exempting the sale of the first thirty-five thousand dollars of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes, and to authorize cities and counties to elect such exemption 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 46 to read as follows: (46) THE RECEIPTS FROM THE FIRST THIRTY-FIVE THOUSAND DOLLARS OF THE RETAIL SALE OR LEASE OF A NEW BATTERY, ELECTRIC, OR PLUG-IN HYBRID ELEC- TRIC VEHICLE. FOR PURPOSES OF THIS PARAGRAPH THE TERM "BATTERY, ELEC- TRIC, OR PLUG-IN HYBRID ELECTRIC VEHICLE" MEANS A MOTOR VEHICLE, AS DEFINED IN SECTION ONE HUNDRED TWENTY-FIVE OF THE VEHICLE AND TRAFFIC LAW, THAT: (I) HAS FOUR WHEELS; (II) WAS MANUFACTURED FOR USE PRIMARILY ON PUBLIC STREETS, ROADS AND HIGHWAYS; (III) THE POWERTRAIN OF WHICH HAS NOT BEEN MODIFIED FROM THE ORIGINAL MANUFACTURER'S SPECIFICATIONS; (IV) IS RATED AT NOT MORE THAN EIGHT THOUSAND FIVE HUNDRED POUNDS GROSS VEHICLE WEIGHT; (V) HAS A MAXIMUM SPEED CAPABILITY OF AT LEAST FIFTY-FIVE MILES PER HOUR; AND (VI) IS PROPELLED AT LEAST IN PART BY AN ELECTRONIC MOTOR AND ASSOCI- ATED POWER ELECTRONICS WHICH PROVIDE ACCELERATION TORQUE TO THE DRIVE WHEELS SOMETIME DURING NORMAL VEHICLE OPERATION, AND THAT DRAWS ELEC- TRICITY FROM A BATTERY THAT: (A) HAS A CAPACITY OF NOT LESS THAN FOUR KILOWATT HOURS; AND EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08165-02-1
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