| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 03, 2024 |
referred to budget and revenue |
| May 23, 2023 |
reported and committed to finance |
| Mar 03, 2023 |
referred to budget and revenue |
Senate Bill S5418
2023-2024 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Budget And Revenue Committee
Actions
Votes
2023-S5418 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10024
- Current Committee:
- Senate Budget And Revenue
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1115, Tax L
- Versions Introduced in 2025-2026 Legislative Session:
-
S2390, A4233
2023-S5418 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5418
SPONSOR: FELDER
TITLE OF BILL:
An act to amend the tax law, in relation to increasing the tax exemption
amount on clothing and apparel items from one hundred ten dollars to two
hundred dollars
SUMMARY OF PROVISIONS:
Paragraph 30 of subdivision (a) of section 1115 of the Tax Law is
amended to increase the amount of the tax exemption amount on clothing
and apparel items from one hundred ten dollars to two hundred dollars
JUSTIFICATION:
The current tax exemption on clothing and footwear in New York State has
not been adjusted since 1998, when it was set at one hundred and ten
dollars. When taking into account inflation, $110 in 1998 would be worth
$200 in 2023. This legislation simply raises the tax exemption on cloth-
ing and footwear to keep pace with the level of inflation that has
2023-S5418 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5418
2023-2024 Regular Sessions
I N S E N A T E
March 3, 2023
___________
Introduced by Sen. FELDER -- 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 increasing the tax exemption
amount on clothing and apparel items from one hundred ten dollars to
two hundred dollars
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 30 of subdivision (a) of section 1115 of the tax
law, as amended by section 84 of part A of chapter 56 of the laws of
1998, is amended to read as follows:
(30) Clothing and footwear for which the receipt or consideration
given or contracted to be given is less than [one] TWO hundred [ten]
dollars per article of clothing, per pair of shoes or other articles of
footwear or per item used or consumed to make or repair such clothing
and which becomes a physical component part of such clothing.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03041-01-3
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