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Assembly Bill A2241

2025-2026 Legislative Session

Grants a sales and compensating use tax exemption for the sale of items designed to ensure the safe handling and storage of firearms

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Current Bill Status - In Assembly Committee

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2025-A2241 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd §1115, Tax L
Versions Introduced in 2023-2024 Legislative Session:
A3163

2025-A2241 (ACTIVE) - Summary

Grants a sales and compensating use tax exemption for the sale of items designed to ensure the safe handling and storage of firearms including safe storage depositories, firearm safety locks and trigger locks.

2025-A2241 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2241
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 15, 2025
                                ___________
 
 Introduced  by  M.  of  A. SANTABARBARA -- read once and referred to the
   Committee on Ways and Means
 
 AN ACT to amend the tax law, in relation to granting a sales and compen-
   sating use tax exemption for the sale of items designed to ensure  the
   safe handling and storage of firearms

   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 47 to read as follows:
   (47)  SALES  OF  ANY SAFE STORAGE DEPOSITORY AS DEFINED IN SUBDIVISION
 THREE OF SECTION 265.45 OF THE PENAL LAW, FIREARM SAFETY LOCKS,  TRIGGER
 LOCKS OR OTHER ITEMS DESIGNED TO ENSURE THE SAFE HANDLING AND STORAGE OF
 FIREARMS.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05073-01-5

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