Bill Text: NY A02687 | 2015-2016 | General Assembly | Introduced


Bill Title: Reduces sales tax on vehicles manufactured in the United States by one percent; provides that the commissioner of taxation and finance shall obtain a listing of such vehicles from the commissioner of motor vehicles yearly.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-01-06 - referred to ways and means [A02687 Detail]

Download: New_York-2015-A02687-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2687
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 20, 2015
                                      ___________
       Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
         tee on Ways and Means
       AN ACT to amend the tax law, in relation to reduced sales tax  on  vehi-
         cles manufactured in the United States
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The tax law is amended by adding a new  section  1105-D  to
    2  read as follows:
    3    S  1105-D.  REDUCED  SALES  TAX ON CERTAIN MOTOR VEHICLES. (A) THE TAX
    4  IMPOSED BY SUBDIVISION (A) OF SECTION ELEVEN HUNDRED FIVE OF  THIS  PART
    5  SHALL  BE  REDUCED BY ONE PERCENT WHEN BEING IMPOSED UPON MOTOR VEHICLES
    6  MANUFACTURED IN THE UNITED STATES OF AMERICA.
    7    (B) FOR PURPOSES OF THIS SECTION, THE TERM MOTOR VEHICLE SHALL MEAN  A
    8  VEHICLE AS DEFINED IN SECTION ONE HUNDRED TWENTY-FIVE OF THE VEHICLE AND
    9  TRAFFIC LAW.
   10    (C)  THE  COMMISSIONER  SHALL  OBTAIN  YEARLY FROM THE COMMISSIONER OF
   11  MOTOR VEHICLES A LIST OF VEHICLES MANUFACTURED IN THE UNITED  STATES  OF
   12  AMERICA.
   13    S 2. This act shall take effect on the one hundred eightieth day after
   14  it shall have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05391-01-5
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