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