Bill Text: NY A04709 | 2015-2016 | General Assembly | Amended


Bill Title: Establishes a sales and compensating use tax exemption for the receipts from the provision of transportation of used goods that are going to be recycled, reused or remanufactured.

Spectrum: Strong Partisan Bill (Democrat 11-1)

Status: (Introduced - Dead) 2016-04-12 - print number 4709a [A04709 Detail]

Download: New_York-2015-A04709-Amended.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                         4709--A
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                    February 5, 2015
                                       ___________
        Introduced  by  M.  of  A.  COLTON, ENGLEBRIGHT, MILLER, RAIA, RIVERA --
          Multi-Sponsored by  --  M.  of  A.  COOK,  CYMBROWITZ,  GALEF,  MAGEE,
          MORELLE,  THIELE, ZEBROWSKI -- read once and referred to the Committee
          on Ways and Means -- recommitted to the Committee on Ways and Means in
          accordance with Assembly Rule 3, sec. 2 -- committee discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee
        AN ACT to amend the tax law, in relation to  exempting  from  sales  and
          compensating use tax, receipts from the provision of transportation of
          used tangible personal property for the purpose of recycling, reuse or
          remanufacture
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 1115 of the tax law is  amended  by  adding  a  new
     2  subdivision (kk) to read as follows:
     3    (kk)  Receipts from the provision of the transportation of used tangi-
     4  ble personal property for the purpose of recycling, reusing  or  remanu-
     5  facturing such property.
     6    §  2.  This  act  shall  take effect on the first day of the sales tax
     7  quarterly period, as described in subdivision (b) of section 1136 of the
     8  tax law, beginning not less than 90 days after the date this  act  shall
     9  have  become a law and shall apply to the provision of transportation on
    10  or after such effective date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06515-03-6
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