Bill Text: NY A05538 | 2023-2024 | General Assembly | Amended

New York Assembly Bill 5538

Bill Title: Exempts books, magazines, pamphlets and other related items sold at a primary or secondary school facility or at a library at a book fair organized, hosted or sponsored by an organization established for educational purposes, including but not limited to a parent-teacher association, booster club, or a similar school-based association which supports school activities, or a friends of the library organization from sales and compensating use taxes.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Introduced) 2024-01-03 - referred to ways and means [A05538 Detail]

Download: New_York-2023-A05538-Amended.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                         5538--B

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                     March 16, 2023
                                       ___________

        Introduced by M. of A. RIVERA -- read once and referred to the Committee
          on  Ways  and  Means  --  committee  discharged, bill amended, ordered
          reprinted as amended  and  recommitted  to  said  committee  --  again
          reported  from  said  committee  with amendments, ordered reprinted as
          amended and recommitted to said committee

        AN ACT to amend the tax law, in relation to exempting books,  magazines,
          pamphlets  and  other  related  items  sold at certain book fairs from
          sales and compensating use taxes

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision (a) of section 1115 of the tax law is amended
     2  by adding a new paragraph 47 to read as follows:
     3    (47) Books, magazines, pamphlets and other related  items  sold  at  a
     4  primary  or  secondary  school  facility  or at a library at a book fair
     5  organized, hosted or sponsored by an organization established for educa-
     6  tional purposes as described in paragraph four  of  subdivision  (a)  of
     7  section one thousand one hundred sixteen of this part, including but not
     8  limited to a parent-teacher association, booster club, a similar school-
     9  based  association which supports school activities, or a friends of the
    10  library organization.
    11    § 2. This act shall take effect on the first day of a sales tax  quar-
    12  terly period, as described in subdivision (b) of section 1136 of the tax
    13  law,  beginning at least ninety days after the date this act  shall have
    14  become a law and shall apply to sales made on or after such date.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07794-03-3