Bill Text: NY S00157 | 2025-2026 | General Assembly | Introduced

---

Bill Title: Repeals certain provisions relating to use tax exemptions for certain race horses; prevents nonresident race horse owners from avoiding use tax in certain situations.

Spectrum: Partisan Bill (Democrat 9-0)

Status: (Introduced) 2025-01-08 - REFERRED TO BUDGET AND REVENUE [S00157 Detail]

Download: New_York-2025-S00157-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                           157

                               2025-2026 Regular Sessions

                    IN SENATE

                                       (Prefiled)

                                     January 8, 2025
                                       ___________

        Introduced  by  Sens. SALAZAR, BRISPORT, CLEARE, HOYLMAN-SIGAL, JACKSON,
          KRUEGER, RIVERA, SEPULVEDA, SKOUFIS -- read twice and ordered printed,
          and when printed to be committed to the Committee on Budget and Reven-
          ue

        AN ACT to amend the tax law, in  relation  to  use  tax  exemptions  for
          certain  race  horses;  and  to  repeal certain provisions of such law
          relating thereto

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

     1    Section  1. Paragraph 29 of subdivision (a) of section 1115 of the tax
     2  law is REPEALED.
     3    § 2. Subdivisions 9 and  10  of  section  1118  of  the  tax  law  are
     4  REPEALED.
     5    § 3. Paragraph (b) of subdivision 2 of section 1118 of the tax law, as
     6  added  by  section  2  of  part CC of chapter 59 of the laws of 2017, is
     7  amended to read as follows:
     8    (b) Notwithstanding any provision of this article to the contrary, the
     9  exclusion in paragraph (a) of this subdivision shall not  apply  to  the
    10  use  within  the  state  of property or a service purchased outside this
    11  state by a nonresident that is not an individual, unless  such  nonresi-
    12  dent  has  been doing business outside the state for at least six months
    13  prior to the date such nonresident brought such property or service into
    14  this state.  For purposes of this paragraph, the exclusion in  paragraph
    15  (a)  of  this subdivision shall not apply to any nonresident that is not
    16  an individual when the property purchased by such nonresident is a horse
    17  or horses brought into the state for racing, regardless of whether  such
    18  nonresident  has  been doing business outside the state for at least six
    19  months prior to the date such horse or  horses  were  brought  into  the
    20  state for racing.
    21    § 4. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00596-01-5