Bill Text: NY S05955 | 2023-2024 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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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: Partisan Bill (Democrat 6-0)

Status: (Engrossed) 2024-03-28 - referred to ways and means [S05955 Detail]

Download: New_York-2023-S05955-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          5955

                               2023-2024 Regular Sessions

                    IN SENATE

                                     March 23, 2023
                                       ___________

        Introduced  by  Sen.  CHU  --  read  twice and ordered printed, and when
          printed to be committed to the Committee on Budget and Revenue

        AN ACT to amend the tax law, in relation to exempting books,  magazines,
          pamphlets  and other related items sold at either a primary or second-
          ary school facility at a book fair sponsored by a parent-teacher asso-
          ciation or organization, booster club, or similar school-based associ-
          ation which supports school activities or sold at an event  hosted  by
          library friends or foundation 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
     4  either a primary or secondary school facility at a book  fair  sponsored
     5  by  a parent-teacher association or organization, booster club, or simi-
     6  lar school-based association which supports school activities or sold at
     7  an event hosted by library friends or foundation.
     8    § 2. This act shall take effect on the first day of a sales tax  quar-
     9  terly period, as described in subdivision (b) of section 1136 of the tax
    10  law,  beginning at least ninety days after the date this act  shall have
    11  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.
                                                                   LBD10364-01-3