Author

Anthony Palumbo
188 State Street Legislative Office Building, Room 604
Albany, NY 12247
518-455-3121
palumbo@nysenate.gov
Author Detail Link

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Bill Text

Category

Fuel Tax

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State

NY

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Summary

[wpcode id=”3772″]

Computes sales and compensating use tax on retail sales of motor fuel and diesel motor fuel at a rate of cents per gallon and requires prepayment.

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Issue

Amends the tax law by establishing the quarterly computation of motor fuel and diesel motor fuel by the commissioner, a rate of cents per gallon rounded to the nearest cent and multiplied by the cost of the fuel.

Amends the tax law by establishing that the sales and compensating use taxes on motor fuel and diesel motor fuel in New York State shall be prepaid on each gallon of fuel.

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Notes

Carries-over to 2024. Pending Committee action. Same as AB 2425.

History

02/14/2023 Introduced. Referred to Senate Committee on Budget and Revenue.