NY AB 4823

Author

Brian Manktelow
LOB 320
Albany, NY 12248
518-455-5655
manktelowb@nyassembly.gov
Author Detail Link

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Bill Text

Category

Sales and Use Tax Exemption

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State

NY

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Summary

Exempts from sales and use taxes certain motor vehicles, parts and services, and railroad rolling stock, parts and services.

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Issue

Exempts from sales and use taxes certain motor vehicles, parts and services, and railroad rolling stock, parts and services. Provides that purchase, rental, or lease of tractors, trailers, and semitrailers that have a gross vehicle weight of more than 26,000 pounds is exempt. The purchase of parts and property for equipping, maintaining, or repairing qualifying vehicles is exempt. The installation, maintenance, and repair services performed on qualifying vehicles are exempt. Railroad rolling stock, parts, and services are exempt.

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Notes

Pending Committee action.

History

02/06/2025 Introduced. Referred to Assembly Committee on Ways and Means.