Provides that receipts from sale of service or material to correct damages due to natural disaster are exempt from sales or use tax
Provides that receipts from the sale of services or material used to correct, replace or repair damages caused by a natural disaster shall be exempt from sales/use taxes; includes down blast, hurricane, flood or tornado.
Jun 19, 2012: held for consideration in ways and means
Jan 4, 2012: referred to ways and means
Jan 20, 2011: referred to ways and means
STATE OF NEW YORK
2011-2012 Regular Sessions
January 20, 2011
Introduced by M. of A. J. MILLER -- read once and referred to the
Committee on Ways and Means
AN ACT to amend the tax law, in relation to exempting cost of correcting
damages due to natural disaster
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 1115 of the tax law is amended by adding a new
subdivision (gg) to read as follows:
(GG) RECEIPTS FROM THE SALE OF SERVICES AND/OR MATERIAL USED TO
CORRECT, REPLACE OR REPAIR DAMAGES CAUSED BY A NATURAL DISASTER, INCLUD-
ING, BUT NOT LIMITED TO, DOWN BLAST, HURRICANE, FLOOD OR TORNADO.
S 2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law, and shall apply to
sales made, services rendered or uses occurring on or after such effec-
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.