This bill has been amended

Bill S7349-2011

Authorizes counties to establish a tax free week in August

Authorizes counties to establish a tax free week in August exempting purchases of clothing and footwear from county sales tax for a 7-day period in August.

Details

Actions

  • May 31, 2012: 1ST REPORT CAL.979
  • May 2, 2012: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Meetings

Calendars

Votes

VOTE: COMMITTEE VOTE: - Investigations and Government Operations - May 31, 2012
Ayes (7): Marcellino, Alesi, Golden, Nozzolio, Zeldin, Squadron, Peralta
Excused (1): Diaz

Memo

BILL NUMBER:S7349

TITLE OF BILL: An act to amend the tax law, in relation to authorizing counties to establish a tax free week in August

PURPOSE: The legislation would authorize counties to establish a tax free week in the month of August.

SUMMARY OF PROVISIONS: Section 1. The tax law is amended by adding a new section 1225 to read as follows:

§ 1225. Sales tax exemption. Notwithstanding any other law to the contrary, any county may elect to exempt purchases of goods and merchandise, excluding automobiles and gasoline, sold within the county from any taxes imposed pursuant to part one of this article for a ten day period in August commencing on a Friday and ending on a Sunday.

Section 2. This act shall take effect immediately.

JUSTIFICATION: Many states provide taxpayers with tax free events ranging from a weekend to one week. Such tax free events are popular with taxpayers and a boon to local retailers who welcome the additional business. In Tennessee, the increase in retail sales has been so high that many stores have extended hours. States such as Maryland, Tennessee, South Carolina, Florida and Alabama empower their counties to exempt county sales tax from certain items. Sales tax exemptions have been granted in New York State and New York City for state and city residents typically for clothes and footwear.

This legislation provides counties with the legal authority to exempt purchases of goods and merchandise, excluding automobiles and gasoline, sold within the county for a ten day period in August commending on a Friday and ending on a Sunday. The timing is designed to provide sorely needed financial relief for parents of school-aged children who are purchasing supplies for the school year.

This legislation is opt-in for counties. County government must pass a resolution(s) to take such action.

LEGISLATIVE HISTORY: This is a new bill.

FISCAL IMPLICATIONS: There are no fiscal implications to the state.

EFFECTIVE DATE: Immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 7349 IN SENATE May 2, 2012 ___________
Introduced by Sen. SALAND -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to authorizing counties to establish a tax free week in August THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 1225 to read as follows: S 1225. SALES TAX EXEMPTION. NOTWITHSTANDING ANY OTHER LAW TO THE CONTRARY, ANY COUNTY MAY ELECT TO EXEMPT PURCHASES OF GOODS AND MERCHAN- DISE, EXCLUDING AUTOMOBILES AND GASOLINE, SOLD WITHIN THE COUNTY FROM ANY TAXES IMPOSED PURSUANT TO PART ONE OF THIS ARTICLE FOR A TEN DAY PERIOD IN AUGUST COMMENCING ON A FRIDAY AND ENDING ON A SUNDAY. S 2. This act shall take effect immediately.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus