A08170 Summary:

BILL NOA08170A
 
SAME ASSAME AS UNI. S05897-A
 
SPONSORPalumbo
 
COSPNSR
 
MLTSPNSR
 
Amd 1115, Tax L
 
Exempts computer hardware and software and school supplies from sales tax during two specified one week periods.
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A08170 Actions:

BILL NOA08170A
 
06/10/2015referred to ways and means
01/06/2016referred to ways and means
01/25/2016amend and recommit to ways and means
01/25/2016print number 8170a
06/15/2016held for consideration in ways and means
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A08170 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A8170A
 
SPONSOR: Palumbo
  TITLE OF BILL: An act to amend the tax law, in relation to exempting computer hardware and software and school supplies from sales and compensating use tax during two one-week periods each year   PURPOSE OR GENERAL IDEA OF BILL: Amends the Tax Law to establish two one-week periods each year to exempt computer hardware and software, as well as school supplies from Sales and Compensating Use Tax.   SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends subdivision (a) of § 1115 of the Tax Law by adding new paragraph 44 to establish two one-week periods each year to exempt computer hardware and software, as well as school supplies from Sales and Compensating Use Tax. Section 2 authorizes this act to take effect immediately and apply to taxable periods beginning on and after August 1, 2016.   JUSTIFICATION: It is clear that New York families are struggling under the increased burden of high taxes in the state. While parents are struggling to pay the bills every month, the Legislature has an obligation to ensure that parents and their children have access to the school supplies necessary in order for the future leaders of the state to be successful. That is why this bill would create-a tax-free week on computer hardware and software, and school supplies.   PRIOR LEGISLATIVE HISTORY: A.2074 of 2011/12 - held in Ways and Means A.2686 of 2009/10 - referred to Ways and Means A.4732 of 2007, Ways and Means A.1777 of 2005/06 Similar to A.9583 of 2004, Ways and Means   FISCAL IMPLICATIONS: Undetermined.   EFFECTIVE DATE: This act shall take effect immediately and shall apply to taxable peri- ods beginning on and after August 1, 2016.
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A08170 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
            S. 5897--A                                            A. 8170--A
 
                               2015-2016 Regular Sessions
 
                SENATE - ASSEMBLY
 
                                      June 10, 2015
                                       ___________
 
        IN SENATE -- Introduced by Sen. CROCI -- read twice and ordered printed,
          and  when  printed to be committed to the Committee on Rules -- recom-
          mitted to the Committee on Investigations and Government Operations in
          accordance with Senate Rule 6, sec. 8 --  committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee
 
        IN ASSEMBLY -- Introduced by M. of A. PALUMBO -- read once and  referred
          to  the Committee on Ways and Means -- recommitted to the Committee on
          Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
 
        AN ACT to amend the tax law, in relation to exempting computer  hardware
          and  software  and school supplies from sales and compensating use tax
          during two one-week periods each year
 
          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 44 to read as follows:
     3    (44) During the seven-day periods each year  commencing  on  the  last
     4  Monday  of  January,  and  ending  on  the  first Sunday in February and
     5  commencing on the Tuesday immediately  preceding  the  first  Monday  in
     6  September,  known  as Labor Day, and ending on Labor Day, computer hard-
     7  ware and software and tangible personal property for use or  consumption
     8  predominantly as school supplies.
     9    § 2. This act shall take effect immediately and shall apply to taxable
    10  periods beginning on and after August 1, 2016.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11523-02-5
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