A04802 Summary:
| BILL NO | A04802 |
| SAME AS | No Same As |
| SPONSOR | Pretlow |
| COSPNSR | |
| MLTSPNSR | |
| Add 1105-C, Tax L | |
| Reduces sales tax on vehicles manufactured in the United States by one percent; provides that the commissioner of taxation and finance shall obtain a listing of such vehicles from the commissioner of motor vehicles yearly. | |
A04802 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 4802 2023-2024 Regular Sessions IN ASSEMBLY February 23, 2023 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to reduced sales tax on vehi- cles manufactured in the United States The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The tax law is amended by adding a new section 1105-C to 2 read as follows: 3 § 1105-C. Reduced sales tax on certain motor vehicles. (a) The tax 4 imposed by subdivision (a) of section eleven hundred five of this part 5 shall be reduced by one percent when being imposed upon motor vehicles 6 manufactured in the United States of America. 7 (b) For purposes of this section, the term motor vehicle shall mean a 8 vehicle as defined in section one hundred twenty-five of the vehicle and 9 traffic law. 10 (c) The commissioner shall obtain yearly from the commissioner of 11 motor vehicles a list of vehicles manufactured in the United States of 12 America. 13 § 2. This act shall take effect on the one hundred eightieth day after 14 it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09475-01-3