Rpld §1115 sub (a) ¶29, §1118 subs 9 & 10, amd §1118, Tax L
Repeals certain provisions relating to use tax exemptions for certain race horses; prevents nonresident race horse owners from avoiding use tax in certain situations.
STATE OF NEW YORK
________________________________________________________________________
3063
2025-2026 Regular Sessions
IN ASSEMBLY
January 23, 2025
___________
Introduced by M. of A. ROSENTHAL, SIMON, KIM, MAMDANI, SEAWRIGHT, GLICK,
FORREST, GALLAGHER, GONZALEZ-ROJAS, KELLES, REYES, BORES, SHRESTHA,
SIMONE, COLTON, DAVILA, BICHOTTE HERMELYN, EPSTEIN -- read once and
referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to use tax exemptions for
certain race horses; and to repeal certain provisions of such law
relating thereto
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph 29 of subdivision (a) of section 1115 of the tax
2 law is REPEALED.
3 § 2. Subdivisions 9 and 10 of section 1118 of the tax law are
4 REPEALED.
5 § 3. Paragraph (b) of subdivision 2 of section 1118 of the tax law, as
6 added by section 2 of part CC of chapter 59 of the laws of 2017, is
7 amended to read as follows:
8 (b) Notwithstanding any provision of this article to the contrary, the
9 exclusion in paragraph (a) of this subdivision shall not apply to the
10 use within the state of property or a service purchased outside this
11 state by a nonresident that is not an individual, unless such nonresi-
12 dent has been doing business outside the state for at least six months
13 prior to the date such nonresident brought such property or service into
14 this state. For purposes of this paragraph, the exclusion in paragraph
15 (a) of this subdivision shall not apply to any nonresident that is not
16 an individual when the property purchased by such nonresident is a horse
17 or horses brought into the state for racing, regardless of whether such
18 nonresident has been doing business outside the state for at least six
19 months prior to the date such horse or horses were brought into the
20 state for racing.
21 § 4. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00596-01-5
