S04712 Summary:
| BILL NO | S04712 |
| SAME AS | No Same As |
| SPONSOR | FAHY |
| COSPNSR | |
| MLTSPNSR | |
| Amd §1105, Tax L | |
| Exempts athletic club membership dues from a sales tax where such dues are spent on the improvement, maintenance or operation of the athletic club's activities occurring solely on the premises of a municipal parkland. | |
S04712 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 4712 2025-2026 Regular Sessions IN SENATE February 12, 2025 ___________ Introduced by Sen. FAHY -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to exempting athletic club membership dues from a sales tax where such clubs utilize a municipal parkland The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (ii) of paragraph 2 of subdivision (f) of 2 section 1105 of the tax law is amended by adding a new clause (D) to 3 read as follows: 4 (D) An athletic club located on municipal parkland for which member- 5 ship dues are spent substantially on such improvement, maintenance and 6 operation of the athletic activities occurring solely on the premises of 7 a municipal parkland. For purposes of this clause, "spent substantially" 8 shall mean greater than ninety-five percent of the dues received in any 9 one year. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09367-01-5