Grants a sales and compensating use tax exemption for books, magazines, pamphlets and other school or library book fair items sold at a school book fair sponsored by a parent-teacher organization, booster club or similar school-based association which supports school activities or sold at a book fair sponsored by library friends or foundations.
STATE OF NEW YORK
________________________________________________________________________
256
2019-2020 Regular Sessions
IN ASSEMBLY(Prefiled)
January 9, 2019
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Introduced by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. ABBATE,
BENEDETTO, CUSICK, CYMBROWITZ, GUNTHER, LUPARDO, PEOPLES-STOKES,
RIVERA, L. ROSENTHAL, TITUS -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the tax law, in relation to granting a sales and compen-
sating use tax exemption for goods sold at school book fairs
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 45 to read as follows:
3 (45) Books, magazines, pamphlets and other school or library book fair
4 related items including, but not limited to, science project kits and
5 posters, sold in a primary or secondary school facility at a school book
6 fair sponsored by a parent-teacher association or organization, booster
7 club, or similar school-based association which supports school activ-
8 ities or sold at a book fair sponsored by library friends or foundation.
9 § 2. This act shall take effect on the first of January next succeed-
10 ing the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00074-01-9
