Grants a sales and compensating use tax exemption for the sale of items designed to ensure the safe handling and storage of firearms including safe storage depositories, firearm safety locks and trigger locks.
STATE OF NEW YORK
________________________________________________________________________
3163
2023-2024 Regular Sessions
IN ASSEMBLY
February 2, 2023
___________
Introduced by M. of A. SANTABARBARA -- 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 the sale of items designed to ensure the
safe handling and storage of firearms
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 47 to read as follows:
3 (47) Sales of any safe storage depository as defined in subdivision
4 three of section 265.45 of the penal law, firearm safety locks, trigger
5 locks or other items designed to ensure the safe handling and storage of
6 firearms.
7 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01591-01-3
