Provides that the tax imposed upon the sales on goods or services purchased from businesses which employ twenty or less persons, are resident in this state, are independently owned and operated and not dominant in their field shall be two percent.
STATE OF NEW YORK
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283
2023-2024 Regular Sessions
IN SENATE(Prefiled)
January 4, 2023
___________
Introduced by Sen. GOUNARDES -- 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 the imposition of sales
taxes on goods or services purchased from certain businesses
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The opening paragraph of section 1105 of the tax law, as
2 amended by chapter 72 of the laws of 1971, is amended to read as
3 follows:
4 On and after June first, nineteen hundred seventy-one, there is hereby
5 imposed and there shall be paid a tax of four percent; provided, howev-
6 er, that when the goods or services are purchased from a business which
7 employs twenty or less persons, is resident in this state, is independ-
8 ently owned and operated and is not dominant in its field, the amount of
9 tax paid on such sale shall be two percent, upon:
10 § 2. This act shall take effect on the first day of the sales tax
11 quarterly period, as described in subdivision (b) of section 1136 of the
12 tax law, next commencing at least 90 days after this act shall have
13 become a law and shall apply in accordance with the applicable transi-
14 tional provisions of sections 1106 and 1217 of the tax law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02221-01-3
