S02488 Summary:

BILL NOS02488
 
SAME ASNo same as
 
SPONSORYOUNG
 
COSPNSR
 
MLTSPNSR
 
Amd S1115, Tax L
 
Provides sales tax exemption for wood pellet fuel sold for residential heating purposes in a wood pellet stove.
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S02488 Actions:

BILL NOS02488
 
02/20/2009REFERRED TO ENERGY AND TELECOMMUNICATIONS
01/06/2010REFERRED TO ENERGY AND TELECOMMUNICATIONS
04/13/2010REPORTED AND COMMITTED TO FINANCE
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S02488 Floor Votes:

There are no votes for this bill in this legislative session.
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S02488 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2488
 
                               2009-2010 Regular Sessions
 
                    IN SENATE
 
                                    February 20, 2009
                                       ___________
 
        Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
          printed to be committed to the Committee on  Energy  and  Telecommuni-
          cations
 
        AN  ACT  to amend the tax law, in relation to exempting pellet fuel from
          sales and compensating use taxes
 
          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 44 to read as follows:
     3    (44) Wood pellet  fuel  sold  to  a  person  for  residential  heating
     4  purposes in a pellet fuel appliance.
     5    §  2. This act shall take effect on the first day of a sales tax quar-
     6  terly period, as described in subdivision (b) of section 1136 of the tax
     7  law, next commencing at least 60 days after this act shall have become a
     8  law.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06975-01-9
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