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
________________________________________________________________________
4821--A
2015-2016 Regular Sessions
IN SENATE
April 20, 2015
___________
Introduced by Sens. LAVALLE, CROCI, DeFRANCISCO, FUNKE, GALLIVAN, GRIF-
FO, LARKIN, MARCHIONE, RANZENHOFER, RITCHIE, SEWARD -- read twice and
ordered printed, and when printed to be committed to the Committee on
Investigations and Government Operations -- committee discharged, bill
amended, ordered reprinted as amended and recommitted to said commit-
tee
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 44 to read as follows:
3 (44) 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.
LBD00318-02-5
