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S 7073 New York Senate · 2025 Regular Session

Provides an exemption for the sale of the first $35,000 of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes

Summary
Provides an exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes; authorizes local governments to elect such incentives; repeals the hybrid exemption after ten years.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for first $35k of EV sales, offering direct tax relief to buyers and promoting affordable clean energy adoption.95% confidence ✓ EnergySupports EnergyTax exemption for EVs lowers purchase cost, directly promoting renewable energy vehicle adoption and reducing fossil fuel dependence.95% confidence ✓ EnvironmentSupports EnvironmentExempts EVs from sales tax to lower costs, encouraging adoption and reducing emissions from transportation.90% confidence ✓ TransportationSupports TransportationBill provides tax exemption for EVs to promote sustainable transportation adoption by reducing purchase costs, aligning with sustainable transportation indicators.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 1, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO BUDGET AND REVENUE
upper
Apr 1, 2025
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Pat Fahy
Pat Fahy
DDemocratic
NY
46