This bill (S 3353) exempts sales and installation of geothermal heat pump systems from state sales tax for both residential and commercial properties. It directly affects homeowners and businesses installing ground-source heat pumps that use the ground or groundwater for heating, cooling, or hot water. The key provision removes tax on equipment sales and installation services, excluding recreational facilities or equipment used as storage media. This policy change applies to systems meeting specific technical definitions in the tax law, without altering local tax options for municipalities.
This bill increases the state excise tax on cigarettes from $5.35 to $6.24 per 20 cigarettes (or $1.33 per 5 cigarettes for larger packages). It applies to most cigarette sales within the state, including retail purchases by consumers, but maintains existing exemptions for sales to qualified Native Americans on tribal reservations, the U.S. government, and military organizations. Sellers must affix tax stamps to cigarettes, and tribes may choose between two systems for handling tax-exempt sales to tribal members. The tax change takes effect immediately upon enactment.
This bill removes sales and use taxes on telephone answering services in New York. It specifically eliminates these taxes by amending the tax code to exclude telephone answering services from taxable categories under both sales and use tax provisions. This change directly affects businesses that provide telephone answering services and their customers, reducing their tax burden on this specific service. The policy change is purely procedural, adjusting existing tax definitions without altering broader tax structures.
This bill would temporarily exempt basic school supplies from sales tax during a 15-day period each year - the 15 days preceding Labor Day (the first Monday in September). It applies to items like backpacks, textbooks, pens, notebooks, and calculators purchased for under $110 total per transaction. The exemption covers only purchases made during this specific annual window, directly benefiting families buying school essentials for the upcoming school year. The bill amends tax law to create this temporary relief period while maintaining existing tax definitions.
This bill establishes a new tax on businesses in New York State that experience unusually high profits. Specifically, it imposes a 25% tax on profits exceeding the company's average annual profits from 2018-2022, calculated quarterly on retail sales of goods, services, production, and manufacturing. The tax applies to "covered taxpayers," defined as businesses incorporated in New York subject to certain state business taxes. Additionally, the bill creates a rebate system where eligible New York residents receive tax credits based on revenue from this tax, with income limits ($80,000 individual/$115,000 head of household/$160,000 joint return).
Provides that certain persons shall not be deemed a distributor for certain sales of premium cigars; provides that the tax on premium cigars shall be at the rate of seventy-five percent of the wholesale price or fifty cents, whichever is less, and is intended to be imposed only once upon the sale of any premium cigars; defines "premium cigar".
S 3305 extends the homeowner tax rebate credit to apply for tax year 2025 and all subsequent years. It directly affects eligible homeowners who meet current eligibility criteria under the tax law. The bill amends a specific section of the tax code to update the credit's effective period, ensuring it remains available without requiring annual legislative action. This is a straightforward extension of an existing program, not a new policy change.
Exempts computer hardware and software equipment and school supplies from sales tax during the seven day period commencing on the Tuesday immediately preceding the first Monday in September, known as Labor Day, and ending on Labor Day.
This bill authorizes Jefferson County to impose an additional 1% sales tax on top of existing rates, effective from December 1, 2015, through November 30, 2027. It directly affects residents and businesses in Jefferson County by increasing the local sales tax burden. The bill amends tax law to extend this specific authorization until 2027, replacing a previous expiration date. This is a straightforward policy change to fund county services through a temporary tax increase.
Imposes an excise tax on the gross receipts of the sales of firearms, major components of firearms and ammunition; establishes the gun violence prevention and school safety fund.
