New York S 3874: Repeals subdivision (jj) of section 1115 of the tax law and subdivision 13 of section 1118 of the tax law relating to sales and compensating use taxes imposed with respect to vessels

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S03874 Summary:

BILL NOS03874 

&nbsp

SAME ASSAME AS A03057

&nbsp

SPONSORHOYLMAN-SIGAL

&nbsp

COSPNSRFAHY, RAMOS

&nbsp

MLTSPNSR

&nbsp

Rpld §1115 sub (jj), §1118 sub 13, Tax L

&nbsp

Relates to sales and compensating use taxes imposed with respect to vessels.

Go to top S03874 Actions:

BILL NOS03874 

&nbsp

01/30/2025REFERRED TO BUDGET AND REVENUE

05/28/2025REPORTED AND COMMITTED TO FINANCE

Go to topS03874 Committee&nbspVotes:

Go to topS03874 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS03874 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3874

 2025-2026 Regular Sessions

 IN SENATE

 January 30, 2025
 ___________

 Introduced by Sens. HOYLMAN-SIGAL, RAMOS -- read twice and ordered
 printed, and when printed to be committed to the Committee on Budget
 and Revenue

 AN ACT to repeal subdivision (jj) of section 1115 of the tax law relat-
 ing to sales and compensating use taxes imposed with respect to
 vessels; and to repeal subdivision 13 of section 1118 of the tax law
 relating to sales and compensating use taxes imposed with respect to
 vessels

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision (jj) of section 1115 of the tax law, as added
 2 by section 1 of part SS of chapter 59 of the laws of 2015, is REPEALED.
 3 § 2. Subdivision 13 of section 1118 of the tax law, as added by
 4 section 2 of part SS of chapter 59 of the laws of 2015, is REPEALED.
 5 § 3. This act shall take effect June 1, 2025.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03124-01-5

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