New York 2023-2024 Regular Session

New York Assembly Bill A10024 Latest Draft

Bill / Introduced Version Filed 05/01/2024

   
  STATE OF NEW YORK ________________________________________________________________________ 10024  IN ASSEMBLY May 1, 2024 ___________ Introduced by M. of A. CUNNINGHAM -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to increasing the tax exemption amount on clothing and apparel items from one hundred ten dollars to two hundred dollars The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 30 of subdivision (a) of section 1115 of the tax 2 law, as amended by section 84 of part A of chapter 56 of the laws of 3 1998, is amended to read as follows: 4 (30) Clothing and footwear for which the receipt or consideration 5 given or contracted to be given is less than [one] two hundred [ten] 6 dollars per article of clothing, per pair of shoes or other articles of 7 footwear or per item used or consumed to make or repair such clothing 8 and which becomes a physical component part of such clothing. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03041-01-3