New York 2025-2026 Regular Session

New York Assembly Bill A06115 Latest Draft

Bill / Introduced Version Filed 02/26/2025

   
  STATE OF NEW YORK ________________________________________________________________________ 6115 2025-2026 Regular Sessions  IN ASSEMBLY February 26, 2025 ___________ Introduced by M. of A. BENEDETTO -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to exempting from sales and use tax zero-emission school buses The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1115 of the tax law is amended by adding a new 2 subdivision (mm) to read as follows: 3 (mm) All zero-emissions school buses, as such term is defined in 4 section thirty-six hundred thirty-eight of the education law, and any 5 and all parts and pieces of equipment used in their operation. 6 § 2. This act shall take effect on the first day of a quarterly sales 7 tax period, as set forth in subdivision (b) of section 1136 of the tax 8 law, next succeeding the thirtieth day after it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09072-01-5