NY A06895 | 2015-2016 | General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on April 10 2015 - 25% progression, died in committee
Action: 2016-02-23 - print number 6895a
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Relates to the state sales and compensating use tax on the retail sales of motor fuel and diesel motor fuel; establishes that the sales tax and compensating use tax on the retail sale of motor fuel shall be eight cents or four percent, whichever is less; requires the commissioner of taxation and finance to quarterly establish the lowest price for motor fuel and diesel motor fuel based on the lowest price being charged on any given day during the three consecutive months beginning four months prior to the start of any sales tax quarter by surveying a minimum of ten selected truck stops widely scattered throughout the state.

Tracking Information

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Title

Relates to the state sales and compensating use tax on the retail sales of motor fuel and diesel motor fuel; establishes that the sales tax and compensating use tax on the retail sale of motor fuel shall be eight cents or four percent, whichever is less; requires the commissioner of taxation and finance to quarterly establish the lowest price for motor fuel and diesel motor fuel based on the lowest price being charged on any given day during the three consecutive months beginning four months prior to the start of any sales tax quarter by surveying a minimum of ten selected truck stops widely scattered throughout the state.

Sponsors


History

DateChamberAction
2016-02-23Assemblyprint number 6895a
2016-02-23Assemblyamend and recommit to ways and means
2016-01-06Assemblyreferred to ways and means
2015-04-10Assemblyreferred to ways and means

Same As/Similar To

S04723 (Same As) 2016-02-23 - PRINT NUMBER 4723A

New York State Sources


Bill Comments

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