Bill Text: NY A02443 | 2019-2020 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Allows a tax exemption for taxpayers in the amount of the purchase price of a fire extinguisher, fire alarm, heat alarm or carbon monoxide alarm purchased for residential use during the month of October.
Spectrum: Strong Partisan Bill (Democrat 39-3)
Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A02443 Detail]
Download: New_York-2019-A02443-Introduced.html
Bill Title: Allows a tax exemption for taxpayers in the amount of the purchase price of a fire extinguisher, fire alarm, heat alarm or carbon monoxide alarm purchased for residential use during the month of October.
Spectrum: Strong Partisan Bill (Democrat 39-3)
Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A02443 Detail]
Download: New_York-2019-A02443-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2443 2019-2020 Regular Sessions IN ASSEMBLY January 22, 2019 ___________ Introduced by M. of A. WALLACE -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to allowing a tax exemption with respect to fire extinguishers and fire, heat and carbon monoxide alarms purchased for residential use The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The tax law is amended by adding a new section 1124 to read 2 as follows: 3 § 1124. Exemption from tax on the charge of a residential use fire 4 extinguisher, fire alarm, heat alarm or carbon monoxide alarm. A taxpay- 5 er shall be allowed an exemption each year for the purchase during the 6 month of October of any fire extinguisher, fire alarm, heat alarm and/or 7 carbon monoxide alarm for residential use. The amount of the exemption 8 shall be equal to the price paid for each item and shall be exempt from 9 the tax imposed by paragraph eight of subdivision (c) of section eleven 10 hundred five of this article. 11 § 2. This act shall take effect on the thirtieth day after it shall 12 have become a law and shall apply to eligible fire extinguishers, fire 13 alarms, heat alarms and carbon monoxide alarms purchased on or after 14 such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00404-01-9