Bill Text: NY A07204 | 2019-2020 | General Assembly | Amended


Bill Title: Provides that the tax imposed upon the sales on goods or services purchased from businesses which employ twenty or less persons, are resident in this state, are independently owned and operated and not dominant in their field, shall be two percent.

Spectrum: Slight Partisan Bill (Democrat 18-8)

Status: (Introduced) 2019-05-09 - print number 7204a [A07204 Detail]

Download: New_York-2019-A07204-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         7204--A

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                     April 12, 2019
                                       ___________

        Introduced by M. of A. SIMON, WOERNER, ORTIZ, COLTON, BUTTENSCHON, CRUZ,
          THIELE,  BLAKE, M. G. MILLER, HYNDMAN, FERNANDEZ, STERN, CRESPO, DICK-
          ENS -- Multi-Sponsored by -- M. of A. ABBATE, COOK --  read  once  and
          referred  to  the Committee on Ways and Means -- committee discharged,
          bill amended, ordered reprinted as amended  and  recommitted  to  said
          committee

        AN  ACT  to  amend  the  tax law, in relation to the imposition of sales
          taxes on goods or services purchased from certain businesses

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

     1    Section  1.  The  opening paragraph of section 1105 of the tax law, as
     2  amended by chapter 72 of the  laws  of  1971,  is  amended  to  read  as
     3  follows:
     4    On and after June first, nineteen hundred seventy-one, there is hereby
     5  imposed  and there shall be paid a tax of four percent; provided, howev-
     6  er, that when the goods or services are purchased from a business  which
     7  employs  twenty or less persons, is resident in this state, is independ-
     8  ently owned and operated and is not dominant in its field, the amount of
     9  tax paid on such sale shall be two percent, upon:
    10    § 2. This act shall take effect on the first  day  of  the  sales  tax
    11  quarterly period, as described in subdivision (b) of section 1136 of the
    12  tax  law,  next  commencing  at  least 90 days after this act shall have
    13  become a law and shall apply in accordance with the  applicable  transi-
    14  tional provisions of sections 1106 and 1217 of the tax law.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09206-05-9
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