Bill Text: NY S02488 | 2009-2010 | General Assembly | Introduced
Bill Title: Provides sales tax exemption for wood pellet fuel sold for residential heating purposes in a wood pellet stove.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-04-13 - REPORTED AND COMMITTED TO FINANCE [S02488 Detail]
Download: New_York-2009-S02488-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2488 2009-2010 Regular Sessions I N S E N A T E February 20, 2009 ___________ Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the tax law, in relation to exempting pellet fuel from sales and compensating use taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision (a) of section 1115 of the tax law is amended 2 by adding a new paragraph 44 to read as follows: 3 (44) WOOD PELLET FUEL SOLD TO A PERSON FOR RESIDENTIAL HEATING 4 PURPOSES IN A PELLET FUEL APPLIANCE. 5 S 2. This act shall take effect on the first day of a sales tax quar- 6 terly period, as described in subdivision (b) of section 1136 of the tax 7 law, next commencing at least 60 days after this act shall have become a 8 law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06975-01-9