Bill Text: NY S04144 | 2023-2024 | General Assembly | Amended
Bill Title: Increases the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation.
Spectrum: Partisan Bill (Democrat 12-0)
Status: (Introduced) 2024-01-03 - REFERRED TO BUDGET AND REVENUE [S04144 Detail]
Download: New_York-2023-S04144-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 4144--A 2023-2024 Regular Sessions IN SENATE February 3, 2023 ___________ Introduced by Sens. MANNION, BROUK, CLEARE, COMRIE, COONEY, FELDER, KENNEDY, MAY, RYAN, SEPULVEDA, SKOUFIS -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to increasing the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (B) of paragraph 1 of subdivision (a) of 2 section 1115 of the tax law, as amended by section 1 of part GG of chap- 3 ter 59 of the laws of 2022, is amended to read as follows: 4 (B) Until May thirty first, two thousand [twenty-three] twenty-four, 5 the food and drink excluded from the exemption provided by clauses (i), 6 (ii) and (iii) of subparagraph (A) of this paragraph, and bottled water, 7 shall be exempt under this subparagraph when sold for [one dollar and8fifty cents] three dollars or less through any vending machine that 9 accepts coin or currency only or when sold for [two] three dollars and 10 fifty cents or less through any vending machine that accepts any form of 11 payment other than coin or currency, whether or not it also accepts coin 12 or currency. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05734-02-3