Bill Text: NY S05922 | 2023-2024 | General Assembly | Introduced


Bill Title: Relates to exempting cranes from the petroleum business tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-01-03 - REFERRED TO BUDGET AND REVENUE [S05922 Detail]

Download: New_York-2023-S05922-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          5922

                               2023-2024 Regular Sessions

                    IN SENATE

                                     March 22, 2023
                                       ___________

        Introduced  by Sen. BORRELLO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Budget and Revenue

        AN ACT to amend the tax law, in relation to exemptions to the  petroleum
          business tax

          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 301-b of the tax law is  amended
     2  by adding a new paragraph 9 to read as follows:
     3    (9) Diesel and motor fuel used in the operation of cranes for off-road
     4  use. For purposes of this paragraph, "cranes" include but are not limit-
     5  ed  to mobile cranes, hydraulic cranes, crawler cranes, floating cranes,
     6  telescopic cranes, gantry cranes, or tower cranes.
     7    § 2. This act shall take effect on the ninetieth day  after  it  shall
     8  have become a law.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04348-01-3
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