Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 13, 2010 |
reported and committed to finance |
Jan 06, 2010 |
referred to energy and telecommunications |
Feb 20, 2009 |
referred to energy and telecommunications |
Senate Bill S2488
2009-2010 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Finance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2009-S2488 (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง1115, Tax L
2009-S2488 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2488 TITLE OF BILL : An act to amend the tax law, in relation to exempting pellet fuel from sales and compensating use taxes PURPOSE : This bill provides that wood pellet fuel sold for residential heating purposes would be exempt from sales and compensating use taxes. SUMMARY OF PROVISIONS : Amends subdivision (a) of section 1115 of the tax law to add a new paragraph 42 to include wood pellet fuel sold for residential heating purposes in a pellet fuel appliance. JUSTIFICATION : Home heating fuels such as natural gas, fuel oil, and propane are currently exempt from the state sales tax. Wood pellet fuel, which is growing in popularity as an alternative fuel for home heating, should therefore also be exempt from the state sales tax. Since energy costs are at record highs, it is important to encourage use of alternative heating sources. Exempting wood pellet fuel from sales and compensating use tax, as provided by this bill, shall serve as incentive to heat homes with wood pellet appliances. LEGISLATIVE HISTORY :
2009-S2488 (ACTIVE) - Bill Text download pdf
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: Section 1. Subdivision (a) of section 1115 of the tax law is amended by adding a new paragraph 44 to read as follows: (44) WOOD PELLET FUEL SOLD TO A PERSON FOR RESIDENTIAL HEATING PURPOSES IN A PELLET FUEL APPLIANCE. S 2. This act shall take effect on the first day of a sales tax quar- terly period, as described in subdivision (b) of section 1136 of the tax law, next commencing at least 60 days after this act shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06975-01-9
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