S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4004
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2021
                                ___________
 
 Introduced  by  M.  of  A.  RODRIGUEZ  --  read once and referred to the
   Committee on Ways and Means
 
 AN ACT to amend the tax law,  in  relation  to  providing  a  sales  and
   compensating use tax exemption in certain areas of New York city
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision (b) of section 1101 of the tax law  is  amended
 by adding a new paragraph 39 to read as follows:
   (39)  GOODS  AND  SERVICES SHALL MEAN ANY GOOD OR SERVICE THE VALUE OF
 WHICH IS LESS THAN ONE HUNDRED TEN DOLLARS IN VALUE IN THE AGGREGATE.
   § 2. Subdivision (a) of section 1115 of the  tax  law  is  amended  by
 adding a new paragraph 46 to read as follows:
   (46)(I)  GOODS  AND  SERVICES,  AS DEFINED IN PARAGRAPH THIRTY-NINE OF
 SUBDIVISION (B) OF SECTION ELEVEN HUNDRED ONE OF THIS ARTICLE, SOLD IN A
 BUSINESS ZONE AREA. SUCH EXEMPTION SHALL CONTINUE FOR SIX MONTHS FOR ANY
 GIVEN BUSINESS ZONE AREA COMMENCING ON THE FIRST  DAY  OF  A  PERIOD  OF
 AUTHORIZED CONSTRUCTION.
   (II)  FOR  PURPOSES  OF  THIS PARAGRAPH, BUSINESS ZONE AREA SHALL MEAN
 THOSE BUSINESSES IN THE CITY OF NEW YORK  THAT  ARE  NO  MORE  THAN  ONE
 HUNDRED FEET FROM ANY CONSTRUCTION IN THE FOLLOWING AREAS:
   (A) 125TH STREET FROM 5TH AVENUE TO 3RD AVENUE;
   (B) 2ND AVENUE FROM 129TH STREET TO 92ND STREET;
   (C) 2ND AVENUE FROM 87TH STREET TO 83RD STREET;
   (D) 2ND AVENUE FROM 73RD STREET TO 69TH STREET;
   (E) 2ND AVENUE FROM 65TH STREET TO 58TH STREET;
   (F) 2ND AVENUE FROM 45TH STREET TO 41ST STREET;
   (G) 2ND AVENUE FROM 36TH STREET TO 32ND STREET;
   (H) 2ND AVENUE FROM 26TH STREET TO 23RD STREET;
   (I) 2ND AVENUE FROM 15TH STREET TO 11TH STREET;
   (J) 2ND AVENUE FROM 6TH STREET TO 4TH STREET;
   (K) 2ND AVENUE FROM 4TH STREET TO HOUSTON STREET;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD03031-01-1

 A. 4004                             2
 
   (L) CHRYSTIE STREET FROM HOUSTON STREET TO CANAL STREET;
   (M) BOWERY FROM PELL STREET TO WORTH STREET;
   (N) WORTH STREET FROM MOTT STREET TO ST. JAMES PLACE;
   (O) WATER STREET FROM DOVER STREET TO JOHN STREET;
   (P) WATER STREET FROM WALL STREET TO COENTIES SLIP; OR
   (Q) THE INTERSECTION OF WATER STREET AND WHITEHALL STREET.
   (III)  FOR  THE  PURPOSES  OF  THIS  PARAGRAPH, THE COMMISSIONER SHALL
 DETERMINE THE PERIOD OF AUTHORIZED CONSTRUCTION FOR EACH  BUSINESS  ZONE
 AREA SPECIFIED IN SUBPARAGRAPH (II) OF THIS PARAGRAPH.
   § 3. This act shall take effect immediately.