Bill
S 3874
Repeals subdivision (jj) of section 1115 of the tax law and subdivision 13 of section 1118 of the tax law relating to sales and compensating use taxes imposed with respect to vessels
2025 Regular Session
Introduced by Pat Fahy and 2 co-sponsors
Bill S 3874 eliminates sales and use taxes on vessels in New York, easing costs for owners and boosting maritime commerce while potentially reducing state revenue.
REPORTED AND COMMITTED TO FINANCE