Bill S5175a | Hochul Tax

No refunds for purchases made before June 1, 2024.

If you need the exact text of the bill or a list of which local counties have opted into the local exemption, let me know. hochul tax bill s5175a

Here is helpful, factual content regarding New York tax bill , introduced by State Senator Brad Hoylman-Sigal and signed into law by Governor Kathy Hochul as part of the FY 2025 budget. What is S5175A? (The "Pandemic Preparedness" Tax) Official Title: An act to amend the tax law, in relation to establishing a pandemic preparedness sales tax exemption. Sponsor: Senator Brad Hoylman-Sigal (co-sponsored by Governor Hochul as part of her legislative agenda). Status: Passed both houses and signed by Governor Hochul (Chapter 56 of the Laws of 2024, Part GG). The Core Change: What the Bill Does S5175A creates a permanent sales tax exemption for the purchase of pandemic preparedness supplies . This effectively repeals the temporary tax on these items that was reinstated after the public health emergency ended. No refunds for purchases made before June 1, 2024