NYC-WTC_000195490

NYC 9/11 Public Portal Document

LEGISLATIVE HISTORY

March 1.1998 through Febniary 28,2003). for use directly and predominantly in the production 1998 The State and City exempt clothing items under phase of farming (effective date: March 1, 2001). $500, including footwear, during the week of The base for computing the use tax on self-produced ■

January 17-24, 1999, reducing the State and the items which a manufacturer used iri its business City’s MAC tax bases. Textbooks purchased by operations is modified from a use tax on the / full- or part-time college students for their courses at manufacturer’s normal selling price to a use tax accredited institutions are exempt from the State and based on the manufacturer’s ctjst of materials the City’s MAC; tax base (effective date; June 1, (effective date; March 1, 2001). The sales tax 1998). Computer system hardware used or special recqrdkeeping and on-site inspection il cohsumed directly and;predominately in designing requirement's for Manhattan parking garages is JS; apd developing computer software for sale is extended until November 30, 2004. These special exempt from the State and the City’s MAC tax base requirements were originally enacted in 1992 to (effective date; JuneT, 1998). Coin phone calls improve Sales tax compliance. (iosting 25 cents or less are exempt from the State 2000 Purchases of gas and electricity from out-of-state II - and the City’s MAC tax base (effective date; suppliers are subject / to State and local September 1, 1998). The exemption for telephone contperisating use taxes (effective date; June l, central office equipment or station apparatus is 2000). An exemption for purchases of the service qf expanded to include equipment used directly and transporting, transmittihg or distributing gas or predominantly in receiving, amplifying, processing, electricity, when such s,ervices are bought from a transmitting telephone or telegraph signals / company other than (he vendor of the gas or (effective date; September 1, 1998), Parking electricity, is phased in; over four years, beginning changes paid to homeowners’ associations September 1, 200O, with such services fully exempt (including co-ops and condominiums) by its beginning September 1, 2003. Purchases of gas or members for parking in a facility owned or operated electricity used in operating a gas pipeline or gas by the association are exempt from the 6 percent distribution line or an electric transmission or City sales tax and the 8 percent Manhattan parking distribution line are exempt (effective date: June 1, tax ^effective date; September 14, 1998). Since 2000). Fuel, gas, electricity, refrigeration or steam 1997 the exemption includes facilities owned by use(l in the production of tangible personal property such an association, but operated by a third party. for sale, previously claimed as a credit against 1999 The State and City exempt clothing and footwear general corporation tax and unincorporated business purchases under $500 from September 1-7, 1999 tax, are exempted from City tax, reducing the City’s N and from January 15-21, 2000. The permanent MAC tax base and bringing City tax law into exemption of clothing and footwear purchases under conformity with the State (effective date: November $110, scheduled to become effective Deceijiber 1, li 2000), New exemptions include; machinery, 1999, is postponed until March 1, 2000. The equipment, and certain other specified tangible ' exemption for hot drinks and certain food items sold; personal property used by an operator of an Internet from vending machines isiextended to include (Jata center that sells Internet web site services, as machines which accept credit or debit cards well as, services to the exempt property, and certain (effective date: December 1, 1999). New other services used in the Internet data center, are exemptions include; computer system hardware exempt (effective date: September 1, 2000); tangible i used in designing and developing internet websites personal property used in providing : (effective date: March 1, 2001); machinery or telecommunications services for sale or Internet 'equipment used or consumed directly and access services for sale; machinery, equipment, I i predominantly to upgrade cable television/systems parts, tools, supplies and certain related services to allow for the receiving, amplifying, processing, used in upgrading cable television systems to enable transmitting, re-tfansihltting, switching or them to offer digital cable TV service for sale or monitoring of telecommunication services for sale Internet access service for sale (effective date: and, communications equipment used in the September 1, 2000; cable TV exemption expires: transmission of internet access scrvices (effectivo September 1, 2003); machinery, equipment, or other date: March 1, 2001); and tangible personal property tangible personal property used by a broadcaster in sold to a coritractdr, subcontractor or repair person the production of live or recorded programs for

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