New York A01683 seeks to restrict sales tax exemptions on fur-bearing articles of clothing or footwear.

New York A01683 amends the tax law to restrict sales tax exemptions on fur-bearing articles of clothing or footwear. The bill specifies that exemptions will no longer apply to fur-bearing clothing or footwear, while still exempting costumes and rented formal wear. It also excludes items made from pearls, precious or semi-precious stones, jewels, metals, or imitations thereof. The changes will take effect on the first day of a quarterly sales tax period.

New York A01683 seeks to restrict sales tax exemptions on fur-bearing articles of clothing or footwear.

New York A01683 amends the tax law to restrict sales tax exemptions on fur-bearing articles of clothing or footwear. The bill specifies that exemptions will no longer apply to fur-bearing clothing or footwear, while still exempting costumes and rented formal wear. It also excludes items made from pearls, precious or semi-precious stones, jewels, metals, or imitations thereof. The changes will take effect on the first day of a quarterly sales tax period.