Exempts residential fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors from state sales and use taxes.

New York Assembly Bill A01986 amends the tax law to exempt the sale of fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors for residential use from state sales and compensating use taxes. This change aims to make these essential safety devices more affordable for homeowners. The bill will take effect on the first day of the sales tax quarterly period, at least 90 days after it becomes law.

Exempts residential fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors from state sales and use taxes.

New York Assembly Bill A01986 amends the tax law to exempt the sale of fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors for residential use from state sales and compensating use taxes. This change aims to make these essential safety devices more affordable for homeowners. The bill will take effect on the first day of the sales tax quarterly period, at least 90 days after it becomes law.