Exempts purchases made by civic associations from sales and compensating use tax in New York.

New York Assembly Bill A02732 amends the tax law to exempt purchases made by civic associations from sales and compensating use tax. A civic association is defined as a voluntary group of community members who work together to address common concerns, improve their neighborhood, and enhance the quality of life for residents. This exemption applies to purchases used or intended to be used in the course of business for such associations. The bill takes effect on the first day of the sales tax quarterly period, at least 90 days after it becomes law.

Exempts purchases made by civic associations from sales and compensating use tax in New York.

New York Assembly Bill A02732 amends the tax law to exempt purchases made by civic associations from sales and compensating use tax. A civic association is defined as a voluntary group of community members who work together to address common concerns, improve their neighborhood, and enhance the quality of life for residents. This exemption applies to purchases used or intended to be used in the course of business for such associations. The bill takes effect on the first day of the sales tax quarterly period, at least 90 days after it becomes law.