Repeals certain use tax exemptions for race horses and prevents nonresident owners from avoiding use tax.

New York Assembly Bill A03063 repeals specific provisions related to use tax exemptions for certain race horses. It also prevents nonresident race horse owners from avoiding use tax in certain situations. The bill amends the tax law by repealing certain sections and modifying others to ensure that nonresidents who bring horses into the state for racing are subject to use tax unless they have been doing business outside the state for at least six months prior to bringing the horses into the state.

Repeals certain use tax exemptions for race horses and prevents nonresident owners from avoiding use tax.

New York Assembly Bill A03063 repeals specific provisions related to use tax exemptions for certain race horses. It also prevents nonresident race horse owners from avoiding use tax in certain situations. The bill amends the tax law by repealing certain sections and modifying others to ensure that nonresidents who bring horses into the state for racing are subject to use tax unless they have been doing business outside the state for at least six months prior to bringing the horses into the state.