New York bill A04647 proposes to exempt school buses and related items from sales and use tax.
New York bill A04647 amends the tax law to exempt school buses and their parts, equipment, lubricants, and fuel from sales and use tax. This change aims to reduce the financial burden on school districts and ensure the efficient operation of school transportation services. The bill is set to take effect on the first day of a quarterly sales tax period following April 1, 2026.
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