Exempts certain motor vehicles, parts, and services, and railroad rolling stock, parts, and services from sales and use taxes.

New York Assembly Bill A04823 amends the tax law to exempt certain motor vehicles, parts, and services, and railroad rolling stock, parts, and services from sales and use taxes. The exemptions apply to motor vehicles, their parts, and maintenance services, as well as railroad rolling stock, parts, structural components, and maintenance services. The bill specifies that the exemptions will take effect on January 1, 2026, and excludes certain services from the exemptions.

Exempts certain motor vehicles, parts, and services, and railroad rolling stock, parts, and services from sales and use taxes.

New York Assembly Bill A04823 amends the tax law to exempt certain motor vehicles, parts, and services, and railroad rolling stock, parts, and services from sales and use taxes. The exemptions apply to motor vehicles, their parts, and maintenance services, as well as railroad rolling stock, parts, structural components, and maintenance services. The bill specifies that the exemptions will take effect on January 1, 2026, and excludes certain services from the exemptions.