New York A05794 amends the tax law to compute sales and compensating use tax on retail sales of motor fuel and diesel motor fuel at a rate of cents.

New York A05794 amends the tax law by adding a new paragraph to section 1111, which computes sales and compensating use taxes on retail sales of motor fuel and diesel motor fuel at a rate of cents per gallon. The bill also mandates that these taxes be prepaid on each gallon of fuel. The changes will take effect on the first day of a sales tax quarterly period, at least ninety days after the bill becomes law, and will apply according to the transitional provisions of sections 1106 and 1217 of the tax law.

New York A05794 amends the tax law to compute sales and compensating use tax on retail sales of motor fuel and diesel motor fuel at a rate of cents.

New York A05794 amends the tax law by adding a new paragraph to section 1111, which computes sales and compensating use taxes on retail sales of motor fuel and diesel motor fuel at a rate of cents per gallon. The bill also mandates that these taxes be prepaid on each gallon of fuel. The changes will take effect on the first day of a sales tax quarterly period, at least ninety days after the bill becomes law, and will apply according to the transitional provisions of sections 1106 and 1217 of the tax law.