New York bill A07023 proposes a sales and use tax exemption for infant and child care items, allowing New York City to opt out.

New York Assembly Bill A07023 amends the tax law to exempt sales and use taxes on items necessary for the care and safety of infants and small children, including strollers, car seats, infant and toddler mattresses, and cribs. The bill also allows cities with a population of one million or more, like New York City, to opt out of this exemption for local taxes by passing a resolution. This resolution must be enacted in a specific form and take effect on a specified date, with certain notice requirements.

New York bill A07023 proposes a sales and use tax exemption for infant and child care items, allowing New York City to opt out.

New York Assembly Bill A07023 amends the tax law to exempt sales and use taxes on items necessary for the care and safety of infants and small children, including strollers, car seats, infant and toddler mattresses, and cribs. The bill also allows cities with a population of one million or more, like New York City, to opt out of this exemption for local taxes by passing a resolution. This resolution must be enacted in a specific form and take effect on a specified date, with certain notice requirements.