Exempts seeds purchased for personal food consumption from sales and use taxes.

New York Assembly Bill A07294 amends the tax law to exempt seeds purchased for personal or family food consumption from sales and use taxes. This exemption applies to seeds that, when cultivated, produce food intended for the purchaser's own consumption. The bill does not apply to seeds resold by the purchaser. The amendment takes effect on January 1 following the date the bill becomes law.

Exempts seeds purchased for personal food consumption from sales and use taxes.

New York Assembly Bill A07294 amends the tax law to exempt seeds purchased for personal or family food consumption from sales and use taxes. This exemption applies to seeds that, when cultivated, produce food intended for the purchaser's own consumption. The bill does not apply to seeds resold by the purchaser. The amendment takes effect on January 1 following the date the bill becomes law.