New York S02199 amends the tax law to exempt tangible personal property and services sold by cemeteries.
New York S02199 amends the tax law to provide an exemption for tangible personal property and services sold by cemeteries. The bill aims to prevent cemeteries from becoming a burden on local governments and communities by preserving cemetery funds. It specifies that the exemption applies to tangible personal property and services sold by cemeteries for exclusive use on the grounds and in the buildings of the cemetery corporation, including maintenance and preservation of lots, plots, and parts thereof. The changes in the tax law take effect immediately.
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- Legal Framework
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