New York bill S05453 raises the price limit for tax-exempt food and drink from vending machines.

Bill S05453 amends the tax law to increase the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation. Specifically, it raises the exemption limit from one dollar and fifty cents to three dollars for items sold in coin-only machines and from two dollars to three dollars and fifty cents for items sold in machines accepting other forms of payment. This change applies until May 31, 2026. The bill takes effect immediately upon enactment.

New York bill S05453 raises the price limit for tax-exempt food and drink from vending machines.

Bill S05453 amends the tax law to increase the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation. Specifically, it raises the exemption limit from one dollar and fifty cents to three dollars for items sold in coin-only machines and from two dollars to three dollars and fifty cents for items sold in machines accepting other forms of payment. This change applies until May 31, 2026. The bill takes effect immediately upon enactment.