Expands sales tax to include the total sale price of race horses sold through claiming races in New York.

The bill amends the tax law to expand the imposition of sales tax on the sale of race horses made through claiming races to include the total sale price on each sale. Officials of all race tracks in the state must maintain and make available accurate and detailed lists of such sales upon request. This change takes effect on the first day of the sales tax quarterly period, beginning at least 90 days after the act becomes law.

Expands sales tax to include the total sale price of race horses sold through claiming races in New York.

The bill amends the tax law to expand the imposition of sales tax on the sale of race horses made through claiming races to include the total sale price on each sale. Officials of all race tracks in the state must maintain and make available accurate and detailed lists of such sales upon request. This change takes effect on the first day of the sales tax quarterly period, beginning at least 90 days after the act becomes law.