New York A10612 imposes a tax on art, antique furniture, and antique jewelry sold at auction, funding art education and supplies at Title I public.

New York A10612 introduces a special tax on the sale of art, antique furniture, and antique jewelry at auction. The tax rate is three-tenths of one percent or one dollar, whichever is greater. Revenues from this tax are directed to the art education fund, which provides assistance for art education and art supplies at kindergarten through twelfth grade levels at Title I public schools. The fund is managed by the New York state council on the arts, which selects regrant administrators to distribute awards.

New York A10612 imposes a tax on art, antique furniture, and antique jewelry sold at auction, funding art education and supplies at Title I public.

New York A10612 introduces a special tax on the sale of art, antique furniture, and antique jewelry at auction. The tax rate is three-tenths of one percent or one dollar, whichever is greater. Revenues from this tax are directed to the art education fund, which provides assistance for art education and art supplies at kindergarten through twelfth grade levels at Title I public schools. The fund is managed by the New York state council on the arts, which selects regrant administrators to distribute awards.