New York S10101 proposes an annual food tax holiday exempting sales taxes on certain taxable food items during two weeks in November or December.
New York S10101 introduces an annual food tax holiday that exempts sales taxes on specific food items. This includes hot and cold prepared foods for immediate consumption, ready-to-eat items sold in grocery stores, delis, or food counters, and meals purchased at restaurants, including takeout and delivery orders. The tax holiday will last for two weeks in either November or December, as determined by the commissioner. The bill also mandates that the state reimburse local governments for revenue losses during the holiday.
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