If approved, the bill would let school bus buyers and operators avoid sales and use tax on buses and items used to run them.
School buses and parts, equipment, lubricants, and fuel bought and used to run them would be exempt from sales and use tax if the bill passes.
The bill would exempt school buses and certain items used to operate them from sales and use tax. The exemption would cover school buses as defined by New York vehicle and traffic law, plus parts, equipment, lubricants, and fuel bought and used to operate those buses. The exemption would take effect on the first day of the quarterly sales tax period next succeeding April 1, 2027.
No hearings or votes scheduled.