S 7073

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Provides an exemption for the sale of the first $35,000 of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes.

Bill ID NY-2025-2026-S-7073
Session 2025-2026
Status in_committee
Committee Budget And Revenue
Senate in_committee 2026-01-07
Summary

Provides an exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes; authorizes local governments to elect such incentives; repeals the hybrid exemption after ten years.

Sponsor
Patricia Fahy
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-04-01 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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