STATE OF NEW YORK ________________________________________________________________________ 4988 2023-2024 Regular Sessions IN SENATE February 21, 2023 ___________ Introduced by Sen. OBERACKER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to the taxable price for the sale of a motor vehicle The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1105 of the tax law is amended by adding a new 2 subdivision (g) to read as follows: 3 (g) Any rebate offered by a retail dealer of a motor vehicle to a 4 consumer at the time of sale shall be excluded for the purposes of 5 calculating the taxable price under this section of such motor vehicle 6 sale. Such rebate shall further be excluded for the purposes of calcu- 7 lating any local sales and compensating use tax that may be applicable. 8 § 2. This act shall take effect on the thirtieth day after it shall 9 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09202-01-3