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Tax-Free NY Legislation

Contact: Ken Pokalsky

The Governor's draft tax-free NY legislation is now available here.  The following provides our overview of this draft proposal. 

Note that many key terms and concepts are undefined in the draft legislation, and some key administrative procedures relate to business eligibility lack specifics.

We appreciate members' input on the specifics of this legislation, the overall design and focus of this legislation, and its potential application to your business' investment plans in New York State.

Eligible property:

Eligible business:

Ineligible business categories:

Tax benefits:

Procedures/Administration:

Business requirements:

Unfair competition: