Clothing Sales Tax Exemption Begins In April
Assemblyman Jim Conte (R, I, C, WF-Huntington Station) today announced that New York State’s sales tax exemption for clothing and footwear costing under $110 will be reinstated April 1st, 2012. Conte, an ardent supporter of a lower tax rate to stimulate business growth, is pleased to see this restriction on both companies and consumers being lifted.
“With the rising cost of goods and services, families acrossLong Island are seeing their family budgets strained to the max,” said Conte. “By reinstating the exemption on clothing, lawmakers are helping to provide needed relief to families, which will be especially helpful for parents purchasing back-to-school clothing for their children next fall.”
The State’s year-round four percent clothing and footwear sales tax exemption was first made permanent on March 1, 2000. Since then, the exemption has been repealed and reinstated on several occasions. In last year’s budget, Assemblyman Conte voted to reinstate the exemption and is hopeful that this time, the tax break will be made permanent to provide lasting relief to Long Island families.
Some exceptions apply depending on whether a local tax on clothing and footwear is still in place. For further information, please visit the state’s taxation and finance web site.