QUICK LINKS: Vending Videos  |  Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:      

Bookmark this site




Issue Date: Vol. 53, No. 1, January 2013, Posted On: 12/26/2012


New York Governor Vetoes Vending Sales Tax Relief Bill


Nick Montano
Nick@vendingtimes.net
TAGS: vending machine bill veto, vending machine, vending industry, New York vending machine sales tax exemption, vending tax relief measure, NYSAVA president, Brian Gill, Next Generation Vending

ALBANY, NY -- Gov. Andrew Cuomo vetoed a bill last week that would exempt vending machine purchases of less than $1.50 from being subject to sales tax in New York State. While the governor's veto is a defeat for all of New York's vending operators, it's particularly poignant for the New York State Automatic Vending Association, which has worked tirelessly for tax-relief legislation for more than five years.

The vending machine tax-relief measure, which passed the state Assembly and Senate this year, was among 18 bills rejected by the governor on Dec. 19. The Democratic governor faced a midnight deadline to act on 30 bills, which were passed by the Legislature between January and June and sent to his desk in early December. Many of Cuomo’s vetoes, according to reporters in Albany, were of bills that would have had a financial impact on the state.

During a final push for the vending machine measure, NYSAVA president Brian Gill, Next Generation Vending (Canastota, NY), said the bill is actually cash-negative to the state in that it's designed to create jobs. Gill made his remarks at an NYSAVA membership meeting in October that raised almost $50,000 for the association.

The bill sought to exempt food and beverages sold from vending machines at $1.50 or less from the sales and use tax. It was intended to update a measure that raised the exemption on vended sales to 75¢, enacted in 2000, to assist the vending industry to remain competitive with other retail channels.


Topic: Vending Features

Articles:
  • FuelRod Places Device Charger Vending Machines At Oakland Airport
  • Crane Co. 2014 Q3 Results: EPS Increases 7%; Payments And Vending Segment Posts $181.1 Million In Sales
  • Florida's Vending Association Gathers For Technology Update
  • WiLan Pacts With Panasonic For Vending Patent Rights
  • NAMA Foundation's First Online And Silent Auction Opens For Bidding: Oct. 27

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570