According to our friends at the Tax Law Blog, here's a partial summary of what's in the budget:
Makes personal services (such as beauty, barbering, manicure, pedicure,
massage, health salon or gymnasium services) and credit rating and reporting
services subject to sales tax statewide. Currently, only New York City sales tax
applies to these services.
Imposes a sales tax on entertainment-related consumer spending, including,
but not limited to, movie theaters and sporting events.
Imposes state and local sales tax on purchases of prewritten software,
digital audio, audio-visual and text files, digital photographs, games, and
other electronically delivered entertainment services.
Imposes a sales tax on transportation-related consumer spending, including,
but not limited to, taxis, limousines and buses.
Imposes sales tax on television and radio services provided by cable,
satellite or other similar means.
Imposes an additional 18 percent rate of sales and compensating use taxes on
fruit drinks that contain less than 70 percent of natural fruit juice and
nondietetic soft drinks, sodas and beverages.
Modifies the taxation of cigars to impose a tax of $0.50 per cigar to
simplify the administration of the tax. The current tax is equal to 37 percent
of the wholesale price or approximately 34 cents per cigar.
Increases the excise tax on wine and beer to approximately the average of
The tax on wine would increase from 18.9 cents per gallon to 51 cents per
gallon, and the beer tax would increase from 11 cents per gallon to 24 cents per
Increases registration fees for most vehicles and fees for distinctive plates
by 25 percent. The average vehicle registration fee will increase from $44 to
Increases original and renewal driver’s license fees by 25 percent. A
standard eight-year renewal will now cost $62.50, up from $50.
Creates a new fee of $10 for filing a paper personal income tax return, which
will encourage individuals to file via the Internet.
Establishes a new marine fishing license at a cost of $19 for state residents
and $40 for out-of-state individuals.
Raises administrative fees for various park activities, such as camping,
cabin rentals, golf, and marina usage, as well as for Empire Passports, passes
Increases the cigarette and tobacco retailer fee from $100 to $1,000 for
retailers with gross sales of less than $1 million, to $2,500 for retailers with
gross sales of $1 million but less than $10 million, and to $5,000 for retailers
with gross sales of $10 million or more.
Imposes an additional sales tax on luxury goods. This proposal would impose a
5 percent tax on the price of the following items in excess of the following
thresholds: $60,000 for cars, $200,000 for vessels (including but not limited to
yachts); $20,000 for jewelry and furs; and $500,000 for noncommercial
Source: Tax Law Blog
Winner of the prestigious American Association of Law Libraries (New Product) Award, Fastcase for iOS, Android, and Windows Phone is used by more attorneys than any other legal app according to the ABA. Anyone may use the app for free to access Fastcase's comprehensive legal research database on the go.