Assembly BillIntroduced
A 3314: Establishes a reduced sales tax rate for small businesses which reside in the state and are independently owned and operated, not dominant in its field and employs fifty or less persons.
What A 3314 does, verified January 9, 2026
The proposed bill aims to establish a reduced sales tax rate for small businesses in New York State. A small business is defined as one that is independently owned and operated, not dominant in its field, employs 50 or fewer people, and earned less than a certain amount in gross sales revenue. The reduced tax rate would apply to the sale of tangible personal property, excluding certain products such as alcoholic beverages, cigarettes, and tobacco products. The tax rate would be 2.5% for qualified small businesses, taking effect on the first of January next following the bill's enactment.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to ways and means (2026-01-07)Alert me
Quick answers about A 3314
- What is the current status of A 3314?
- As of January 9, 2026, A 3314 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "referred to ways and means".
- Did A 3314 pass?
- Not yet. A 3314 has been introduced and has not passed either house.
- Who wrote A 3314, and where is it now?
- A 3314 was authored by Asm. Clyde Vanel. Its committee of record is Assembly Ways & Means.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to ways and means |
| Jan. 27, 2025 | referred to ways and means |
Latest bill textIntroduced version, January 27, 2025 · 365 words
STATE OF NEW YORK ________________________________________________________________________ 3314 2025-2026 Regular Sessions IN ASSEMBLY January 27, 2025 ___________ Introduced by M. of A. VANEL -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to establishing a reduced sales tax rate for certain small businesses The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The tax law is amended by adding a new section 1105-C to 2 read as follows: 3 § 1105-C. Reduced tax rate for small businesses. (a) Notwithstanding 4 any provision of this article to the contrary, the taxes imposed by 5 subdivision (a) of section eleven hundred five of this part on the 6 receipts from every retail sale of tangible personal property shall be 7 paid at the rate of two and one-half percent where such sale is made by 8 a qualified small business. The provisions of this subdivision shall not 9 apply to the sale of alcoholic beverages, cigarettes and tobacco 10 products as defined in section four hundred seventy of this chapter, 11 firearms, rifles and shotguns as such terms are defined in 18 U.S.C. 12 921, motor fuel or diesel motor fuel, and any other product or class of 13 product which have a rate of tax set explicitly by this chapter for such 14 product or class of products. 15 (b) As used in this section, the term "qualified small business" shall 16 mean a business which is resident in this state, independently owned and 17 operated, not dominant in its field, employs fifty or less persons, and 18 earned less than an amount in gross sales revenue, as to be determined 19 by the commissioner, in the preceding year. 20 § 2. This act shall take effect on the first of January next succeed- 21 ing the date on which it shall have become a law and shall apply to 22 taxable years commencing on and after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06922-01-5
Text of A 3314 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions