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Senate passes penal law bill to curb sales‑tax "zapper" schemes; Krueger warns of $1.7 billion loss

3202685 · May 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate passed a penal law change aimed at curbing technology and schemes that hide sales transactions and withhold collected sales tax. Sponsor Senator Krueger said New York loses up to $1.7 billion annually to such activity.

Albany, May 5, 2025 — The State Senate passed a penal law measure sponsored by Senator Krueger aimed at strengthening enforcement against systems that hide retail transactions and the sales tax collected on them.

Sponsor's account: On the floor, Senator Krueger explained the bill's purpose and the revenue stakes. "We are losing up to $1,700,000,000 a year in sales tax revenue that is collected from the citizens of New…

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