Relates to the imposition of sales tax on the sale of race horses made through claiming races

Latest action Jan 7, 2026

Expands the imposition of sales tax on the sale of race horses made through claiming races to include the total sale price on each sale.

Not chosen yet

Where it stands

Out of committee and scheduled for a vote by the full chamber.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

New York State Senate

Same as A8527, the matching bill in the Assembly.

Amends the Tax Law.

Committee

Budget And Revenue · New York State Senate

Also referred to Ways and Means · New York State Assembly.

Purpose, from the sponsor's memo

This bill would remove the exemption from sales tax the total value of a racehorse purchased in a claiming race

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Committee vote · Budget And Revenue
Senate Budget And RevenueMay 28, 2025Result: passed
(4) (3) (0) (0)

Cosponsors

Cordell Cleare

Democratic1

Cordell Cleare

See the full list on nysenate.gov

The sponsor's argument

Why Andrew Gounardes says this is needed

A claiming race is a type of horse race in which the horses are put up for sale at a specified claiming price until shortly before the race. New York charges sales tax on the initial purchase of a racehorse, but dramatically limits the collection of sales tax of future resales of a horse in the same calendar year - effectively subsidizing the "flipping" of valuable racehorses in a short period of time. This is accomplished by charging sales tax only on the portion of the purchase price that exceeds the prior purchase price. Removing this partial exemption on unoriginal ownership will return much-needed revenue to the state

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Jan 7, 2026
Referred to committee
REFERRED TO BUDGET AND REVENUE
NY Senate
Jan 7, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
May 28, 2025
Reported out of committee
REPORTED AND COMMITTED TO FINANCE
NY Senate
May 20, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
May 13, 2025
Referred to committee
REFERRED TO BUDGET AND REVENUE
NY Senate

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 3, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

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