Enacts the "sporting event promotion act"

Summary

The bill amends the state tax code to exempt retail sales and use tax on items bought for official use at qualifying "covered events" and by accredited participants. It applies only to events approved by the Empire State Development commissioner and excludes professional leagues, World Cup soccer, combat sports, motorsports and personal consumption items. The goal is to lower costs for amateur and Olympic‑related competitions held in the state.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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