Repeals subdivision (jj) of section 1115 of the tax law and subdivision 13 of section 1118 of the tax law relating to sales and compensating use taxes imposed with respect to vessels

This bill repeals specific tax provisions related to vessels (like boats) that were added to New York's tax law in 2015. It removes two subdivisions: one in section 1115 (affecting sales taxes on vessels) and another in section 1118 (affecting compensating use taxes on vessels). The repeal eliminates these specific tax rules, meaning vessel sellers and owners will no longer be subject to these particular tax requirements. The change takes effect on June 1, 2025.