Bill > S00434

This bill extends the existing authorization for the city of Yonkers to impose additional local sales taxes by two more years, changing the expiration date from November 30, 2025 to November 30, 2027. Specifically, the bill allows Yonkers to continue levying two additional sales tax increments: one percent on top of the standard three percent rate, and an additional one-half of one percent, which was originally authorized starting in September 2015. The bill amends two previous legislative documents - the tax law and a 2015 law relating to Yonkers' sales tax authority - to update the sunset date for these tax provisions. The legislation takes effect immediately, but the amendments to the tax law are designed to align with the existing expiration and reversion mechanisms of the original clause, ensuring a technical continuity in the legal framework governing Yonkers' local sales tax rates.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S434