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Bill > A03104


NY A03104

Extends the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes from November 30, 2025 until November 30, 2027.


summary

Introduced
01/23/2025
In Committee
04/30/2025
Crossed Over
05/27/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to extending the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes

AI Summary

This bill extends the authorization for Onondaga County to impose an additional 1% sales and compensating use tax from November 30, 2025, to November 30, 2027. The bill specifies how the revenue from this additional tax will be distributed during two specific periods: from December 1, 2025, to November 30, 2026, and from December 1, 2026, to November 30, 2027. During each of these periods, the tax collections will be allocated as follows: 1.58% will go to Onondaga County for general purposes, 97.79% will be directed to the city of Syracuse, and 0.63% will be distributed to local school districts according to existing law. This allocation deviates from any previous revenue distribution agreements, providing a specific breakdown of how the additional sales tax revenue will be used. The bill amends the existing tax law to extend the county's taxing authority and provides a clear framework for the distribution of the generated revenue, with the act taking effect immediately upon passage.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

RETURNED TO ASSEMBLY (on 05/27/2025)

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