Bill > A03424

This bill extends the authorization for Franklin County to impose an additional one percent sales and compensating use tax until November 30th, 2027, which modifies an existing provision in the tax law. Specifically, the bill amends a previous legislative authorization that allowed Franklin County to levy a supplemental sales tax at a rate one percent higher than the standard three percent rate. The current change updates the expiration date from November 30th, 2025 to November 30th, 2027, effectively giving the county two more years to continue collecting this additional sales tax. The bill is a straightforward legislative action that provides Franklin County with continued flexibility in local tax collection, and it takes effect immediately upon passage. Sales and compensating use taxes are local taxes applied to the sale of goods and services, with the additional one percent providing a source of revenue for county operations and local government services.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A3424