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Bill > A04068


NY A04068

NY A04068
Extends the authorization of the county of Yates to impose an additional one percent of sales and compensating use taxes through November 30, 2027.


summary

Introduced
01/31/2025
In Committee
06/17/2025
Crossed Over
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 Yates to impose an additional one percent of sales and compensating use taxes

AI Summary

This bill extends the authorization for Yates County, located in New York State, to impose an additional one percent sales and compensating use tax beyond its current expiration date. Specifically, the bill amends an existing section of the tax law to change the end date of this tax authorization from November 30, 2025, to November 30, 2027. Compensating use taxes are typically imposed on goods purchased outside of the state but used within the state, ensuring that local sales taxes are not avoided through out-of-state purchases. By extending this tax authorization, the county will continue to have the ability to generate additional local revenue through this supplemental sales tax for two more years. The bill's language is straightforward, making a simple numeric change to the existing statute, and it is set to take effect immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

substituted by s3494 (on 06/17/2025)

bill text


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