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Bill > A04067


NY A04067

NY A04067
Extends the authorization of the county of Schuyler to impose an additional one percent of sales and compensating use taxes through November 30, 2027.


summary

Introduced
01/31/2025
In Committee
06/12/2025
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 Schuyler to impose an additional one percent of sales and compensating use taxes

AI Summary

This bill extends the authorization for Schuyler County, located in New York State, to impose an additional one percent sales and compensating use tax through November 30, 2027. Currently, the county is authorized to levy a supplemental sales tax on top of the standard three percent rate, which was previously set to expire on November 30, 2025. By amending the existing tax law, this legislation will allow Schuyler County to continue collecting this additional one percent sales tax for two more years beyond the current expiration date. Sales and compensating use taxes are local taxes applied to the sale of goods and services, with "compensating use tax" specifically referring to taxes paid on items purchased outside the jurisdiction but used within it. The bill will take effect immediately upon passage, providing the county with continued fiscal flexibility to generate local revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Companion passed 2025-08-07 (on 08/07/2025)

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