Bill
Bill > S05606
NY S05606
Extends the period during which the county of Herkimer is authorized to impose additional sales and compensating use taxes to November 30, 2027.
summary
Introduced
02/25/2025
02/25/2025
In Committee
02/25/2025
02/25/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to extending the period during which the county of Herkimer is authorized to impose additional sales and compensating use taxes
AI Summary
This bill extends the period during which Herkimer County is authorized to impose additional sales and compensating use taxes from November 30, 2025 to November 30, 2027. Specifically, the bill modifies three sections of the tax law to change the end date for two separate tax provisions: one allows the county to impose an additional 1% sales tax, and the other permits an additional 0.25% sales and compensating use tax. These additional taxes are specifically earmarked for funding the construction of correctional facilities, with any remaining net collections to be deposited in the county's general fund. The bill does not introduce new taxes but simply extends the existing authorization for these additional local taxes by two years, allowing Herkimer County to continue its current tax structure and funding mechanism for correctional facility construction. The bill takes effect immediately upon passage.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
SUBSTITUTED BY A6521 (on 05/27/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S5606 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05606&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05606 |
Loading...