Bill > S05782

This bill extends the authorization for the city of New Rochelle to impose an additional 1% sales and compensating use tax beyond its current expiration date. Specifically, the bill amends an existing section of New York tax law to change the end date of this tax authority from December 31, 2025 to December 31, 2027. The additional 1% tax is on top of the existing 3% tax rate already authorized for the city, giving New Rochelle the ability to collect a total of 4% in local sales tax during this extended period. This type of local tax authorization allows municipalities to generate additional revenue to support local services and infrastructure. The bill takes effect immediately upon passage, ensuring a seamless continuation of the city's existing sales tax collection authority.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S5782