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Bill > S06420


NY S06420

NY S06420
Extends the expiration of the provisions authorizing the county of Allegany to impose an additional one and one-half percent sales and compensating use taxes until November 30, 2027.


summary

Introduced
03/13/2025
In Committee
05/27/2025
Crossed Over
06/11/2025
Passed
08/07/2025
Dead
Signed/Enacted/Adopted
08/07/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to extending the expiration of the provisions authorizing the county of Allegany to impose an additional one and one-half percent sales and compensating use taxes

AI Summary

This bill extends the existing authorization for Allegany County, New York, to impose an additional sales and compensating use tax beyond its current expiration date. Specifically, the bill amends the tax law to change the expiration date of a 1.5% supplemental sales tax from November 30, 2025, to November 30, 2027. The additional tax is on top of the existing 3% sales tax rate that the county is authorized to collect. This means that Allegany County can continue to levy a total of 4.5% in local sales tax (3% base rate plus 1.5% additional rate) for two more years beyond the previous authorization. The bill takes effect immediately upon passage, allowing the county to maintain its current level of local sales tax collection and continue to fund local government services and infrastructure without interruption.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (2)

Last Action

SIGNED CHAP.295 (on 08/07/2025)

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