Bill > A07030

This bill extends the authority of Madison County, New York, to impose an additional 1% sales and compensating use tax beyond the standard 3% rate. Specifically, the bill amends an existing tax law to change the end date of this additional tax authority from November 30, 2025, to November 30, 2027, effectively extending the county's ability to levy this supplemental sales tax by two years. Sales and compensating use taxes are local taxes applied to the sale of goods and services, with the compensating use tax typically covering purchases made outside the jurisdiction but used within it. The bill is a straightforward legislative action that allows Madison County to continue generating additional local tax revenue for two more years, providing the county with continued fiscal flexibility. The bill takes effect immediately upon passage, ensuring that the county can continue to implement its supplemental sales tax rate without interruption.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7030