Bill > A07044

This bill extends the existing sales and compensating use tax authority for Schenectady County by modifying the current tax law. Specifically, the legislation allows Schenectady County to continue imposing an additional 0.5% sales tax on top of the standard 3% rate, with the authorization period now extended from November 30, 2025, to November 30, 2027. Sales and compensating use taxes are consumption taxes applied to the sale of goods and certain services, with "compensating use tax" typically referring to taxes paid on purchases made outside of the local jurisdiction but used within it. The bill represents a routine legislative action to maintain a local government's ability to generate revenue through sales tax, providing Schenectady County with continued fiscal flexibility for an additional two-year period. The amendment is technical in nature, simply changing the sunset date of the existing tax authorization, and the bill is set to take effect immediately upon passage.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7044