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Bill > A07264


NY A07264

NY A07264
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
03/21/2025
In Committee
06/11/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to extending the 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 current authorization for Allegany County to impose an additional sales and use tax beyond its previous expiration date. Specifically, the bill amends the existing tax law to change the expiration date of a 1.5% additional sales tax from November 30, 2025 to November 30, 2027. This means the county will continue to have the legal authority to collect this supplemental sales tax for two more years, which can provide additional revenue for local government services and operations. The bill is a straightforward legislative action that allows Allegany County to maintain its current sales tax structure, ensuring fiscal continuity for the local government. The bill takes effect immediately upon passage, allowing the county to continue levying the additional sales tax without interruption.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Companion passed 2025-08-07 (on 08/07/2025)

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