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Bill > A07251


NY A07251

NY A07251
Extends the authorization for Chautauqua county to impose an additional one percent rate of 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 authorization for Chautauqua county to impose an additional one percent rate of sales and compensating use taxes

AI Summary

This bill extends the authorization for Chautauqua County to impose an additional one percent sales and compensating use tax until November 30, 2027, amending the existing tax law. The bill modifies previous legislation that allowed the county to implement incremental sales tax increases over several years. Specifically, it changes the current expiration date from November 30, 2025, to November 30, 2027, enabling the county to continue collecting the extra sales tax for two more years. The bill also outlines how the additional tax revenue will be allocated, with a portion (three-twentieths) distributed to cities, towns, and villages based on population, and the remainder used for specific purposes such as paying Medicaid expenses, funding local road and bridge projects, supporting capital projects, repaying related debts, and depositing money into a reserve fund for bonded indebtedness. The tax is to be collected and deposited in a special fund separate from other county funds, ensuring transparency and specific use of the additional revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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