Bill
Bill > A07334
NY A07334
NY A07334Extends the authority of Oneida county to impose additional rates of sales and compensating use taxes and to allocate and distribute a portion of net collections from such additional rates.
summary
Introduced
03/25/2025
03/25/2025
In Committee
06/04/2025
06/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to authorizing Oneida county to impose additional rates of sales and compensating use taxes and providing for allocation and distribution of a portion of net collections from such additional rates
AI Summary
This bill extends Oneida County's authority to impose additional sales and use taxes beyond the previously established expiration date of November 30, 2025, now extending the authorization to November 30, 2027. Specifically, the bill allows Oneida County to continue imposing an additional one percent sales and use tax, as well as an additional three-quarters or one-half of one percent tax on top of the existing three percent rate. The bill also modifies the allocation and distribution of net tax collections, maintaining provisions for sharing revenue with cities in the county. When a city in Oneida County imposes its own sales tax, the county will continue to allocate half of the net collections from the additional one percent tax to that city. For cities not imposing their own tax, the county will distribute a portion of the tax collections based on population. Additionally, the bill preserves a requirement that the first $1.5 million of net collections after reaching $18.5 million will be allocated among the county's towns on a per capita basis, subject to approval by town and village resolutions. The changes ensure continued local tax flexibility and revenue sharing for Oneida County through August 31, 2027.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Companion passed 2025-08-07 (on 08/07/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A7334 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07334&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07334 |
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