Bill
Bill > S07013
NY S07013
Extends the authorization granted to the county of Montgomery to impose an additional one percent sales and compensating use taxes to November 30, 2027.
summary
Introduced
03/28/2025
03/28/2025
In Committee
05/27/2025
05/27/2025
Crossed Over
05/27/2025
05/27/2025
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to extending the authorization granted to the county of Montgomery to impose an additional one percent sales and compensating use taxes
AI Summary
This bill extends the authorization for Montgomery County, New York, to impose an additional one percent sales and compensating use tax until November 30, 2027. Currently, the county is authorized to levy a supplemental sales tax on top of the standard three percent rate, which was previously set to expire on November 30, 2025. By amending the existing tax law, the bill simply changes the expiration date from 2025 to 2027, allowing the county to continue collecting this additional sales tax for two more 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 taxing jurisdiction but used within it. This extension will provide Montgomery County with continued flexibility in generating local revenue to support its municipal operations and services.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
referred to ways and means (on 05/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S7013 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07013&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07013 |
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