Bill > A07492

This bill extends the additional one percent sales and use tax for Chenango County, New York, by modifying an existing tax law. Specifically, the bill changes the end date of the authorized additional sales tax from November 30, 2025, to November 30, 2027, effectively providing the county with two more years to impose this supplemental sales tax. Sales tax is a consumption tax levied on the sale of goods and services, and in this case, Chenango County is authorized to add an extra one percent to the standard three percent sales tax rate. The purpose of such local tax extensions is typically to provide counties with a stable source of revenue to fund local government services and infrastructure. The bill will take effect immediately upon passage, allowing Chenango County to continue collecting the additional sales tax at the specified rate through the new end date.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7492