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Bill > S07127


NY S07127

NY S07127
Extends the authorization of the county of Hamilton to impose an additional one percent of sales and compensating use taxes to November 30, 2027.


summary

Introduced
04/01/2025
In Committee
05/27/2025
Crossed Over
06/16/2025
Passed
08/07/2025
Dead
Signed/Enacted/Adopted
08/07/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to extending the authorization of the county of Hamilton to impose an additional one percent of sales and compensating use taxes

AI Summary

This bill extends the authorization for Hamilton County, New York, to impose an additional one percent sales and compensating use tax until November 30, 2027. Specifically, the legislation amends an existing section of the tax law by changing the expiration date of the county's ability to levy this extra sales tax from November 30, 2025, to November 30, 2027. Sales taxes are additional percentage charges applied to the sale of goods and services, and compensating use taxes are similar taxes applied when sales tax has not been paid on purchases made outside the jurisdiction. By extending this authorization, the bill allows Hamilton County to continue collecting this supplemental tax revenue for an additional two years beyond the previous expiration date, which can help support local government operations and services. The bill takes effect immediately upon becoming law.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

SIGNED CHAP.305 (on 08/07/2025)

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