Bill > A07740

This bill extends the authorization for Cayuga County, New York, to continue imposing an additional one percent sales and compensating use tax until November 30, 2027. Specifically, the legislation amends the existing tax law by changing the previous expiration date of November 30, 2025, to November 30, 2027, which allows the county to maintain its current local sales tax rate. Sales and compensating use taxes are types of consumption taxes applied to the sale of goods and services, with the compensating use tax designed to ensure that items purchased out-of-state for use within the county are still subject to local taxation. The bill provides Cayuga County with continued fiscal flexibility by maintaining its ability to levy this supplemental one percent sales tax, which can be used to support local government services and infrastructure. The legislation takes effect immediately upon passage, ensuring a seamless continuation of the county's existing tax authorization.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7740