Bill

Bill > A07712


NY A07712

NY A07712
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
04/08/2025
In Committee
06/16/2025
Crossed Over
Passed
Dead

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 existing authorization for Hamilton County, New York, to impose an additional one percent sales and compensating use tax through November 30, 2027. Currently, the county is allowed to levy a sales tax at three percent, with the ability to add an extra one percent on top of that rate. The bill specifically amends a previous law that was set to expire on November 30, 2025, by changing the end date to November 30, 2027. This extension will provide the county with continued flexibility to generate local tax revenue beyond the previous expiration date. Sales and compensating use taxes are typically applied to the sale of goods and certain services, with the compensating use tax designed to ensure that items purchased outside the taxing jurisdiction but used within it are still subject to local tax rates. The bill takes effect immediately upon passage, allowing Hamilton County to continue its current tax structure with minimal disruption.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Companion passed 2025-08-07 (on 08/07/2025)

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