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Bill > S07294


NY S07294

NY S07294
Extends the authorization of the county of Rensselaer to impose an additional one percent of sales and compensating use taxes until November 30, 2027.


summary

Introduced
04/09/2025
In Committee
05/27/2025
Crossed Over
06/17/2025
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 Rensselaer to impose an additional one percent of sales and compensating use taxes

AI Summary

This bill extends the authorization for Rensselaer County to impose an additional one percent sales and compensating use tax (a local tax added on top of the existing state sales tax) until November 30, 2027. Currently, the county was previously authorized to collect this additional tax until November 30, 2025, and this bill simply changes that end date to November 30, 2027, effectively giving the county two more years to continue collecting the supplemental sales tax. The bill amends a specific section of the New York State Tax Law, and by its final section, it is set to take effect immediately upon passage. The purpose of such local sales tax extensions is typically to provide counties with a consistent revenue stream to support local government services and infrastructure.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

SIGNED CHAP.310 (on 08/07/2025)

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