Bill
Bill > A07775
NY A07775
NY A07775Extends 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
04/10/2025
04/10/2025
In Committee
06/17/2025
06/17/2025
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 Rensselaer to impose an additional one percent of sales and compensating use taxes
AI Summary
This bill extends the authorization for Rensselaer County, located in New York State, to impose an additional one percent sales and compensating use tax beyond its current expiration date. Specifically, the bill amends an existing section of the tax law to change the end date of this tax authorization from November 30, 2025, to November 30, 2027. Sales taxes are additional percentages charged on retail purchases within a jurisdiction, while compensating use taxes are applied to goods purchased outside the county but used within it. This type of local tax authorization is common for counties seeking to generate additional revenue for local services and infrastructure. The bill will allow Rensselaer County to continue collecting this supplemental 1% sales tax for an additional two years beyond the previous expiration date, providing continued funding flexibility for the county. The legislation takes effect immediately upon passage, ensuring a seamless continuation of the existing tax authorization.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
substituted by s7294 (on 06/17/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A7775 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07775&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07775 |
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