Bill > A07797

This bill extends the authorization for Albany County to impose an additional one percent sales and compensating use tax until November 30, 2027, amending a previous law that set the expiration date at November 30, 2025. The bill specifies that if the county imposes this additional tax rate, it must allocate and distribute the net collections from this one percent tax to cities and areas outside cities in the same proportion as its current three percent tax rate. Additionally, the bill requires that towns and villages in the county receive their share of these tax collections in the same manner as they currently do for the three percent tax rate. However, if any city in Albany County exercises its right to impose its own local tax under section 1224 of the tax law, the county would not be required to allocate and distribute net collections as previously outlined during the period that city tax is in effect. The bill takes effect immediately upon becoming law.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7797