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Bill > S07630


NY S07630

NY S07630
Extends the authority of the county of Orange to impose an additional rate of sales and compensating use taxes; provides for the use of the tax funds collected.


summary

Introduced
04/23/2025
In Committee
06/09/2025
Crossed Over
06/16/2025
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 authority of the county of Orange to impose an additional rate of sales and compensating use taxes; and providing for the use of the tax funds collected

AI Summary

This bill extends the authority of Orange County, New York, to impose an additional sales and compensating use tax at a rate of three-quarters of one percent beyond its current expiration date. Specifically, the bill changes the end date of this tax authority from November 30, 2025, to November 30, 2027, effectively giving the county two more years to collect this supplemental sales tax. Furthermore, the bill stipulates that the net collections from this additional tax rate during the period from December 1, 2025, to November 30, 2027, will be paid directly to Orange County and can be used solely for county purposes. Notably, these tax collections will not be subject to any existing revenue distribution agreements, which means the county has more flexibility in how it can use these funds. The bill takes effect immediately upon passage, providing Orange County with continued fiscal flexibility to generate local revenue through this additional sales tax mechanism.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

SIGNED CHAP.316 (on 08/07/2025)

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