Bill > A08072

This bill extends the authorization for the city of Oswego to impose an additional one percent sales and compensating use tax beyond its current expiration date. Specifically, the legislation amends the existing tax law to change the end date of this tax authority from November 30, 2025, to November 30, 2027. Sales and compensating use taxes are local taxes applied to the sale of goods and services, with this particular provision allowing Oswego to levy an extra one percent tax on top of the standard three percent rate. The bill is a straightforward extension of existing tax authority, giving the city of Oswego two more years to continue collecting this additional sales tax. The legislation takes effect immediately upon passage, which is typical for local tax authorization bills, and requires no additional complex implementation steps.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A8072