Bill > A08080

This bill extends the existing one percent county sales tax in Putnam County for two additional years, from November 30, 2025, to November 30, 2027, and introduces a new requirement for distributing a portion of the tax revenue. Specifically, the bill mandates that one-ninth of the additional one percent sales tax collected by Putnam County must be allocated to towns and villages within the county, with the distribution based on each municipality's population as determined by the most recent federal census. To ensure fairness, each town and village is guaranteed a minimum annual allocation of $50,000, and these funds must be used exclusively for local infrastructure projects and capital improvements. This legislation provides a consistent revenue stream for smaller municipalities in Putnam County, allowing them to fund essential local development and infrastructure needs while extending the county's existing sales tax authorization.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A8080