BILL NUMBER: S2522
SPONSOR: STEC
 
TITLE OF BILL:
An act to amend the tax law, in relation to extending the authorization
granted to the county of Franklin to impose an additional one percent of
sales and compensating use taxes
 
PURPOSE:
The bill would extend Franklin County's authority to impose an addi-
tional 1 percent of sales and compensating use tax
 
SUMMARY OF PROVISIONS:
Section 1 - Extends Franklin County's authority to impose an additional
1 percent of sales and compensating use tax, by amending Clause 40 of
subparagraph (i) of the opening paragraph of 2 section 1210 of the tax
law, through Nov. 30, 2027.
Section 2 - Provides effective date
 
JUSTIFICATION:
The Franklin County Legislature has sought this extension for an addi-
tional two years. In its resolution, the county board stated the reven-
ue generated by this additional sales tax is vital for support of the
county's operations and services.
 
LEGISLATIVE HISTORY:
New bill
 
FISCAL IMPLICATIONS:
None
 
EFFECTIVE DATE:
This act shall take effect immediately.

Statutes affected:
S2522: 1210 tax law