BILL NUMBER: S5561
SPONSOR: ORTT
TITLE OF BILL:
An act to amend the tax law, in relation to extending the period during
which the county of Orleans is authorized to impose additional rates of
sales and compensating use taxes
PURPOSE:
This legislation would extend the sales and compensating use tax in the
county of Orleans.
SUMMARY OF PROVISIONS:
Section lestablishes the sales and compensating tax rate, which is an
additional 1% to the 3% rate authorized, is extended to 2027.
Section 2 establishes the effective date
EXISTING LAW:
New bill
JUSTIFICATION:
The county of Orleans requires legislation to extend the expiration of
the imposition of an additional 1% sales and compensating use tax which
expires November 30, 2025.
LEGISLATIVE HISTORY:
None
FISCAL IMPLICATIONS:
None
EFFECTIVE DATE:
Immediately
Statutes affected: S5561: 1210 tax law