BILL NUMBER: S5731
SPONSOR: MAYER
 
TITLE OF BILL:
An act to amend the tax law, in relation to revising the period of
authorization for the county of Westchester's additional one percent
rate of sales and compensating use tax; and to amend chapter 272 of the
laws of 1991, amending the tax law relating to the method of disposition
of sales and compensating use tax revenue in Westchester county and
enacting the Westchester county spending limitation act, in relation to
revising the period of authorization for the county of Westchester's
additional one percent rate of sales and compensating use tax
 
PURPOSE OF BILL:
This bill extends the county of Westchester's additional one percent
rate of sales and compensating use tax.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends clause 42 of subparagraph i of the opening paragraph of
section 1210 of the tax law to extend the authorization of Westchester
County to impose an additional one percent tax rate, from November 30,
2025 to November 30, 2027.
Section 2 amends subdivision e of section 4 and sections 5, 7 and 16 of
chapter 272 of the laws of 1991, amending the tax law in relating to the
method of 'disposition of sales and compensating use tax revenue in
Westchester County and enacting the Westchester County spending limita-
tion act, as amended by chapter 272 of the laws of 2023, to extend the
application thereof through fiscal year 2027.
Section 3 sets the effective date.
 
JUSTIFICATION:
The additional one percent sales tax authorization and extension of the
Westchester County spending limitation was most recently provided for
through 2025 by chapter 272 of the laws of 2023.
This bill provides an additional two year extension.
Since its inception, the sales tax has been a vitally important source
of revenue to the county, its local governments, and school districts.
Providing for the extension of this provision during this legislative
session will enable the County of Westchester, and the various local
governments, and school districts that rely on the revenues generated
from the sales and compensating use tax to more appropriately plan their
budgets for the coming fiscal years.
 
LEGISLATIVE HISTORY:
New bill. Relates to chapter 272 of the laws of 2023
 
FISCAL IMPLICATIONS:
No cost to state and positive fiscal impact to Westchester County, its
municipal governments, and school districts.
 
EFFECTIVE DATE:
Immediately.

Statutes affected:
S5731: 1210 tax law