BILL NUMBER: S6386
SPONSOR: GRIFFO
 
TITLE OF BILL:
An act to amend the tax law, in relation to authorizing Oneida county to
impose additional rates of sales and compensating use taxes and provid-
ing for allocation and distribution of a portion of net collections from
such additional rates
 
PURPOSE:
To authorize Oneida County to impose an additional one percent rate of
sales and compensating use taxes for the period beginning December 1,
2025, and ending November 30, 2027, and also to impose a second addi-
tional sales and compensating use tax rate of either three quarters of
one percent or one-half of one percent for the same period. The bill
also provides for distribution of a portion of the net collections from
the additional one percent rate.
 
SUMMARY OF PROVISIONS:
Section 1 would amend clause (13) of subparagraph (i) of the opening
paragraph of section 1210 of the Tax Law, to authorize Oneida County to
impose an additional one percent rate of sales and compensating use
taxes, as well as an additional three-quarters of one percent rate or
one-half of one percent rate of such taxes, for the period commencing
December 1, 2025 and ending November 30, 2027.
Section 2 would amend Tax Law section 1262-g to continue the county's
current allocation and distribution scheme for a portion of the net
collections from the additional one percent rate through August 31,
2027.
Section 3 provides for an immediate effective date.
 
JUSTIFICATION:
The county of Oneida, with the consent of the Oneida County Board of
Legislators, has requested this legislation to extend the increase of
their sales and compensating use tax and will utilize the additional
revenue to continue to provide services that it deems vital to the
community, while maintaining a balanced budget.
 
LEGISLATIVE HISTORY:
New.
 
FISCAL IMPLICATIONS:
Additional revenue for the county.
 
EFFECTIVE DATE:
Immediate.

Statutes affected:
S6386: 1210 tax law, 1262-g tax law