BILL NUMBER: S6669
SPONSOR: COONEY
 
TITLE OF BILL:
An act to amend the tax law, in relation to extending the authorization
for the county of Monroe to impose certain sales and compensating use
taxes
 
PURPOSE OF THE BILL:
Extends authority of Monroe County to impose certain sales and compen-
sating use tax through November 30, 2027 and to extend the formula for
distribution of the proceeds of such tax to the same date.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends sections 1210, 1262 and 1262-g of the tax law to extend
authorization of Monroe County to impose an additional one percent sales
and compensating use tax through November 30, 2027.
Section 2 provides that the County shall continue to share the proceeds
of such tax among local governments pursuant to the established formula
through November 30, 2027.
Section 3 includes technical provisions that are unchanged from existing
law.
Section 4 is a severability provision.
Section 5 provides that the act shall take effect immediately.
 
JUSTIFICATION:
Current authorizations to impose such tax and to make distributions of
the proceeds of that tax to local governments in Monroe County pursuant
to the established formula expire on November 30, 2025.
 
PRIOR LEGISLATIVE HISTORY:
Chapter 251 of the Laws of 2023 extended Monroe County's authority to
impose the tax through November 30, 2025. Chapter 251 also extended the
distribution formula provision through November 30, 2025.
 
FISCAL IMPLICATIONS:
None to the State.
 
EFFECTIVE DATE:
This act shall take effect immediately.

Statutes affected:
S6669: 1210 tax law