BILL NUMBER: S7013
SPONSOR: FAHY
 
TITLE OF BILL:
An act to amend the tax law, in relation to extending the authorization
granted to the county of Montgomery to impose an additional one percent
sales and compensating use taxes
 
PURPOSE OR GENERAL IDEA OF BILL:
This bill would extend Schenectady County's authorization to adopt and
amend local laws imposing a 1.0% additional sales tax until 2027.
 
SUMMARY OF PROVISIONS:
In section 1, Clause 31 of the opening paragraph section 1210 of the tax
law, the expiration of Schenectady County's authorization is to collect
an additional 1.0% sales tax is extended until November 30, 2027.
 
DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE):
This amendment changes the expiration from 2025 to 2027.
 
JUSTIFICATION:
This bill will extend Montgomery County's existing authorization which
currently expires in 2025 until 2027.
 
PRIOR LEGISLATIVE HISTORY:
None.
 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately

Statutes affected:
S7013: 1210 tax law