BILL NUMBER: S7198
SPONSOR: FAHY
 
TITLE OF BILL:
An act to amend the tax law, in relation to the imposition of sales and
compensating use taxes by the county of Albany
 
PURPOSE OR GENERAL IDEA OF BILL:
This bill will extend the expiration of the authorization for Albany
County to impose an additional one percent sales and compensating use
tax to Nbvember 30,2027.
 
SUMMARY OF PROVISIONS:
Section 1 amends section 1210 of the tax law to extend the authorization
for Albany County to impose an additional one percent sales tax above
their statutory limit of three percent until November 30, 2027.
Section 2 sets the enacting date
 
JUSTIFICATION:
The Albany County Legislature has requested legislation that would
authorize the County to continue to impose an additional one percent
sales and compensating use tax for the period through November 30, 2027.
 
PRIOR LEGISLATIVE HISTORY:
New bill
 
FISCAL IMPLICATIONS:
None
 
EFFECTIVE DATE:
This act shall take effect immediately

Statutes affected:
S7198: 1210 tax law