BILL NUMBER: S7294
SPONSOR: ASHBY
 
TITLE OF BILL:
An act to amend the tax law, in relation to extending the authorization
of the county of Rensselaer to impose an additional one percent of sales
and compensating use taxes
 
PURPOSE:
To extend the authorization of the county of Rensselaer to impose an
additional one percent of sales and compensating use taxes.
 
SUMMARY OF PROVISIONS:
Section 1 amends Clause 3 of subparagraph (i) of the opening paragraph
of 2 section 1210 of the tax law, extending the authorization of addi-
tional tax from expiring on November 30 of 2025 until the same date in
2027.
 
JUSTIFICATION:
To continue funding important public services, the county of Rensselaer
requires the additional revenue collected by elevated sales and compen-
sating use taxes
 
LEGISLATIVE HISTORY:
None.
 
FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
Immediately.

Statutes affected:
S7294: 1210 tax law