Extends the expiration of the authorization to the county of Wyoming to impose an additional one percent sales and compensating use tax from November 30, 2025 to November 30, 2027.
Summary
Bill S05937 amends the New York tax law to extend the authorization for the county of Wyoming to impose an additional one percent sales and compensating use tax. This extension pushes the expiration date from November 30, 2025, to November 30, 2027. The bill allows the county to continue collecting this additional revenue, which is significant for local funding and budgetary needs.
Impact
The bill impacts state tax law by allowing the county of Wyoming to maintain its additional sales tax, which is crucial for local government funding. This extension is expected to provide continued financial support for county services and projects, potentially affecting local residents and businesses who will continue to pay this tax.
Sentiment
The general sentiment around the bill appears to be positive, as indicated by the voting history. The bill passed with a significant majority in both the Senate and Assembly, suggesting broad support among lawmakers. The committee vote also showed unanimous support, indicating that there were no major objections during discussions.
Contention
There were no notable points of contention reported in the discussions surrounding the bill. The unanimous committee vote and the strong support in both legislative chambers suggest that there were no significant opposing views or concerns raised by lawmakers.
Same As
Extends the expiration of the authorization to the county of Wyoming to impose an additional one percent sales and compensating use tax from November 30, 2025 to November 30, 2027.
Extends the expiration of the authorization to the county of Wyoming to impose an additional one percent sales and compensating use tax from November 30, 2025 to November 30, 2027.
Extends the expiration of the authorization to the county of Wyoming to impose an additional one percent sales and compensating use tax from November 30, 2023 to November 30, 2025.
Extends the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes from November 30, 2025 until November 30, 2027.
Extends the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes from November 30, 2025 until November 30, 2027.
Extends the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes from November 30, 2023 until November 30, 2025.
Extends the authorization of the county of Onondaga to impose an additional rate of sales and compensating use taxes from November 30, 2023 until November 30, 2025.