Extends the authorization for the county of Monroe to impose certain sales and compensating use taxes to November 30, 2027.
Summary
Bill S06669 amends the New York tax law to extend the authorization for Monroe County to impose an additional one percent sales and compensating use tax until November 30, 2027. This extension allows Monroe County to continue collecting this additional tax, which has been in place since December 1, 1993, thereby providing a continued revenue stream for local government and services.
Impact
The bill impacts state tax law by allowing Monroe County to maintain its current tax structure while also specifying the distribution of the additional tax revenue. The net collections from this additional tax will be allocated to various local entities, including school districts, towns, and the city of Rochester, ensuring that funds are directed to support local education and municipal services.
Sentiment
The sentiment around the bill appears to be neutral, as there have been no recorded votes or significant committee discussions indicating strong opposition or support. The lack of contention suggests that the bill is viewed as a necessary extension for local revenue generation.
Contention
There are no notable points of contention reported in the discussions surrounding this bill, indicating a consensus or lack of significant opposition to the extension of the tax authorization.
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.