What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Substituted by A8502
- Ordered to third reading cal.682
- Committee discharged and committed to rules
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the imposition of sales and compensating use taxes in the county of Chautauqua
Signed by Governor · Sponsor William Parment
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to imposition of sales and compensating use taxes in the county of Chautauqua
Purpose
The purpose of this legislation is to extend the authorization for Chautauqua County's sales tax rate of 3.75% for one year and then drop the rate to 3.50% for the following year, and the allocation of one-fifth of the net collections from the additional sales tax to the municipalities based upon population, and to continue the authorization of the elimination of the county tax on residential home heating fuels.
Summary of provisions
Section 1: Clause 38 of subparagraph (i) of the opening paragraph of section 1210 of the tax law, as added by chapter 468 of the laws of 2007 is amended.
Section 2: Subparagraph (111) of the opening paragraph of section 1210 of the tax law is amended.
Section 3: Subdivision (ee) of section 1224 of the law is amended.
Section 4: Section 1262-0 of the tax law is amended.
Section 5: Suspension clause.
Section 6: Effective date.
Justification
In 2005, Chautauqua County requested authorization to impose an additional sales tax of 1.25% to be used for paying the escalating mandated cost of Medicaid and other expenses. In 2006, citing the State's passage of Medicaid cap legislation, the county requested that the additional tax rate be lowered to 1%. In 2007, the additional sale tax rate was lowered to .75%.
This legislation continues Chautauqua County's additional sales tax at a rate of .75% and drops the additional rate to .50% in 2012. The legislation also provides for the allocation of one-fifth of the net collections from the additional sales tax to the municipalities based upon population and the elimination of the sales tax on home heating fuel.
Legislative history
This is new legislation.
Fiscal implications
This legislation will have no fiscal implications for the State and the county will receive additional funds in sales tax revenue. Consumers of home heating fuel will continue to save in energy costs due to the elimination of the county sales tax on heating fuels.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.