What's happening
This bill extends Albany County's authority to impose an additional 1% sales tax until November 30, 2019.
Why it matters
Extending the additional 1% sales tax allows Albany County to maintain or potentially increase its revenue stream. , which can be crucial for funding local government services, infrastructure, and addressing budget gaps without raising property taxes.
The bill ensures that the extra tax revenue is distributed among cities, towns, and villages in the same proportion as the existing 3% county sales tax. , maintaining fairness and predictability for local municipalities that rely on these funds for their budgets.
There is a provision that suspends this revenue-sharing requirement if any city in Albany County enacts its own local sales tax under section 1224. , which could affect how much other municipalities receive and incentivize coordination between city and county governments.
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Who cares
Albany County government
The bill would extend its authority to impose an additional one percent sales and compensating use tax through November 30, 2019.
Cities, towns and villages in Albany County
The bill would require continued sharing of the additional tax collections using existing proportions and distribution methods, unless a city exercises its prior right to impose its own tax.
Shoppers and businesses making taxable purchases in Albany County
The extension would allow the county to continue charging the additional one percent tax for two more years.
Headline styles
Extend Albany Sales Tax
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Referred to ways and means
- Referred to ways and means
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.
Extend Albany Sales Tax
In Senate Committee · Investigations And Government Operations · Sponsor Neil D. Breslin
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
S. 5759 A. 7496
2017-2018 Regular Sessions
SENATE - ASSEMBLY
April 28, 2017
IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations
IN ASSEMBLY -- Introduced by M. of A. FAHY, McDONALD, STECK -- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to the imposition of sales and compensating use taxes by the county of Albany
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Clause 10 of subparagraph (i) of the opening paragraph of section 1210 of the tax law, as amended by chapter 302 of the laws of 2015, is amended to read as follows:
(10) the county of Albany is hereby further authorized and empowered to adopt and amend local laws, ordinances or resolutions imposing such taxes at a rate which is one percent additional to the three percent rate authorized above in this paragraph for such county for the period beginning September first, nineteen hundred ninety-two and ending November thirtieth, two thousand [seventeen] nineteen;
§ 2. Notwithstanding any inconsistent provision of law, if the county of Albany imposes the additional one percent rate of sales and compensating use taxes authorized by section one of this act for any portion of the period during which the county is so authorized to impose such additional one percent rate of such taxes, then such county of Albany shall allocate and distribute quarterly to the cities and the area in the county outside the cities the same proportion of net collections attributable to such additional one percent rate of such taxes as such county is allocating and distributing the net collections from the county's three percent rate of such taxes as of the date this act shall have become a law, and such portion of net collections attributable to such additional one percent rate of such taxes shall be allocated and
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11149-01-7
S. 5759 2 A. 7496
distributed to the towns and villages in such county in the same manner as the net collections attributable to such county's three percent rate of such taxes are allocated and distributed to such towns and villages as of the date this act shall have become a law. In the event that any city in the county of Albany exercises its prior right to impose tax pursuant to section 1224 of the tax law, then the county of Albany shall not be required to allocate and distribute net collections in accordance with the previous sentence for any period of time during which any such city tax is in effect.
§ 3. This act shall take effect immediately.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.