Extends the one percent increased county sales tax for Putnam county, the official text

S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7540--A
     Cal. No. 880
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              April 22, 2025
                                ___________
 
 Introduced by Sens. HARCKHAM, ROLISON -- read twice and ordered printed,
   and  when  printed  to be committed to the Committee on Investigations
   and Government Operations -- reported favorably from  said  committee,
   ordered  to  first  and  second  report,  ordered  to a third reading,
   amended and ordered reprinted, retaining its place  in  the  order  of
   third reading
 
 AN  ACT  to  amend the tax law, in relation to extending the one percent
   increased county sales tax for Putnam county
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Clause 39 of subparagraph (i) of the opening paragraph of
 section 1210 of the tax law, as amended by chapter 238 of  the  laws  of
 2023, is amended to read as follows:
   (39)  the  county of Putnam is hereby further authorized and empowered
 to adopt and amend local laws, ordinances or resolutions  imposing  such
 taxes  at  a rate that is: (i) one-half of one percent additional to the
 three percent rate authorized above in this paragraph  for  such  county
 for  the  period beginning September first, two thousand five and ending
 August thirty-first, two thousand seven; and (ii) one percent additional
 to the three percent rate authorized above in this  paragraph  for  such
 county  for the period beginning September first, two thousand seven and
 ending November thirtieth, two thousand [twenty-five] TWENTY-SEVEN;
   § 2. The tax law is amended by adding a new section 1262-w to read  as
 follows:
   §  1262-W.  DISPOSITION OF NET COLLECTIONS FROM THE ADDITIONAL RATE OF
 SALES AND COMPENSATING USE TAX IN THE COUNTY OF PUTNAM.  NOTWITHSTANDING
 ANY CONTRARY PROVISION OF LAW, IF THE COUNTY OF PUTNAM IMPOSES THE ADDI-
 TIONAL  ONE  PERCENT RATE OF SALES AND COMPENSATING USE TAXES AUTHORIZED
 BY SECTION TWELVE HUNDRED TEN OF THIS ARTICLE FOR ALL OR ANY PORTION  OF
 THE  PERIOD  BEGINNING  SEPTEMBER  FIRST,  TWO THOUSAND SEVEN AND ENDING
 NOVEMBER THIRTIETH, TWO THOUSAND TWENTY-SEVEN, THE COUNTY SHALL ALLOCATE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11653-07-5
 S. 7540--A                          2
 
 ONE-NINTH OF THE NET COLLECTIONS FROM THE ADDITIONAL ONE PERCENT TO  THE
 TOWNS  AND VILLAGES IN THE COUNTY ON THE BASIS OF THEIR RESPECTIVE POPU-
 LATIONS, DETERMINED IN ACCORDANCE  WITH  THE  LATEST  DECENNIAL  FEDERAL
 CENSUS.  EACH  TOWN AND VILLAGE WITHIN THE COUNTY SHALL RECEIVE AT MINI-
 MUM, A SUM OF FIFTY THOUSAND DOLLARS ANNUALLY AND SHALL USE SUCH REVENUE
 FOR PUBLIC PROJECTS LIMITED TO LOCAL INFRASTRUCTURE PROJECTS AND CAPITAL
 IMPROVEMENTS.
   § 3. This act shall take effect immediately.