Extends from November 30, 2011 to November 30, 2013, the expiration of the authority of the county of Franklin to impose an additional 1% sales and compensating use tax.
Ayes (59): Adams, Addabbo, Alesi, Avella, Ball, Bonacic, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Duane, Espaillat, Farley, Flanagan, Fuschillo, Gallivan, Gianaris, Golden, Griffo, Grisanti, Hannon, Huntley, Johnson, Kennedy, Klein, Krueger, Lanza, Larkin, LaValle, Libous, Little, Marcellino, Martins, Maziarz, McDonald, Montgomery, Nozzolio, O'Mara, Oppenheimer, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Saland, Sampson, Savino, Serrano, Seward, Skelos, Smith, Squadron, Stavisky, Stewart-Cousin, Valesky, Young, Zeldin
Nays (1): Parker
Excused (2): Hassell-Thomps, Kruger
TITLE OF BILL: An act to amend the tax law, in relation to extending the expiration of the authority granted to the county of Franklin to impose an additional one percent of sales and compensating use taxes
PURPOSE: Extends the expiration of the authority of the county of Franklin to impose an additional 1% sales and compensating use tax.
SUMMARY OF PROVISIONS: Section 1 amends Clause 40 of subparagraph (i) of the opening paragraph of section 1210 of the tax law, as amended by chapter 127 of the laws of 2009 to extend authorization to November 13, 2013.
EXISTING LAW: Currently Franklin county is authorized to charge an additional 1% sales and compensating use tax until November 13, 2011.
JUSTIFICATION: Franklin County has requested a continuation of their current authorization from the legislature to impose an additional one percent sales and compensating use tax above the standard three percent rate. Revenues from the additional tax will assist Franklin County in providing essential services, while maintaining a balanced budget.
LEGISLATIVE HISTORY: New Bill.
FISCAL IMPLICATIONS: None to the State.
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ S. 4188 A. 6583 2011-2012 Regular Sessions S E N A T E - A S S E M B L Y March 22, 2011 ___________IN SENATE -- Introduced by Sen. LITTLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Investi- gations and Government Operations IN ASSEMBLY -- Introduced by M. of A. DUPREY -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to extending the expiration of the authority granted to the county of Franklin to impose an addi- tional one percent of sales and compensating use taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Clause 40 of subparagraph (i) of the opening paragraph of section 1210 of the tax law, as amended by chapter 127 of the laws of 2009, is amended to read as follows: (40) the county of Franklin is hereby further authorized and empowered to adopt and amend local laws, ordinances or resolutions imposing such taxes at a rate that is one percent additional to the three percent rate authorized above in this paragraph for such county for the period begin- ning June first, two thousand six and ending November thirtieth, two thousand
[eleven]THIRTEEN; S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10341-01-1