Extends from November 30, 2011 to November 30, 2013, the authorization granted to the county of Madison to impose an additional one percent of sales and compensating use taxes.
Ayes (61): Adams, Addabbo, Alesi, Avella, Ball, Bonacic, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Duane, Espaillat, Farley, Flanagan, Fuschillo, Gallivan, Gianaris, Golden, Griffo, Grisanti, Hannon, Hassell-Thomps, Huntley, Johnson, Kennedy, Klein, Krueger, Kruger, 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
Absent (1): Parker
TITLE OF BILL: An act to amend the tax law, in relation to extending the authorization of the county of Madison to impose an additional rate of sales and compensating use taxes
PURPOSE: This bill would allow Madison County to continue to add an additional one percent to its sales tax to meet its operating costs.
SUMMARY OF PROVISIONS: Amends Section 1210 of the Tax Law to authorize Madison County to continue to add an additional one percent sales tax to the present three percent rate until November 30, 2013.
JUSTIFICATION: The Madison County Board of Supervisors has requested authorization to continue its sales tax collection at four percent. This legislation authorizes Madison County to continue this increase which is essential to meet a balanced budget for governmental services.
LEGISLATIVE HISTORY: Extender - Chapter 290 of the Laws of 2009
FISCAL IMPLICATIONS: None to the state.
EFFECTIVE DATE: Immediately.
STATE OF NEW YORK ________________________________________________________________________ 4923 2011-2012 Regular Sessions IN SENATE April 29, 2011 ___________Introduced by Sen. VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to extending the authorization of the county of Madison to impose an additional rate 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 35 of subparagraph (i) of the opening paragraph of section 1210 of the tax law, as amended by chapter 290 of the laws of 2009, is amended to read as follows: (35) the county of Madison 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 June first, two thousand four, 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. LBD11147-01-1