Bill S5151-2013

Extends until November 30, 2015, the expiration of the additional 1% sales and compensating use taxes the county of Putnam is authorized to impose

Extends until November 30, 2015, the expiration of the additional 1% sales and compensating use taxes the county of Putnam is authorized to impose.

Details

Actions

  • Jun 21, 2013: SUBSTITUTED BY A7353
  • Jun 4, 2013: ADVANCED TO THIRD READING
  • Jun 3, 2013: 2ND REPORT CAL.
  • May 30, 2013: 1ST REPORT CAL.903
  • May 10, 2013: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Meetings

Calendars

Votes

VOTE: COMMITTEE VOTE: - Investigations and Government Operations - May 30, 2013
Ayes (7): Marcellino, Carlucci, Golden, Nozzolio, O'Mara, Hoylman, Squadron
Ayes W/R (1): Zeldin
Excused (1): Diaz

Memo

BILL NUMBER:S5151

PURPOSE OR GENERAL IDEA OF BILL:

The purpose of this legislation is to extend the imposition of sales and compensating use taxes in Putnam County.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 amends clause 39 of subparagraph (i) of section 1210 of the Tax Law.

(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 for the period beginning September 1, 2005 and ending August 31, 2007; and (ii) one percent additional to the three percent rate authorized above for the period beginning September 1, 2007 and ending November 30, 2015.

Section 2 states the effective date.

JUSTIFICATION:

The Putnam County Executive and board of Legislators have requested authorization to continue its sales tax collection by one additional percent to four percent. This is essential for the County to meet a balanced budget for governmental services.

PRIOR LEGISLATIVE HISTORY:

Extends Chapter 171 of the Laws of 2009

FISCAL IMPLICATIONS:

There is no fiscal implications to the State.

EFFECTIVE DATE:

This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 5151 2013-2014 Regular Sessions IN SENATE May 10, 2013 ___________
Introduced by COMMITTEE ON RULES -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to extending the expiration of the additional 1% sales and compensating use taxes in the county of Putnam 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 113 of the laws of 2011, 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 [thirteen] FIFTEEN; S 2. This act shall take effect immediately.

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