senate Bill S4095

Extends authorization of the county of Yates to impose an additional one percent of sales and compensating use taxes until November 30, 2011

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 09 / Apr / 2009
    • REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
  • 19 / May / 2009
    • 1ST REPORT CAL.409
  • 20 / May / 2009
    • 2ND REPORT CAL.
  • 26 / May / 2009
    • ADVANCED TO THIRD READING
  • 30 / Jun / 2009
    • SUBSTITUTED BY A7455

Summary

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Bill Details

See Assembly Version of this Bill:
A7455
Versions:
S4095
Legislative Cycle:
2009-2010
Law Section:
Tax Law

Sponsor Memo

BILL NUMBER: S4095

TITLE OF BILL :
An act to amend the tax law, in relation to extending the
authorization of the county of Yates to impose an additional one
percent of sales and compensating use taxes


PURPOSE :
To authorize the Yates County Legislature to continue to impose an
additional 1% sales tax for a 2 year period.

SUMMARY OF PROVISIONS :
The bill amends section 1210 of the tax law to authorize the County to
impose an additional 1% sales tax from the period November 30, 2009 to
November 30, 2011.

EXISTING LAW :
Section 1210(i) (30) of the tax law currently authorizes the
imposition of an additional 1% sales tax in Yates County from November
30, 2007 to November 30, 2009.

JUSTIFICATION :
The Yates County Legislature has passed a resolution requesting that
the New York State Legislature introduce and pass a bill to
re-authorize the county to impose an additional 1% sales and use tax
for the period November 30, 2009 through November 30, 2011. The
increase is necessary because Yates County is facing a fiscal crisis
due to escalating Medicaid costs. Yates County has determined that an
increase in the real property tax would unduly burden real property
owners and that a continuation of the sales tax increase is the
preferred method of raising revenue that the County needs to meet its
increasing financial commitments. The 1% tax is expected to generate
an additional 2 million dollars in new revenue per year to be used by
the County and municipalities to meet their obligations to residents.

LEGISLATIVE HISTORY :
New Bill.

FISCAL IMPLICATIONS :
None to the State.

LOCAL FISCAL IMPLICATIONS :
The County is expected to raise an additional 2 million per year In
new revenue.

EFFECTIVE DATE :
Immediately.
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 4095                                                  A. 7455

                       2009-2010 Regular Sessions

                      S E N A T E - A S S E M B L Y

                              April 9, 2009
                               ___________

IN  SENATE -- Introduced by Sen. WINNER -- 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. BACALLES -- read once and referred
  to the Committee on Ways and Means

AN  ACT to amend the tax law, in relation to extending the authorization
  of the county of Yates to impose an additional 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 30 of subparagraph (i) of the opening  paragraph  of
section  1210  of  the tax law, as amended by chapter 450 of the laws of
2007, is amended to read as follows:
  (30) the county of Yates 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, two thousand three, and ending November thir-
tieth, two thousand [nine] ELEVEN;
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11021-01-9

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