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This entry was published on 2023-08-04
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SECTION 1262-H
Allocation and distribution of net collections from the additional one percent rate of sales and compensating use taxes in Steuben county
Tax (TAX) CHAPTER 60, ARTICLE 29, PART 4
§ 1262-h. Allocation and distribution of net collections from the
additional one percent rate of sales and compensating use taxes in
Steuben county. Notwithstanding any provision of law to the contrary, of
the net collections received by the county of Steuben as a result of the
imposition of the additional one percent rate of tax authorized by
section twelve hundred ten of this article (a) during the period
beginning December first, nineteen hundred ninety-three and ending
November thirtieth, nineteen hundred ninety-four, the county of Steuben
shall pay or cause to be paid to the city of Hornell the sum of two
hundred thousand dollars, to the city of Corning the sum of three
hundred thousand dollars, and the sum of five hundred thousand dollars
to the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area. Of the net collections received by the
county of Steuben as a result of the imposition of said additional one
percent rate of tax authorized by section twelve hundred ten of this
article during the period beginning December first, nineteen hundred
ninety-four and ending November thirtieth, nineteen hundred ninety-five,
the county of Steuben shall pay or cause to be paid to the city of
Hornell the sum of three hundred thousand dollars, to the city of
Corning the sum of four hundred fifty thousand dollars, and the sum of
seven hundred fifty thousand dollars to the towns and villages of the
county of Steuben, on the basis of the ratio which the full valuation of
real property in each town or village bears to the aggregate full
valuation of real property in all of the towns and villages in such
area; and (b) during the period beginning December first, nineteen
hundred ninety-five and ending November thirtieth, two thousand seven,
the county of Steuben shall annually pay or cause to be paid to the city
of Hornell the sum of five hundred fifty thousand dollars, to the city
of Corning the sum of six hundred thousand dollars, and the sum of seven
hundred fifty thousand dollars to the towns and villages of the county
of Steuben, on the basis of the ratio which the full valuation of real
property in each town or village bears to the aggregate full valuation
of real property in all of the towns and villages in such area; and
during the period beginning December first, two thousand seven and
ending November thirtieth, two thousand nine, the county of Steuben
shall annually pay or cause to be paid to the city of Hornell the sum of
six hundred ten thousand dollars, to the city of Corning the sum of six
hundred fifty thousand dollars, and the sum of seven hundred fifty
thousand dollars to the towns and villages of the county of Steuben, on
the basis of the ratio which the full valuation of real property in each
town or village bears to the aggregate full valuation of real property
in all of the towns and villages in such area; and during the period
beginning December first, two thousand nine and ending November
thirtieth, two thousand eleven, the county of Steuben shall annually pay
or cause to be paid to the city of Hornell the sum of seven hundred ten
thousand dollars, to the city of Corning the sum of seven hundred ten
thousand dollars, and the sum of seven hundred fifty thousand dollars to
the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area; and during the period beginning
December first, two thousand eleven and ending November thirtieth, two
thousand thirteen, the county of Steuben shall annually pay or cause to
be paid to the city of Hornell the sum of seven hundred forty thousand
dollars, to the city of Corning the sum of seven hundred forty thousand
dollars, and the sum of seven hundred fifty thousand dollars to the
towns and villages of the county of Steuben, on the basis of the ratio
which the full valuation of real property in each town or village bears
to the aggregate full valuation of real property in all of the towns and
villages in such area; and during the period beginning December first,
two thousand thirteen and ending November thirtieth, two thousand
fifteen, the county of Steuben shall annually pay or cause to be paid to
the city of Hornell the sum of seven hundred sixty-five thousand
dollars, to the city of Corning the sum of seven hundred sixty-five
thousand dollars, and the sum of seven hundred fifty thousand dollars to
the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area; and during the period beginning
December first, two thousand fifteen and ending November thirtieth, two
thousand seventeen, the county of Steuben shall annually pay or cause to
be paid to the city of Hornell the sum of seven hundred sixty-five
thousand dollars, to the city of Corning the sum of seven hundred
sixty-five thousand dollars, and the sum of seven hundred fifty thousand
dollars to the towns and villages of the county of Steuben, on the basis
of the ratio which the full valuation of real property in each town or
village bears to the aggregate full valuation of real property in all of
the towns and villages in such area; and during the period beginning
December first, two thousand seventeen and ending November thirtieth,
two thousand twenty, the county of Steuben shall annually pay or cause
to be paid to the city of Hornell the sum of seven hundred eighty
thousand dollars, to the city of Corning the sum of seven hundred eighty
thousand dollars, and the sum of seven hundred fifty thousand dollars to
the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area; and during the period beginning
December first, two thousand twenty and ending November thirtieth, two
thousand twenty-three, the county of Steuben shall annually pay or cause
to be paid to the city of Hornell the sum of eight hundred twenty
thousand dollars, to the city of Corning the sum of eight hundred twenty
thousand dollars, and the sum of seven hundred ninety thousand dollars
to the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area; and during the period beginning
December first, two thousand twenty-three and ending November thirtieth,
two thousand twenty-five, the county of Steuben shall annually pay or
cause to be paid to the city of Hornell the sum of eight hundred fifty
thousand dollars, to the city of Corning the sum of eight hundred fifty
thousand dollars, and the sum of eight hundred fifty thousand dollars to
the towns and villages of the county of Steuben, on the basis of the
ratio which the full valuation of real property in each town or village
bears to the aggregate full valuation of real property in all of the
towns and villages in such area.