Extends the county of Westchester's additional one percent rate of sales and compensating use tax until November 30th, 2027.

New York A06427 extends the county of Westchester's additional one percent rate of sales and compensating use tax until November 30th, 2027. The bill amends the tax law to revise the period of authorization for this tax. It also modifies the Westchester county spending limitation act to establish an annual spending limitation for county fiscal years 1992 through 2027. The spending limitation is derived from a fixed percentage reflecting the ratio of base year spending to county personal income.

Extends the county of Westchester's additional one percent rate of sales and compensating use tax until November 30th, 2027.

New York A06427 extends the county of Westchester's additional one percent rate of sales and compensating use tax until November 30th, 2027. The bill amends the tax law to revise the period of authorization for this tax. It also modifies the Westchester county spending limitation act to establish an annual spending limitation for county fiscal years 1992 through 2027. The spending limitation is derived from a fixed percentage reflecting the ratio of base year spending to county personal income.