Extends the period for Herkimer County to impose additional sales and compensating use taxes to November 30, 2027.
New York Assembly Bill A06521 amends the tax law to extend the authorization for Herkimer County to impose additional sales and compensating use taxes. The bill allows the county to continue imposing these taxes at a rate of one-quarter of one percent until November 30, 2027. The net collections from these additional taxes will be used for county expenses, with any remaining funds deposited into the county's general fund. This extension aims to support ongoing county projects and infrastructure improvements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.