Extends the authorization of the county of Steuben to impose an additional one percent of sales and compensating use taxes through November 30, 2027.

The bill amends the tax law to extend the authorization of the county of Steuben to impose an additional one percent of sales and compensating use taxes through November 30, 2027. It modifies the allocation and distribution of net collections from the additional one percent rate of tax. The county of Steuben will pay specific sums to the city of Hornell, the city of Corning, and the towns and villages of the county of Steuben based on the ratio of the full valuation of real property in each town or village to the aggregate full valuation of real property in all of the towns and villages in.

Extends the authorization of the county of Steuben to impose an additional one percent of sales and compensating use taxes through November 30, 2027.

The bill amends the tax law to extend the authorization of the county of Steuben to impose an additional one percent of sales and compensating use taxes through November 30, 2027. It modifies the allocation and distribution of net collections from the additional one percent rate of tax. The county of Steuben will pay specific sums to the city of Hornell, the city of Corning, and the towns and villages of the county of Steuben based on the ratio of the full valuation of real property in each town or village to the aggregate full valuation of real property in all of the towns and villages in.