Extends the authority of Oneida county to impose additional rates of sales and compensating use taxes and to allocate and distribute a portion of net.

This bill amends the tax law to authorize Oneida county to impose additional rates of sales and compensating use taxes. It specifies that the county can impose a one percent additional rate on top of the existing three percent rate for certain periods. The bill also outlines the allocation and distribution of net collections from these additional tax rates, including a per capita basis distribution among towns and cities within the county. The first $1.5 million of net collections from the additional one percent rate will be dedicated to specific purposes. The bill takes effect immediately.

Extends the authority of Oneida county to impose additional rates of sales and compensating use taxes and to allocate and distribute a portion of net.

This bill amends the tax law to authorize Oneida county to impose additional rates of sales and compensating use taxes. It specifies that the county can impose a one percent additional rate on top of the existing three percent rate for certain periods. The bill also outlines the allocation and distribution of net collections from these additional tax rates, including a per capita basis distribution among towns and cities within the county. The first $1.5 million of net collections from the additional one percent rate will be dedicated to specific purposes. The bill takes effect immediately.