Extends the expiration date of the personal income tax surcharge imposed by the city of Yonkers.

This bill amends the tax law to extend the expiration date of the personal income tax surcharge imposed by the city of Yonkers. The surcharge, which is limited to a rate not exceeding 19.25% of the net state tax, applies to taxable years beginning after 1983 and before 2026. The bill also specifies the conditions under which amendments to the local law can take effect, including mailing a certified copy to the commissioner.

Extends the expiration date of the personal income tax surcharge imposed by the city of Yonkers.

This bill amends the tax law to extend the expiration date of the personal income tax surcharge imposed by the city of Yonkers. The surcharge, which is limited to a rate not exceeding 19.25% of the net state tax, applies to taxable years beginning after 1983 and before 2026. The bill also specifies the conditions under which amendments to the local law can take effect, including mailing a certified copy to the commissioner.