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

New York S06046 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. The bill specifies the allocation and distribution of net collections from these additional taxes, directing the county to pay certain sums to the cities of Hornell and Corning, as well as to the towns and villages of Steuben County, 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 towns and villages in the county.

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

New York S06046 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. The bill specifies the allocation and distribution of net collections from these additional taxes, directing the county to pay certain sums to the cities of Hornell and Corning, as well as to the towns and villages of Steuben County, 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 towns and villages in the county.