Extends the authorization for Chautauqua county to impose an additional one percent rate of sales and compensating use taxes until November 30, 2027.

New York S07149 extends the authorization for Chautauqua county to impose an additional one percent rate of sales and compensating use taxes until November 30, 2027. The bill specifies how the net collections from these additional taxes should be allocated. Three-twentieths of the net collections should be allocated to cities, towns, and villages in the county based on their populations. The remainder should be used to pay for Medicaid and other expenses, local road and bridge projects, capital projects, and to repay debts for capital projects not covered by mortgage recording tax revenue.

Extends the authorization for Chautauqua county to impose an additional one percent rate of sales and compensating use taxes until November 30, 2027.

New York S07149 extends the authorization for Chautauqua county to impose an additional one percent rate of sales and compensating use taxes until November 30, 2027. The bill specifies how the net collections from these additional taxes should be allocated. Three-twentieths of the net collections should be allocated to cities, towns, and villages in the county based on their populations. The remainder should be used to pay for Medicaid and other expenses, local road and bridge projects, capital projects, and to repay debts for capital projects not covered by mortgage recording tax revenue.