New York S10027 authorizes the county of Herkimer to deposit additional sales and compensating use taxes into the county's general fund.

New York S10027 amends the tax law to allow the county of Herkimer to deposit additional sales and compensating use taxes into the county's general fund. Previously, these additional taxes were required to be deposited in a special fund for correctional facility construction expenses. Now, any remaining net collections from these additional taxes, after construction expenses are paid, can be deposited into the general fund for any county purpose. This change takes effect immediately.

New York S10027 authorizes the county of Herkimer to deposit additional sales and compensating use taxes into the county's general fund.

New York S10027 amends the tax law to allow the county of Herkimer to deposit additional sales and compensating use taxes into the county's general fund. Previously, these additional taxes were required to be deposited in a special fund for correctional facility construction expenses. Now, any remaining net collections from these additional taxes, after construction expenses are paid, can be deposited into the general fund for any county purpose. This change takes effect immediately.