Extends the authorization granted to the county of Franklin to impose an additional one percent of sales and compensating use taxes until November 30th, 2025.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A5339A
SPONSOR: Jones TITLE OF BILL:
An act to amend the tax law, in relation to extending the authorization
granted to the county of Franklin to impose an additional one percent of
sales and compensating use taxes
PURPOSE:
To extend Franklin County's authorization for its additional sales and
compensating tax for an additional two years.
SUMMARY OF PROVISIONS:
Section 1- Amends clause 40 of subparagraph (i) of the opening paragraph
of section 1210 of the tax law authorizing Franklin County to extend its
additional one-percent sales and compensating tax until Nov. 30, 2025.
Section 2 - Provides effective date
JUSTIFICATION:
For years, Franklin County has implemented an additional one-percent
sales tax to continue to adequately fund the necessary programs and
operations of the county government. New York State has previously
granted Franklin County the authority for this sales tax increase that
is set to expire on December 1, 2023. On Feb. 2, 2023, the Franklin
County board voted unanimously to approve a resolution seeking legis-
lation that would extend its authority to impose an additional one-per-
cent sales tax which is necessary for them to continue their operations.
LEGISLATIVE HISTORY:
New Bill
FISCAL IMPLICATIONS:
None to the state
EFFECTIVE DATE:
STATE OF NEW YORK
________________________________________________________________________
5339--A
2023-2024 Regular Sessions
IN ASSEMBLY
March 7, 2023
___________
Introduced by M. of A. JONES -- read once and referred to the Committee
on Ways and Means -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
AN ACT to amend the tax law, in relation to extending the authorization
granted to the county of Franklin to impose an additional one percent
of sales and compensating use taxes
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Clause 40 of subparagraph (i) of the opening paragraph of
2 section 1210 of the tax law, as amended by section 1 of item P of
3 subpart C of part XXX of chapter 58 of the laws of 2020, is amended to
4 read as follows:
5 (40) the county of Franklin is hereby further authorized and empowered
6 to adopt and amend local laws, ordinances or resolutions imposing such
7 taxes at a rate that is one percent additional to the three percent rate
8 authorized above in this paragraph for such county for the period begin-
9 ning June first, two thousand six and ending November thirtieth, two
10 thousand [twenty-three] twenty-five;
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00339-02-3
