NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A6695
SPONSOR: Fahy TITLE OF BILL:
An act to amend the tax law, in relation to the imposition of sales and
compensating use taxes by the county of Albany
PURPOSE OR GENERAL IDEA OF BILL:
This bill will extend the expiration of the authorization for Albany
County to impose an additional one percent sales and compensating use
tax to Nbvember 30, 2025.
SUMMARY OF SPECIFIC PROVISIONS:
Section one this bill amends section 1210 of the tax law to extend the
authorization for Albany County to impose an additional one percent
sales tax above their statutory limit of three percent until November
30, 2025.
Section two provides the effective date.
JUSTIFICATION:
The Albany County Legislature has requested legislation that would
authorize the County to continue to impose an additional one percent
sales and Compensating use tax for the period through November 30, 2025.
PRIOR LEGISLATIVE HISTORY:
New bill.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
None to the State.
EFFECTIVE DATE:
This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
6695
2023-2024 Regular Sessions
IN ASSEMBLY
May 2, 2023
___________
Introduced by M. of A. FAHY -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the tax law, in relation to the imposition of sales and
compensating use taxes by the county of Albany
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Clause 10 of subparagraph (i) of the opening paragraph of
2 section 1210 of the tax law, as amended by section 1 of item A of
3 subpart C of part XXX of chapter 58 of the laws of 2020, is amended to
4 read as follows:
5 (10) the county of Albany is hereby further authorized and empowered
6 to adopt and amend local laws, ordinances or resolutions imposing such
7 taxes at a rate which is one percent additional to the three percent
8 rate authorized above in this paragraph for such county for the period
9 beginning September first, nineteen hundred ninety-two and ending Novem-
10 ber thirtieth, two thousand [twenty-three] twenty-five;
11 § 2. Notwithstanding any inconsistent provision of law, if the county
12 of Albany imposes the additional one percent rate of sales and compen-
13 sating use taxes authorized by section one of this act for any portion
14 of the period during which the county is so authorized to impose such
15 additional one percent rate of such taxes, then such county of Albany
16 shall allocate and distribute quarterly to the cities and the area in
17 the county outside the cities the same proportion of net collections
18 attributable to such additional one percent rate of such taxes as such
19 county is allocating and distributing the net collections from the coun-
20 ty's three percent rate of such taxes as of the date this act shall have
21 become a law, and such portion of net collections attributable to such
22 additional one percent rate of such taxes shall be allocated and
23 distributed to the towns and villages in such county in the same manner
24 as the net collections attributable to such county's three percent rate
25 of such taxes are allocated and distributed to such towns and villages
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10924-01-3
A. 6695 2
1 as of the date this act shall have become a law. In the event that any
2 city in the county of Albany exercises its prior right to impose tax
3 pursuant to section 1224 of the tax law, then the county of Albany shall
4 not be required to allocate and distribute net collections in accordance
5 with the previous sentence for any period of time during which any such
6 city tax is in effect.
7 § 3. This act shall take effect immediately.
