Bill Text: NY A06603 | 2015-2016 | General Assembly | Amended


Bill Title: Relates to extending the authority of the county of Ulster to impose an additional 1 percent sales and compensating use tax.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-06-24 - substituted by s4695 [A06603 Detail]

Download: New_York-2015-A06603-Amended.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        6603--A
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                    March 27, 2015
                                      ___________
       Introduced  by  M.  of  A.  SKARTADOS  --  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 and chapter 200 of the laws of 2002 amending
         the  tax  law  relating  to certain tax rates imposed by the county of
         Ulster, in relation to extending the authority of the county of Ulster
         to impose an additional 1 percent sales and compensating use tax
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Clause  7 of subparagraph (i) of the opening paragraph of
    2  section 1210 of the tax law, as amended by chapter  2  of  the  laws  of
    3  2014, is amended to read as follows:
    4    (7) the county of Ulster is hereby further authorized and empowered to
    5  adopt  and  amend  local  laws,  ordinances or resolutions imposing such
    6  taxes at a rate which is one percent additional  to  the  three  percent
    7  rate  authorized  above  in this paragraph for such county [(i)] for the
    8  period beginning September first, two thousand two and  ending  November
    9  thirtieth,  two  thousand  [thirteen  and  (ii) for the period beginning
   10  February first, two thousand fourteen, and ending December thirty-first,
   11  two thousand fourteen and (iii) for the period beginning January  first,
   12  two  thousand  fifteen  and  ending  November  thirtieth,  two  thousand
   13  fifteen] SEVENTEEN;
   14    S 2.  Section 3 of chapter 200 of the laws of 2002  amending  the  tax
   15  law  relating  to  certain tax rates imposed by the county of Ulster, as
   16  amended by chapter 2 of the laws of 2014, is amended to read as follows:
   17    S 3. If, pursuant to the authority of this act, the county  of  Ulster
   18  imposes  sales  and  compensating use taxes at a rate greater than three
   19  percent for all or any portion of the  period  commencing  September  1,
   20  2002,  and  ending  November  30, [2015] 2017, net collections from such
   21  additional rate of tax imposed during such period shall be deemed to be,
   22  and shall be included in,  net  collections  subject  to  such  county's
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10130-02-5
       A. 6603--A                          2
    1  existing  agreement  with  the city of Kingston entered into pursuant to
    2  subdivision (c) of section 1262 of the tax law and such net  collections
    3  shall be allocated in accordance with such agreement.
    4    S 3. This act shall take effect immediately.
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