Bill Text: NY A07863 | 2015-2016 | General Assembly | Introduced

New York Assembly Bill 7863 (Prior Session Legislation)

Introduced

Bill Title: Extends from November 30, 2015 until November 30, 2017, the expiration of the authority of the county of Suffolk to impose an additional 1% of sales and compensating use taxes.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2015-06-25 - substituted by s5671 [A07863 Detail]

Download: New_York-2015-A07863-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7863
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 28, 2015
                                      ___________
       Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
         Committee on Ways and Means
       AN ACT to amend the tax law, in relation to extending the  authority  of
         the county of Suffolk to impose an additional one percent of 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 14 of subparagraph (i) of the opening  paragraph  of
    2  section  1210  of  the tax law, as amended by chapter 225 of the laws of
    3  2013, is amended to read as follows:
    4    (14) the county of Suffolk is hereby further authorized and  empowered
    5  to  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 for the period
    8  beginning June first, two thousand one and  ending  November  thirtieth,
    9  two thousand [fifteen] SEVENTEEN;
   10    S  2.  Subdivision (c) of section 1262-j of the tax law, as amended by
   11  chapter 225 of the laws of 2013, is amended to read as follows:
   12    (c) Notwithstanding any provision of law to the contrary, of  the  net
   13  collections  received  by  the  county  of  Suffolk  as  a result of the
   14  increase of one percent to the tax authorized by section twelve  hundred
   15  ten  of  this  article for the period beginning June first, two thousand
   16  one and ending November thirtieth,  two  thousand  [fifteen]  SEVENTEEN,
   17  imposed  by local laws or resolutions (by simple majority) by the county
   18  legislature, and signed by the county executive, the county  of  Suffolk
   19  shall  allocate such net collections as follows: no less than one-eighth
   20  and no more than three-eighths of such net collections received shall be
   21  dedicated for public safety purposes and the balance shall be  deposited
   22  in the general fund of the county of Suffolk.
   23    S 3. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11234-01-5