Bill Text: NY S04186 | 2011-2012 | General Assembly | Introduced


Bill Title: Extends from November 30, 2011 to November 30, 2013, the authorization granted to the county of Steuben to impose an additional one percent of sales and compensating use taxes.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-06-17 - SUBSTITUTED BY A6585 [S04186 Detail]

Download: New_York-2011-S04186-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 4186                                                  A. 6585
                              2011-2012 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                    March 22, 2011
                                      ___________
       IN  SENATE -- Introduced by Sen. O'MARA -- read twice and ordered print-
         ed, and when printed to be committed  to  the  Committee  on  Investi-
         gations and Government Operations
       IN  ASSEMBLY  --  Introduced  by  M.  of  A.  PALMESANO -- read once and
         referred to the Committee on Ways and Means
       AN ACT to amend the tax law, in relation to extending the  authorization
         of  the county of Steuben 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 26 of subparagraph (i) of the opening paragraph of
    2  section 1210 of the tax law, as amended by chapter 284 of  the  laws  of
    3  2009, is amended to read as follows:
    4    (26)  the county of Steuben 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  December first, nineteen hundred ninety-two and ending Novem-
    9  ber thirtieth, two thousand [eleven] THIRTEEN;
   10    S 2. Section 1262-h of the tax law, as amended by chapter 284  of  the
   11  laws of 2009, is amended to read as follows:
   12    S  1262-h.  Allocation  and  distribution  of net collections from the
   13  additional one percent rate of sales and compensating use taxes in Steu-
   14  ben county. Notwithstanding any provision of law to the contrary, of the
   15  net collections received by the county of Steuben as  a  result  of  the
   16  imposition  of  the  additional  one  percent  rate of tax authorized by
   17  section twelve hundred ten of this article (a) during the period  begin-
   18  ning  December  first, nineteen hundred ninety-three and ending November
   19  thirtieth, nineteen hundred ninety-four, the county of Steuben shall pay
   20  or cause to be paid to the city of Hornell the sum of two hundred  thou-
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10182-01-1
       S. 4186                             2                            A. 6585
    1  sand  dollars,  to the city of Corning the sum of three hundred thousand
    2  dollars, and the sum of five hundred thousand dollars to the  towns  and
    3  villages  of  the county of Steuben, on the basis of the ratio which the
    4  full  valuation  of  real  property in each town or village bears to the
    5  aggregate full valuation of real  property  in  all  of  the  towns  and
    6  villages  in such area. Of the net collections received by the county of
    7  Steuben as a result of the imposition of  said  additional  one  percent
    8  rate  of  tax  authorized  by section twelve hundred ten of this article
    9  during the period beginning December first, nineteen hundred ninety-four
   10  and ending November thirtieth, nineteen hundred ninety-five, the  county
   11  of  Steuben shall pay or cause to be paid to the city of Hornell the sum
   12  of three hundred thousand dollars, to the city of  Corning  the  sum  of
   13  four  hundred fifty thousand dollars, and the sum of seven hundred fifty
   14  thousand dollars to the towns and villages of the county of Steuben,  on
   15  the basis of the ratio which the full valuation of real property in each
   16  town  or  village bears to the aggregate full valuation of real property
   17  in all of the towns and villages in such area; and (b) during the period
   18  beginning December first, nineteen hundred ninety-five and ending Novem-
   19  ber thirtieth, two thousand seven, the county of Steuben shall  annually
   20  pay  or  cause to be paid to the city of Hornell the sum of five hundred
   21  fifty thousand dollars, to the city of Corning the sum  of  six  hundred
   22  thousand dollars, and the sum of seven hundred fifty thousand dollars to
   23  the  towns  and  villages  of the county of Steuben, on the basis of the
   24  ratio which the full valuation of real property in each town or  village
   25  bears  to  the  aggregate  full valuation of real property in all of the
   26  towns and villages in such area; and during the period beginning  Decem-
   27  ber  first,  two thousand seven and ending November thirtieth, two thou-
   28  sand nine, the county of Steuben shall annually pay or cause to be  paid
   29  to  the  city of Hornell the sum of six hundred ten thousand dollars, to
   30  the city of Corning the sum of six hundred fifty thousand  dollars,  and
   31  the  sum  of  seven  hundred  fifty  thousand  dollars  to the towns and
   32  villages of the county of Steuben, on the basis of the ratio  which  the
   33  full  valuation  of  real  property in each town or village bears to the
   34  aggregate full valuation of real  property  in  all  of  the  towns  and
   35  villages  in  such area; and during the period beginning December first,
   36  two thousand nine and ending November thirtieth,  two  thousand  eleven,
   37  the county of Steuben shall annually pay or cause to be paid to the city
   38  of Hornell the sum of seven hundred ten thousand dollars, to the city of
   39  Corning  the  sum  of seven hundred ten thousand dollars, and the sum of
   40  seven hundred fifty thousand dollars to the towns and  villages  of  the
   41  county of Steuben, on the basis of the ratio which the full valuation of
   42  real  property in each town or village bears to the aggregate full valu-
   43  ation of real property in all of the towns and villages  in  such  area;
   44  AND  DURING THE PERIOD BEGINNING DECEMBER FIRST, TWO THOUSAND ELEVEN AND
   45  ENDING NOVEMBER THIRTIETH, TWO THOUSAND THIRTEEN, THE COUNTY OF  STEUBEN
   46  SHALL ANNUALLY PAY OR CAUSE TO BE PAID TO THE CITY OF HORNELL THE SUM OF
   47  SEVEN  HUNDRED FORTY THOUSAND DOLLARS, TO THE CITY OF CORNING THE SUM OF
   48  SEVEN HUNDRED FORTY THOUSAND DOLLARS, AND THE SUM OF SEVEN HUNDRED FIFTY
   49  THOUSAND DOLLARS TO THE TOWNS AND VILLAGES OF THE COUNTY OF STEUBEN,  ON
   50  THE BASIS OF THE RATIO WHICH THE FULL VALUATION OF REAL PROPERTY IN EACH
   51  TOWN  OR  VILLAGE BEARS TO THE AGGREGATE FULL VALUATION OF REAL PROPERTY
   52  IN ALL OF THE TOWNS AND VILLAGES IN SUCH AREA.
   53    S 3. This act shall take effect immediately.
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