S 434: Extends certain provisions relating to additional sales tax imposed by the city of Yonkers.

  
  STATE OF NEW YORK ________________________________________________________________________ 434 2025-2026 Regular Sessions  IN SENATE (Prefiled) January 8, 2025 ___________ Introduced by Sen. STEWART-COUSINS -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to authorizing the city of Yonkers to impose additional sales tax; and to amend chapter 67 of the laws of 2015, amending the tax law relating to authorizing the city of Yonkers to impose additional sales tax, in relation to extending provisions relating thereto The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Clause 1 of subparagraph (ii) of the opening paragraph of 2 section 1210 of the tax law, as amended by chapter 178 of the laws of 3 2023, is amended to read as follows: 4 (1) the city of Yonkers 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: (a) one percent additional to the three 7 percent rate authorized above in this paragraph for such city; and (b) 8 one-half of one percent in addition to the other rates authorized in 9 this paragraph for such city for the period beginning September first, 10 two thousand fifteen and ending November thirtieth, two thousand [twen- 11 ty-five] twenty-seven; 12 § 2. Section 7 of chapter 67 of the laws of 2015, amending the tax law 13 relating to authorizing the city of Yonkers to impose additional sales 14 tax, as amended by chapter 178 of the laws of 2023, is amended to read 15 as follows: 16 § 7. This act shall take effect immediately and shall expire and be 17 deemed repealed November 30, [2025] 2027. 18 § 3. This act shall take effect immediately; provided, however, that 19 the amendments to clause 1 of subparagraph (ii) of the opening paragraph 20 of section 1210 of the tax law made by section one of this act shall not 21 affect the expiration and reversion of such clause and shall be deemed 22 expired therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01433-01-5