WeVote
Log In

Bill

Bill

S 5560

Extends the period during which the city of White Plains is authorized to impose an additional sales and compensating use tax

2025 Regular Session Introduced by Shelley Mayer

Bill S 5560 extends White Plains' authority to impose an additional sales tax, ensuring ongoing revenue for local services and impacting businesses and consumers.

SUBSTITUTED BY A4533
0
WeVote Research Nonpartisan
Bill Summary · S 5560

Summary of Bill S 5560

Bill Information

  • Bill Number: S 5560
  • Title: Extends the period during which the city of White Plains is authorized to impose an additional sales and compensating use tax
  • Status: Substituted by A4533
  • Introduced: February 25, 2025
  • Classification: Bill

Purpose and Intent

Bill S 5560 aims to extend the authorization for the city of White Plains to impose an additional sales and compensating use tax. This extension is intended to provide the city with continued financial resources to support local services and infrastructure.

Key Provisions

  • Extension of Tax Authority: The bill seeks to prolong the period during which White Plains can levy an additional sales tax. The specific duration of the extension is not detailed in the provided information but is a critical aspect of the bill.
  • Compensating Use Tax: Alongside the sales tax, the bill also addresses the compensating use tax, which is typically applied to goods purchased outside the city but used within it. This measure is designed to ensure that local businesses remain competitive while generating revenue for the city.

Affected Parties

  • City of White Plains: The primary beneficiary of this bill is the city itself, which would gain continued revenue from the additional tax.
  • Local Businesses and Consumers: The imposition of an additional sales tax may affect local businesses and consumers, as it could influence purchasing decisions and overall economic activity within the city.

Legislative Process and Timeline

  • Introduced: The bill was introduced on February 25, 2025, and referred to the Committee on Investigations and Government Operations.
  • Committee Actions: On April 17, 2025, the bill was discharged from the committee and committed to the Rules Committee, indicating it was moving forward in the legislative process.
  • Third Reading: The bill was ordered to a third reading on April 17, 2025, which is a significant step toward potential passage.
  • Substitution: On April 22, 2025, S 5560 was substituted by A4533, a companion bill that likely contains similar provisions or objectives.

Related Bills

  • S 3501: A prior-session bill that may have addressed similar issues.
  • S 5622: Another prior-session bill potentially related to tax authority or local governance.
  • A 4533: The companion bill that has substituted S 5560, which may include updated or refined provisions regarding the sales and compensating use tax.

Conclusion

Bill S 5560 represents an important legislative effort to secure ongoing financial resources for the city of White Plains through the extension of additional sales and compensating use taxes. As the bill progresses through the legislative process, stakeholders, including local businesses and residents, will be closely monitoring its implications for the community's economic landscape.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.