Bill
S 855
Overview: S 855, Relates to extending the authorization for Ontario county to impose additional rates of sales and compensating use taxes, SIGNED CHAP.255, Introduced March 05, 202
Overview: S 855, Relates to extending the authorization for Ontario county to impose additional rates of sales and compensating use taxes, SIGNED CHAP.255, Introduced March 05, 2025
Purpose and Intent: This bill extends the authorization for Ontario County, New York, to impose additional rates of sales and compensating use taxes. The additional tax rates were previously authorized to help the county address budgetary challenges and fund essential public services.
Key Provisions:
- Extends the authorization for Ontario County to impose an additional 1% sales tax and 1% compensating use tax until November 30, 2027
- Allows the county to continue using the additional tax revenue to support its general fund and provide property tax relief
Affected Parties and Impacts: The bill directly affects residents and businesses in Ontario County, New York, who will continue to pay the additional sales and use tax rates. The additional revenue generated by these taxes will benefit the county's budget and potentially provide property tax relief for local taxpayers.
Procedural and Timeline Considerations: The bill has been signed into law by the Governor of New York, extending the county's authorization to impose the additional tax rates until November 30, 2027. No further legislative action is required at this time.
Compiled from official sources — confirm details with the bill’s official record.
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