Narrative of Resolution:
titleAmendend
Request a sales tax extension to sunset November 30, 2025
body
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RESOLUTION NO. INTRODUCED BY THE SULLIVAN COUNTY LEGISLATURE TO RESCIND RESOLUTION 73-23 AND REQUEST THE ADOPTION OF NEW YORK STATE SENATE BILL S. 5501 AND NEW YORK STATE ASSEMBLY BILL A. 3233 AUTHORIZING THE EXTENSION OF NEW YORK STATE TAX LAW ?1210(i)(33) WHICH AUTHORIZED AN INCREASE TO THE THREE PERCENT RATE AUTHORIZED BY STATE TAX LAW FOR THE PERIOD BEGINNING DECEMBER 1, 2023AND ENDING NOVEMBER 30, 2025, FOR A TOTAL SALES TAX RATE OF 8%, 4%OF WHICH WOULD BE REVENUE FOR SULLIVAN COUNTY
WHEREAS, the Sullivan County Legislature has requested that the New York State Legislature adopt Home Rule Legislation that would authorize the extension of the current sales tax rate in the County of Sullivan which is presently 8%, 4% of which is revenue for Sullivan County; and
WHEREAS, pursuant to State Tax Law ?1210(i)(33) the New York State Legislature previously authorized Home Rule Legislation that approved two increases in sales tax in the County of Sullivan; the first, by one half percent (1/2 %) from seven percent (7%) to seven and one half percent (7 1/2%) and the second, an additional one half percent (1/2 %) from seven and one half percent (7 1/2 %) to eight percent (8%). Four percent (4%) of the eight percent (8%) is currently revenue for Sullivan County; and
WHEREAS, both of the one-half of one percent increases in the sales tax are set to sunset or expire on November 30, 2023; and
WHEREAS, the Sullivan County Legislature desires to extend the current sales tax rate until November 30, 2025; and
WHEREAS, the County of Sullivan is dealing with significant losses of revenue due to the current e...
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