![]() | RESOLUTION NO. 168 of 2017 DATED: June 27, 2017 |
RESOLUTION SUPPORTING ASSEMBLY BILL A07935 WHICH ENACTS LEGISLATION TO EXTEND CERTAIN PROVISIONS OF THE TAX LAW AND OTHER LAWS RELATING THERETO; RELATES TO EXTENDING FOR TWO YEARS THE AUTHORIZATION OF ADDITIONAL SALES AND USE TAX FOR THE COUNTY OF MONTGOMERY FROM NOVEMBER 30, 2017 UNTIL NOVEMBER 30, 2019
| Seconded by: | Purtell |
WHEREAS, in 2003 the NYS Legislature empowered the County of Montgomery to raise an additional 1% sales tax; and
WHEREAS, such authorization is due to expire November 30, 2017; and
WHEREAS, this additional sales tax revenue has been critical to the fiscal well-being of Montgomery County; and
WHEREAS, Assembly Bill A07935 would extend certain provisions of the tax law to extend authorization of additional sales and use tax for the County of Montgomery from November 20, 2017 until November 30, 2019.
RESOLVED, that the Montgomery County Legislature hereby supports and advocates for the passage of A07935 and a Senate Bill amending sections of the NYS Tax Law to reauthorize the additional 1% sales tax through November 30, 2019.
RESOLUTION VOTE, passed with Aye(8). Legislator Sweet was absent. (6/27/2017)
I. Nature of Request:
RESOLUTION SUPPORTING ASSEMBLY BILL A07935 WHICH ENACTS LEGISLATION TO EXTEND CERTAIN PROVISIONS OF THE TAX LAW AND OTHER LAWS RELATING THERETO; RELATES TO EXTENDING FOR TWO YEARS THE AUTHORIZATION OF ADDITIONAL SALES AND USE TAX FOR THE COUNTY OF MONTGOMERY FROM NOVEMBER 30, 2017 UNTIL NOVEMBER 30, 2019
II. Justification:
This additional sales tax revenue is critical to the fiscal well-being of Montgomery County
III. Legislative Impact:
Pursuant to Article 2 of the Charter the Montgomery County Legislature is the has the authority to exercise all powers of local legislation.
IV. Financial Impact:
There should be no financial impact to Montgomery County for passing this resolution.
cc: | County Clerk County Treasurer |
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