NY Tax L § 1262-O (2021)
2021 New York Laws TAX - Tax Article 29 - Taxes Authorized for Cities, Counties and School Districts Part 4 - Disposition of Revenues 1262-O - Disposition of Net Collections From the Additional Rate of Sales and Compensating Use Taxes in the County of Chautauqua.

§  1262-o.  Disposition of net collections from the additional rate of   sales  and  compensating  use  taxes  in  the  county   of   Chautauqua.   Notwithstanding  any  contrary  provision  of  law,  if  the  county  of   Chautauqua imposes the additional one and one-quarter  percent  rate  of   sales  and  compensating  use taxes authorized by section twelve hundred   ten of this article for all or any portion of the period beginning March   first, two thousand five and ending August  thirty-first,  two  thousand   six,  the additional one percent rate authorized by such section for all   or any of the period beginning September first,  two  thousand  six  and   ending   November   thirtieth,   two   thousand  seven,  the  additional   three-quarters of one percent rate authorized by such section for all or   any of the period beginning  December  first,  two  thousand  seven  and   ending  November  thirtieth, two thousand ten, the county shall allocate   one-fifth of the net collections from the additional  three-quarters  of   one percent to the cities, towns and villages in the county on the basis   of  their  respective  populations,  determined  in  accordance with the   latest decennial federal  census  or  special  population  census  taken   pursuant  to  section  twenty of the general municipal law completed and   published prior to the end of the quarter for which  the  allocation  is   made,  and  allocate  the  remainder  of  the  net  collections from the   additional three-quarters of one percent as  follows:  (1)  to  pay  the   county's  expenses  for Medicaid and other expenses required by law; (2)   to pay for local road and bridge  projects;  (3)  for  the  purposes  of   capital  projects  and  repaying  any  debts  incurred  for such capital   projects in the county of Chautauqua that are not otherwise paid for  by   revenue  received  from  the mortgage recording tax; and (4) for deposit   into a reserve fund for bonded indebtedness established pursuant to  the   general municipal law. Notwithstanding any contrary provision of law, if   the county of Chautauqua imposes the additional one-half percent rate of   sales  and  compensating  use  taxes  authorized  by such section twelve   hundred ten for all or any of the period beginning December  first,  two   thousand  ten  and  ending November thirtieth, two thousand fifteen, the   county shall allocate three-tenths  of  the  net  collections  from  the   additional  one-half of one percent to the cities, towns and villages in   the county on the basis of their respective populations,  determined  in   accordance   with   the  latest  decennial  federal  census  or  special   population census taken  pursuant  to  section  twenty  of  the  general   municipal  law  completed  and published prior to the end of the quarter   for which the allocation is made, and allocate the remainder of the  net   collections  from the additional one-half of one percent as follows: (1)   to pay the county's expenses for Medicaid and other expenses required by   law; (2) to pay for local road and bridge projects; (3) for the purposes   of capital projects and repaying any debts  incurred  for  such  capital   projects  in the county of Chautauqua that are not otherwise paid for by   revenue received from the mortgage recording tax; and  (4)  for  deposit   into  a reserve fund for bonded indebtedness established pursuant to the   general municipal law. Notwithstanding any contrary provision of law, if   the county of Chautauqua imposes the  additional  one  percent  rate  of   sales  and  compensating  use  taxes  authorized  by such section twelve   hundred ten for all or any of the period beginning December  first,  two   thousand   fifteen   and   ending   November   thirtieth,  two  thousand   twenty-three, the county shall  allocate  three-twentieths  of  the  net   collections  from  the  additional  one percent to the cities, towns and   villages in the county on the basis  of  their  respective  populations,   determined  in  accordance  with  the latest decennial federal census or   special population census  taken  pursuant  to  section  twenty  of  the   general  municipal  law  completed and published prior to the end of the   quarter for which the allocation is made, and allocate the remainder  of    the  net  collections from the additional one percent as follows: (1) to   pay the county's expenses for Medicaid and other  expenses  required  by   law; (2) to pay for local road and bridge projects; (3) for the purposes   of  capital  projects  and  repaying any debts incurred for such capital   projects in the county of Chautauqua that are not otherwise paid for  by   revenue  received  from  the mortgage recording tax; and (4) for deposit   into a reserve fund for bonded indebtedness established pursuant to  the   general  municipal  law.  The  net collections from the additional rates   imposed pursuant to this section shall be deposited in a special fund to   be created by such county separate and apart from any  other  funds  and   accounts of the county to be used for purposes above described.