2023 New York Laws › TAX - Tax › Article 29 - Taxes Authorized for Cities, Counties and School Districts › Part 1 - Authority to Impose Taxes › Sub Part B - Taxes Administered by State Tax Commission › 1210-F - Sales and Compensating Use Tax for Purposes of the Suffolk County Water Quality Restoration Fund.

§  1210-F.  Sales and compensating use tax for purposes of the Suffolk
county water quality restoration fund. (a)  In  addition  to  the  taxes
imposed  by section twelve hundred ten, section twelve hundred ten-A, or
any other provision of this article, the county  of  Suffolk  is  hereby
authorized  and  empowered  to adopt and amend a local law, ordinance or
resolution, subject to a mandatory referendum, in  accordance  with  the
provisions  set forth in section twenty-three of the municipal home rule
law, imposing within the territorial limits of said county an additional
sales and compensating use tax at the rate of one-eighth of one  percent
for  the  period  beginning  March  first,  two thousand twenty-four and
ending February twenty-ninth, two thousand sixty,  which  tax  shall  be
identical  to  the tax imposed by said county pursuant to section twelve
hundred ten of this article. Provided, however,  that  such  local  law,
ordinance  or  resolution  shall  not  take  effect  unless  such county
complies with the provisions of subdivisions  (d)  and  (e)  of  section
twelve   hundred  ten  of  this  subpart  and  provides  notice  to  the
commissioner in accordance with the provisions  of  subdivision  (d)  of
such  section of the approval of such resolution by the electors. Except
as hereinafter provided, all provisions of this article,  including  the
definition  and  exemption provisions and the provisions relating to the
administration, collection and distribution by the  commissioner,  shall
apply for purposes of the tax imposed by this section in the same manner
and  with  the  same force and effect as if the language of this article
had been incorporated in full in this section and had expressly referred
to the  tax  imposed  by  this  section;  provided,  however,  that  any
provision  relating  to  a  maximum  rate  shall  be  calculated without
reference to the  additional  sales  and  compensating  use  tax  herein
authorized.  For  purposes  of  part IV of this article, relating to the
disposition of revenues resulting from taxes collected and  administered
by  the  commissioner,  the  additional  sales  and compensating use tax
herein provided shall be deemed to be imposed  under  the  authority  of
section  twelve  hundred ten of this article and all provisions relating
to the deposit, administration and disposition of taxes,  penalties  and
interest  relating  to  a tax imposed by a county under the authority of
section twelve hundred ten of this article shall,  except  as  otherwise
specifically provided in this section, apply to the additional sales and
compensating use tax imposed pursuant to this section.
(b)  Notwithstanding  any  other  provision  of  this  article  to the
contrary,  the  net  collections  from  the  tax  imposed  pursuant   to
subdivision  (a)  of  this section for the period beginning March first,
two thousand twenty-four and ending February twenty-ninth, two  thousand
sixty  shall,  upon  payment to the county of Suffolk, be deposited in a
special fund, to be designated as the water quality restoration fund  to
be  created  by  said  county therefor separate and apart from any other
funds and accounts of the county. Moneys in such fund shall be deposited
and secured in the  manner  provided  by  section  ten  of  the  general
municipal  law  and in no event shall moneys deposited be transferred to
any other account. In addition to the  net  collections  from  the  tax,
deposits  into  the  fund  may  include  revenues of Suffolk county from
whatever source  and  may  include  the  acceptance  of  gifts.  Pending
expenditure from such fund, moneys therein may be invested in the manner
provided  in  section  eleven of the general municipal law. Any interest
earned or capital gain realized on the moneys so deposited  or  invested
shall accrue to and become part of such fund. Moneys in said fund may be
appropriated from and transferred to or expended in any fiscal year only
for the purposes authorized by subdivision eleven of section two hundred
fifty-six-b of the county law.