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Statutes » New York » TAX Law » Article 29

N.Y. TAX Law § 1262-M

This is the official text of N.Y. TAX Law § 1262-M, part of New York’s TAX Law — part of the compiled statutory law of New York, published by the state as "TAX Law." Browse the sections below, each linked to its official government source.

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Allocation of net collections from the additional one percent rate of sales and compensating use taxes in the county of Chenango

Official statutory text

* § 1262-m. Allocation of net collections from the additional one\npercent rate of sales and compensating use taxes in the county of\nChenango. Notwithstanding any contrary provision of law, all net\ncollections received by the county of Chenango from the one percent\nsales and compensating use taxes in addition to the three percent rate,\neach as authorized by section twelve hundred ten of this article, shall\nbe used, in the first instance, to pay the cost of constructing and\nrepaying any debts incurred in the construction of the Chenango county\npublic safety building project, and any operational costs related to the\nChenango county public safety building. Any and all revenue derived from\nsuch additional one percent tax, after the construction and debt\nfinancing costs of the Chenango county public safety building project\nannex, and any operational costs related to the Chenango county public\nsafety building are paid, shall be deposited by the county of Chenango\nin a capital reserves fund. Disbursements from such capital reserves\nfund shall solely be made for the purposes of capital projects and\nrepaying any debts incurred for such capital projects in the county of\nChenango.\n * NB There are 2 § 1262-m's\n

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.