Relates to the imposition of sales and compensating use taxes by the county of Albany

This bill extends Albany County's authorization to impose an additional 1% sales and compensating use tax (on top of its existing 3% rate) until November 30, 2027. It requires the county to distribute net collections from this additional tax rate to cities, towns, and villages in the same quarterly proportions it currently uses for its existing 3% tax. The bill also specifies that if any city in Albany County exercises its right to impose its own tax under separate law, the county won't need to distribute funds from the additional tax during that period.