Budget & Taxes

This bill extends Greene County's authorization to impose an additional 1% sales and use tax (on top of the existing 3% rate) through November 30, 2027. It directly affects residents and businesses in Greene County who pay sales taxes on goods and services. The key change updates the expiration date from 2025 to 2027 in the tax law, maintaining the same tax rate and scope. The bill does not alter the tax rate or create new tax categories - only extends the current authorization period. The bill was signed into law on August 7, 2025 (Chapter 285).

This bill authorizes Jefferson County to add a 1% sales tax on top of its existing 3% sales tax rate. It directly affects residents and businesses in Jefferson County by increasing the total sales tax rate for purchases made within the county. The additional tax will be in effect from December 1, 2025, through November 30, 2027. The bill amends existing tax law to extend this authorization period beyond the previous 2025 expiration date.

Relates to Warren county no longer providing community colleges funding with excess funds from the collection of mortgage recording taxes as such money is allocated to the CDTA; extends the effectiveness of provisions relating to an additional Warren county mortgage recording tax to December 1, 2027.

Bill A8568 limits annual increases in property tax base proportions for Nassau and Suffolk counties. For Nassau County, local approval is required to cap annual increases at 1% per year; Suffolk County gets a 2% cap for most years but a 1% cap specifically for the 2025-2026 tax year. If calculations would exceed these limits, local governments must adjust other tax classes to ensure total base proportions equal 100%. The law applies to tax levies based on the 2025 assessment rolls in these counties.