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This entry was published on 2023-07-07
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SECTION 1262-T
City of Yonkers - disposition of net collections from the additional one-half of one percent rate of sales and compensating use taxes in ...
Tax (TAX) CHAPTER 60, ARTICLE 29, PART 4
* § 1262-t. City of Yonkers - disposition of net collections from the
additional one-half of one percent rate of sales and compensating use
taxes in the city of Yonkers. Notwithstanding any provision of law to
the contrary, if the city of Yonkers imposes the additional one-half of
one percent rate of sales and compensating use taxes authorized by item
(b) of clause one of subparagraph (ii) of the opening paragraph of
section twelve hundred ten of this article, the city shall use the net
collections from such additional one-half of one percent rate solely for
the support of education, unless the city council votes, on an annual
basis, to use such net collections for a different purpose of the city,
provided, however, that the requirements of paragraph b of subdivision
five-b of section two thousand five hundred seventy-six of the education
law are met.

* NB Repealed November 30, 2025