§ 270-d. Tax surcharge. 1. In addition to the tax imposed by
subdivision one of section two hundred seventy of this article, there is
hereby imposed and shall immediately accrue and be collected a like
additional tax on all sales, agreements to sell, memoranda of sales and
all deliveries or transfers of shares or certificates subject to tax
under such subdivision during the period commencing on August first,
nineteen hundred seventy-five and ending July thirty-first, nineteen
hundred seventy-eight. Such additional tax is at the rate of
twenty-five per cent of the rates of tax on sales or transfers under
subdivision two of section two hundred seventy and on sales under
subdivision one of section two hundred seventy-a and the maximum amount
of tax on a single qualifying sale under section two hundred seventy-e
of this article. Provided, however, that the tax so calculated shall
not be carried out in its computation beyond four decimal points, that
is, it shall be computed to the nearest one one-hundredth of one cent.

2. All the provisions of this article shall apply with respect to the
additional tax imposed by this section to the same extent as if it were
imposed by subdivision one of section two hundred seventy and expressly
increased the rates of tax under subdivision two of section two hundred
seventy and subdivision one of section two hundred seventy-a and the
maximum amount of tax on a single taxable sale under subdivision two of
section two hundred seventy-a and the term "tax" as used in this article
shall include the tax imposed by this section as well as the tax imposed
by subdivision one of section two hundred seventy and a reference to
such tax, subdivision one of section two hundred seventy or section two
hundred seventy shall include the tax imposed by this section,
subdivision one of this section and this section, respectively.