N.Y. Tax Law Section 1262-M*2
Allocation and distribution of net collections in Saratoga county


* § 1262-m. Allocation and distribution of net collections in Saratoga county. Notwithstanding any other provision of law to the contrary:

(a)

If Saratoga county imposes sales and compensating use taxes pursuant to the authority of subdivision (a) of § 1210 (Taxes of cities and counties administered by state tax commission)section twelve hundred ten of this article, the local legislative body of Saratoga county shall be authorized and empowered to adopt and amend local laws, ordinances or resolutions to allocate and distribute to the town of Milton up to sixty thousand dollars per calendar year, from net collections received by the county from such taxes; and any such amount allocated and distributed to the town of Milton pursuant to this subdivision shall be in addition to any amounts allocated and applied or distributed by such county to such town pursuant to the authority of subdivision (c) or (d), or both subdivisions (c) and (d), of § 1262 (Disposition of revenues from taxes imposed by cities under one million, counties and school districts)section twelve hundred sixty-two of this article.

(b)

If Saratoga county and the city of Saratoga Springs each impose sales and compensating use taxes pursuant to the authority of subdivision (a) of § 1210 (Taxes of cities and counties administered by state tax commission)section twelve hundred ten of this article and the city of Mechanicville does not impose any taxes pursuant to the authority of such section twelve hundred ten, the local legislative body of Saratoga county shall be authorized and empowered to adopt and amend local laws, ordinances or resolutions to allocate and distribute to the city of Mechanicville up to five hundred forty-two thousand dollars per calendar year, from net collections received by the county from its sales and compensating use taxes imposed pursuant to the authority of such section twelve hundred ten; and any such amount allocated and distributed to the city of Mechanicville pursuant to this subdivision shall be in addition to any amounts allocated and applied or distributed by such county to such city pursuant to the authority of subdivision (c) or (d), or both subdivisions (c) and (d), of § 1262 (Disposition of revenues from taxes imposed by cities under one million, counties and school districts)section twelve hundred sixty-two of this article. * NB There are 2 § 1262-m’s

Source: Section 1262-M*2 — Allocation and distribution of net collections in Saratoga county, https://www.­nysenate.­gov/legislation/laws/TAX/1262-M*2 (updated Sep. 22, 2014; accessed May 11, 2024).

1260
Revenues resulting from taxes administered by cities over one million
1261
Revenues resulting from taxes administered by the commissioner
1261‑A
Revenues from certain taxes imposed by Washington and Warren counties
1262
Disposition of revenues from taxes imposed by cities under one million, counties and school districts
1262‑A
Sales tax
1262‑B
The Westchester county property tax stabilization and relief act
1262‑C
Allocation of revenue from sales and use taxes to villages wholly or partially contained within Broome county
1262‑D
Allocation and distribution of revenues from sales and use taxes to villages within the county of Albany
1262‑E
Establishment of local government assistance programs in Nassau county
1262‑F
Allocation and distribution of revenues from sales and use taxes within the village of Barker and town of Somerset, Niagara county
1262‑G
The Monroe county sales tax adjustment act
1262‑G*2
Oneida county allocation and distribution of net collections from the additional one percent rate of sales and compensating use taxes
1262‑H
Allocation and distribution of net collections from the additional one percent rate of sales and compensating use taxes in Steuben county
1262‑I
Allocation of net collections from the additional one percent rate of sales and compensating use taxes in the county of Tioga
1262‑J
Allocation and distribution of net collections from the additional sales and compensating use taxes in Suffolk county
1262‑K
Allocation and distribution of net collections in Oswego county
1262‑L
’s
1262‑L*2
Allocation and distribution of certain net collections in Warren county
1262‑M
Allocation of net collections from the additional one percent rate of sales and compensating use taxes in the county of Chenango
1262‑M*2
Allocation and distribution of net collections in Saratoga county
1262‑N
Disposition of net collections from the additional one percent rate of sales and compensating use taxes in the county of Niagara
1262‑O
Disposition of net collections from the additional rate of sales and compensating use taxes in the county of Chautauqua
1262‑P
Disposition of net collections from the additional one percent rate of sales and compensating use taxes in the county of Livingston
1262‑Q
Erie county-disposition of net collections from the one percent and the three-quarters of one percent rates of sales and compensating use...
1262‑R
Allocation and distribution of certain net collections in the county of Oswego
1262‑R*2
Disposition of net collections from sales and compensating use taxes imposed by the county of Ontario
1262‑S
Disposition of net collections from the additional one-quarter of one percent rate of sales and compensating use taxes in the county of H...
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 ...
1262‑U
Allocation and distribution of certain net collections in Genesee county
1262‑V
Allocation of net collections from the additional one percent rate of sales and compensating use taxes in the county of St
1263
Deposit of funds and use of funds not having assigned purposes
1264
References to certain taxes or revenues from certain taxes administered by the commissioner

Accessed:
May 11, 2024

Last modified:
Sep. 22, 2014

§ 1262-M*2’s source at nysenate​.gov

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