N.Y. Tax Law § 1262-h: Allocation and distribution of net collections from the additional one percent rate of sales and compensating use taxes in Steuben county

§ 1262-h. Allocation and distribution of net collections from the

additional one percent rate of sales and compensating use taxes in

Steuben county. Notwithstanding any provision of law to the contrary, of

the net collections received by the county of Steuben as a result of the

imposition of the additional one percent rate of tax authorized by

section twelve hundred ten of this article (a) during the period

beginning December first, nineteen hundred ninety-three and ending

November thirtieth, nineteen hundred ninety-four, the county of Steuben

shall pay or cause to be paid to the city of Hornell the sum of two

hundred thousand dollars, to the city of Corning the sum of three

hundred thousand dollars, and the sum of five hundred thousand dollars

to the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area. Of the net collections received by the

county of Steuben as a result of the imposition of said additional one

percent rate of tax authorized by section twelve hundred ten of this

article during the period beginning December first, nineteen hundred

ninety-four and ending November thirtieth, nineteen hundred ninety-five,

the county of Steuben shall pay or cause to be paid to the city of

Hornell the sum of three hundred thousand dollars, to the city of

Corning the sum of four hundred fifty thousand dollars, and the sum of

seven hundred fifty thousand dollars to the towns and villages of the

county of Steuben, on the basis of the ratio which the full valuation of

real property in each town or village bears to the aggregate full

valuation of real property in all of the towns and villages in such

area; and (b) during the period beginning December first, nineteen

hundred ninety-five and ending November thirtieth, two thousand seven,

the county of Steuben shall annually pay or cause to be paid to the city

of Hornell the sum of five hundred fifty thousand dollars, to the city

of Corning the sum of six hundred thousand dollars, and the sum of seven

hundred fifty thousand dollars to the towns and villages of the county

of Steuben, on the basis of the ratio which the full valuation of real

property in each town or village bears to the aggregate full valuation

of real property in all of the towns and villages in such area; and

during the period beginning December first, two thousand seven and

ending November thirtieth, two thousand nine, the county of Steuben

shall annually pay or cause to be paid to the city of Hornell the sum of

six hundred ten thousand dollars, to the city of Corning the sum of six

hundred fifty thousand dollars, and the sum of seven hundred fifty

thousand dollars to the towns and villages of the county of Steuben, on

the basis of the ratio which the full valuation of real property in each

town or village bears to the aggregate full valuation of real property

in all of the towns and villages in such area; and during the period

beginning December first, two thousand nine and ending November

thirtieth, two thousand eleven, the county of Steuben shall annually pay

or cause to be paid to the city of Hornell the sum of seven hundred ten

thousand dollars, to the city of Corning the sum of seven hundred ten

thousand dollars, and the sum of seven hundred fifty thousand dollars to

the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area; and during the period beginning

December first, two thousand eleven and ending November thirtieth, two

thousand thirteen, the county of Steuben shall annually pay or cause to

be paid to the city of Hornell the sum of seven hundred forty thousand

dollars, to the city of Corning the sum of seven hundred forty thousand

dollars, and the sum of seven hundred fifty thousand dollars to the

towns and villages of the county of Steuben, on the basis of the ratio

which the full valuation of real property in each town or village bears

to the aggregate full valuation of real property in all of the towns and

villages in such area; and during the period beginning December first,

two thousand thirteen and ending November thirtieth, two thousand

fifteen, the county of Steuben shall annually pay or cause to be paid to

the city of Hornell the sum of seven hundred sixty-five thousand

dollars, to the city of Corning the sum of seven hundred sixty-five

thousand dollars, and the sum of seven hundred fifty thousand dollars to

the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area; and during the period beginning

December first, two thousand fifteen and ending November thirtieth, two

thousand seventeen, the county of Steuben shall annually pay or cause to

be paid to the city of Hornell the sum of seven hundred sixty-five

thousand dollars, to the city of Corning the sum of seven hundred

sixty-five thousand dollars, and the sum of seven hundred fifty thousand

dollars to the towns and villages of the county of Steuben, on the basis

of the ratio which the full valuation of real property in each town or

village bears to the aggregate full valuation of real property in all of

the towns and villages in such area; and during the period beginning

December first, two thousand seventeen and ending November thirtieth,

two thousand twenty, the county of Steuben shall annually pay or cause

to be paid to the city of Hornell the sum of seven hundred eighty

thousand dollars, to the city of Corning the sum of seven hundred eighty

thousand dollars, and the sum of seven hundred fifty thousand dollars to

the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area; and during the period beginning

December first, two thousand twenty and ending November thirtieth, two

thousand twenty-three, the county of Steuben shall annually pay or cause

to be paid to the city of Hornell the sum of eight hundred twenty

thousand dollars, to the city of Corning the sum of eight hundred twenty

thousand dollars, and the sum of seven hundred ninety thousand dollars

to the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area; and during the period beginning

December first, two thousand twenty-three and ending November thirtieth,

two thousand twenty-five, the county of Steuben shall annually pay or

cause to be paid to the city of Hornell the sum of eight hundred fifty

thousand dollars, to the city of Corning the sum of eight hundred fifty

thousand dollars, and the sum of eight hundred fifty thousand dollars to

the towns and villages of the county of Steuben, on the basis of the

ratio which the full valuation of real property in each town or village

bears to the aggregate full valuation of real property in all of the

towns and villages in such area; and during the period beginning

December first, two thousand twenty-five and ending November thirtieth,

two thousand twenty-seven, the county of Steuben shall annually pay or

cause to be paid to the city of Hornell the sum of nine hundred thousand

dollars, to the city of Corning the sum of nine hundred thousand

dollars, and the sum of nine hundred thousand dollars to the towns and

villages of the county of Steuben, on the basis of the ratio which the

full valuation of real property in each town or village bears to the

aggregate full valuation of real property in all of the towns and

villages in such area.