N.Y. Tax Law § 1262-r: Allocation and distribution of certain net collections in the county of Oswego

* § 1262-r. Allocation and distribution of certain net collections in

the county of Oswego. Notwithstanding any other provision of law to the

contrary, if the city of Fulton does not impose any tax pursuant to the

authority of section twelve hundred ten of this article: (1) the county

of Oswego shall impose sales and compensating use taxes pursuant to the

authority of subdivision (a) of section twelve hundred ten of this

article at the maximum rate authorized therefor; (2) such county shall,

by local law, ordinance or resolution, allocate and distribute monthly

to the city of Fulton net collections in the amount of five hundred

eight thousand eight hundred twenty dollars, commencing on the first day

of the first month in which the repeal of such city's taxes takes

effect, and continuing monthly unless the city of Fulton imposes tax

pursuant to the authority of such section twelve hundred ten; (3) such

monthly amount allocated and distributed to such city shall be deemed to

be paid from the county's net collections set aside for county purposes

and shall not affect the amount of net collections to be allocated and

distributed by the county to the area of the county outside the cities

in the county pursuant to subdivision (c) of section twelve hundred

sixty-two of this part; and (4) such county shall not be required to

allocate net collections to the city of Fulton pursuant to subdivision

(c) of such section twelve hundred sixty-two unless net collections from

the county's sales and compensating use taxes exceed thirty-four million

dollars per year, in which case the county shall allocate ten percent of

its net collections in excess of thirty-four million dollars on the

basis of population to the city of Fulton and such area of the county

outside the cities.

* NB There are 2 § 1262-r's