N.Y. Tax Law § 1262-w: Disposition of net collections from the additional rate of sales and compensating use tax in the county of Putnam

§ 1262-w. Disposition of net collections from the additional rate of

sales and compensating use tax in the county of Putnam. Notwithstanding

any contrary provision of law, if the county of Putnam imposes the

additional one percent rate of sales and compensating use taxes

authorized by section twelve hundred ten of this article for all or any

portion of the period beginning September first, two thousand seven and

ending November thirtieth, two thousand twenty-seven, the county shall

allocate one-ninth of the net collections from the additional one

percent to the towns and villages in the county on the basis of their

respective populations, determined in accordance with the latest

decennial federal census. Each town and village within the county shall

receive at minimum, a sum of fifty thousand dollars annually and shall

use such revenue for public projects limited to local infrastructure

projects and capital improvements.