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


Latest version.
  • 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 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 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  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  section  twelve  hundred
      sixty-two of this article.
        * NB There are 2 § 1262-m's