§ 1262-R — Allocation and distribution of certain net collections in the county of Oswego

* § 1262-r. Allocation and distribution of certain net collections in\nthe county of Oswego. Notwithstanding any other provision of law to the\ncontrary, if the city of Fulton does not impose any tax pursuant to the\nauthority of section twelve hundred ten of this article: (1) the county\nof Oswego shall impose sales and compensating use taxes pursuant to the\nauthority of subdivision (a) of section twelve hundred ten of this\narticle at the maximum rate authorized therefor; (2) such county shall,\nby local law, ordinance or resolution, allocate and distribute monthly\nto the city of Fulton net collections in the amount of five hundred\neight thousand eight hundred twenty dollars, commencing on the first day\nof the first month in which the repeal of such city's taxes takes\neffect, and continuing monthly unless the city of Fulton imposes tax\npursuant to the authority of such section twelve hundred ten; (3) such\nmonthly amount allocated and distributed to such city shall be deemed to\nbe paid from the county's net collections set aside for county purposes\nand shall not affect the amount of net collections to be allocated and\ndistributed by the county to the area of the county outside the cities\nin the county pursuant to subdivision (c) of section twelve hundred\nsixty-two of this part; and (4) such county shall not be required to\nallocate net collections to the city of Fulton pursuant to subdivision\n(c) of such section twelve hundred sixty-two unless net collections from\nthe county's sales and compensating use taxes exceed thirty-four million\ndollars per year, in which case the county shall allocate ten percent of\nits net collections in excess of thirty-four million dollars on the\nbasis of population to the city of Fulton and such area of the county\noutside the cities.\n * NB There are 2 § 1262-r's\n