New York Statutes

§ 1262-T — City of Yonkers - disposition of net collections from the additional one-half of one percent rate of sales and compensating use taxes in ...

New York·Law TAX Tax·Part 4 Disposition of Revenues·Art. 29 Taxes Authorized For Cities, Counties and School Districts
* § 1262-t. City of Yonkers - disposition of net collections from the\nadditional one-half of one percent rate of sales and compensating use\ntaxes in the city of Yonkers. Notwithstanding any provision of law to\nthe contrary, if the city of Yonkers imposes the additional one-half of\none percent rate of sales and compensating use taxes authorized by item\n(b) of clause one of subparagraph (ii) of the opening paragraph of\nsection twelve hundred ten of this article, the city shall use the net\ncollections from such additional one-half of one percent rate solely for\nthe support of education, unless the city council votes, on an annual\nbasis, to use such net collections for a different purpose of the city,\nprovided, however, that the requirements of paragraph b of subdivision\nfive-b of

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