New York § 1262-U Allocation and distribution of certain net collections in Genesee county

New York Statutes

§ 1262-U — Allocation and distribution of certain net collections in Genesee county

New York·Law TAX Tax·Part 4 Disposition of Revenues·Art. 29 Taxes Authorized For Cities, Counties and School Districts

  § 1262-u. Allocation and distribution of certain net collections in\nGenesee county. If the county of Genesee enters into an agreement\npursuant to the authority of subdivision (c) of section twelve hundred\nsixty-two of this part with the city of Batavia to allocate and\ndistribute a portion of net collections due the county from its taxes\nimposed pursuant to the authority of subdivision (a) of section twelve\nhundred ten of this article, the agreement may be for a term not\nexceeding forty years and the state comptroller shall not disapprove\nsuch agreement based on the length of its term, provided that such term\nshall not exceed forty years.\n

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§ 1262-u. Allocation and distribution of certain net collections in\nGenesee county. If the county of Genesee enters into an agreement\npursuant to the authority of subdivision (c) of section twelve hundred\nsixty-two of this part with the city of Batavia to allocate and\ndistribute a portion of net collections due the county from its taxes\nimposed pursuant to the authority of subdivision (a) of section twelve\nhundred ten of this article, the agreement may be for a term not\nexceeding forty years and the state comptroller shall not disapprove\nsuch agreement based on the length of its term, provided that such term\nshall not exceed forty years.\n

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