New York Laws
Part 4 - Disposition of Revenues
1262-R - Allocation and Distribution of Certain Net Collections in the County of Oswego.

* § 1262-r. Allocation and distribution of certain net collections in
the county of Oswego. Notwithstanding any other provision of law to the
contrary, if the city of Fulton does not impose any tax pursuant to the
authority of section twelve hundred ten of this article: (1) the county
of Oswego shall impose sales and compensating use taxes pursuant to the
authority of subdivision (a) of section twelve hundred ten of this
article at the maximum rate authorized therefor; (2) such county shall,
by local law, ordinance or resolution, allocate and distribute monthly
to the city of Fulton net collections in the amount of five hundred
eight thousand eight hundred twenty dollars, commencing on the first day
of the first month in which the repeal of such city's taxes takes
effect, and continuing monthly unless the city of Fulton imposes tax
pursuant to the authority of such section twelve hundred ten; (3) such
monthly amount allocated and distributed to such city shall be deemed to
be paid from the county's net collections set aside for county purposes
and shall not affect the amount of net collections to be allocated and
distributed by the county to the area of the county outside the cities
in the county pursuant to subdivision (c) of section twelve hundred
sixty-two of this part; and (4) such county shall not be required to
allocate net collections to the city of Fulton pursuant to subdivision
(c) of such section twelve hundred sixty-two unless net collections from
the county's sales and compensating use taxes exceed thirty-four million
dollars per year, in which case the county shall allocate ten percent of
its net collections in excess of thirty-four million dollars on the
basis of population to the city of Fulton and such area of the county
outside the cities.

* NB There are 2 § 1262-r's

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