NY S03301

Authorizes Chautauqua County to impose an additional sales and compensating use tax of either one-half of one percent or three-quarters of one percent for the period December 1, 2010 through November 30, 2011

Allows Chautauqua County sole authority to impose the additional tax rate, which is not subject to preemption and does not count toward the three percent maximum rate under state law

Requires the county to allocate one-fifth of net collections from the additional tax to cities, towns and villages based on population, with remaining collections used for Medicaid expenses, local road and bridge projects, capital projects, and bonded indebtedness reserves

Suspends the authorization if the county imposes any tax on residential fuel oil, coal, wood, propane, natural gas, electricity, or steam during a sales tax quarter

Takes effect immediately upon enactment