RESOLUTION
BY COUNCIL PRESIDENT COLLINS-BELLAMY, MAJORITY LEADER RUBBO, MAJORITY WHIP ROBINSON, MINORITY LEADER BREEN, COUNCILMEMBERS, PINEDA -ISAAC, DIAZ AND MERANTE:
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RESOLUTION ISSUING A HOME RULE MESSAGE FOR SENATE BILL S436 AND ASSEMBLY BILL A5319, IN RELATION TO INCOME TAX OF THE CITY OF YONKERS
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WHEREAS, the City of Yonkers currently imposes an Income Tax Surcharge and a Non-resident Earnings tax authorized pursuant to Article 30A of the Tax Law of the State of New York; and
WHEREAS, said authorization is scheduled to terminate on December 31, 2025 unless said date is extended; and
WHEREAS, a necessity continues to exist for the revenues generated by the Income Tax Surcharge and the Non-resident Earnings tax in order to balance the budget in future fiscal years; and
WHEREAS, Senate Bill No. S436 and Assembly Bill No. A5319 have been introduced into the New York State Legislature for the purpose of extending the Income Tax Surcharge and the Non-resident Earnings tax for a period of two years.
NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Yonkers hereby issues this Home Rule Request Message for passage of Senate Bill No. S436 and Assembly Bill No. A5319 to amend Article 30A of the New York State Tax Law to extend the termination date of the Income Tax Surcharge and the Non-resident Earnings tax until December 31, 2027 to allow the continuation of these necessary revenues; and
BE IT FURTHER RESOLVED, that the City Council requests the City Clerk to forward a copy of this Home Rule Request Message to the Legislature of the State of New York requesting the passage of the aforesaid bills.