Skip to main content

Public Authorities Law § 3964 · Title 3. Erie County Fiscal Stability Authority

Intercept of county tax revenues and state aid revenues

Verbatim from the official edition

Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)

§ 3964. Intercept of county tax revenues and state aid revenues. 1. Commencing on the effective date of this title, and until December thirty-first, two thousand thirty-nine, the state comptroller shall pay county tax revenues at least monthly to the authority in accordance with section twelve hundred sixty-one of the tax law. During such period, the county shall impose sales and compensating use taxes pursuant to the authority of subdivision (a) of section twelve hundred ten of the tax law at a rate of no less than three percent.

2. Commencing on the effective date of this title, and until December thirty-first, two thousand thirty-nine, the state comptroller shall pay state aid revenues to the authority.

3. The county shall have no right, title, or interest in county tax revenues or state aid revenues required to be paid to the authority pursuant to this section.

Source of truth

Edition
Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/PBA3964
Text hash
sha256 93450baa102f62124c9134b38352f66216d35496d4e2bfce4168f7e9d32d6a96
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.