§ 261. Payment over and distribution of taxes. 1. The balance of all\nmoneys paid to the recording officer of each county during each month\nupon account of the additional taxes imposed pursuant to subdivision two\nof section two hundred fifty-three of this article, after deducting the\nnecessary expenses of his or her office as provided in section two\nhundred sixty-two of this article, except taxes paid upon mortgages\nwhich under the provisions of section two hundred sixty of this article\nare first to be apportioned by the commissioner, shall be paid over by\nhim or her on or before the tenth day of each succeeding month as\nfollows: (a) with respect to those counties comprising the metropolitan\ncommuter transportation district, as defined by the provisions of\nsection twelve hundred sixty-two of the public authorities law, to the\nmetropolitan transportation authority to be applied in any authority\nfiscal year beginning on or after January first, nineteen hundred\neighty-seven (i) first, to meet the general, administrative and\noperating expenses of the authority net of reimbursements, recoveries\nand adjustments, not including the expenses of any subsidiaries thereof\nwhich operate any transportation facility, (ii) second, from any\nremaining revenues, fifty-five per centum of such revenues shall be paid\nby the metropolitan transportation authority to the transit account of\nthe metropolitan transportation authority special assistance fund\nestablished by section twelve hundred seventy-a of the public\nauthorities law; and (iii) the remaining forty-five per centum shall be\npaid by the metropolitan transportation authority to the commuter\nrailroad account of the metropolitan transportation authority special\nassistance fund established by section twelve hundred seventy-a of the\npublic authorities law; (b) with respect to those counties comprising\nthe Niagara Frontier transportation district, as defined by the\nprovisions of section twelve hundred ninety-nine-b of the public\nauthorities law, to the Niagara Frontier transportation authority; (c)\nwith respect to those counties comprising the Rochester-Genesee regional\ntransportation district, as defined by the provisions of section twelve\nhundred ninety-nine-cc of the public authorities law, to the\nRochester-Genesee Regional Transportation Authority; (d) with respect to\nthose counties comprising the capital district transportation district,\nas defined by the provisions of section thirteen hundred two of the\npublic authorities law, to the capital district transportation\nauthority; (e) with respect to those counties comprising the central New\nYork regional transportation district, as defined by the provisions of\nsection thirteen hundred twenty-seven of the public authorities law, to\nthe central New York regional transportation authority; (f) with respect\nto the county of Dutchess or the county of Orange or the county of\nRockland if any such county withdraws from the metropolitan commuter\ntransportation district pursuant to section twelve hundred\nseventy-nine-b of the public authorities law and does not suspend the\nimposition of such additional tax, to the county treasurer of such\ncounty if such county provides that the moneys shall be used for mass\ntransportation purposes but, if any such county which so withdraws and\nwhich does not so suspend does not so provide, to the comptroller\npursuant to paragraph (p) of this subdivision; * (g) with respect to the\ncounty of Washington, to the county treasurer of such county to be used\nto pay for any and all expenses incurred by such county for the support\nof community colleges pursuant to article one hundred twenty-six of the\neducation law; with respect to the county of Essex, to the county\ntreasurer of such county to be used to pay for any and all expenses\nincurred by such county for county office and court facility projects\nand, after all such expenses are paid, for any and all expenses incurred\nby
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.