(a) If Saratoga county imposes sales and compensating use taxes pursuant to the authority of subdivision (a) of section twelve hundred ten of this article, the local legislative body of Saratoga county shall be authorized and empowered to adopt and amend local laws, ordinances or resolutions to allocate and distribute to the town of Milton up to sixty thousand dollars per calendar year, from net collections received by the county from such taxes; and any such amount allocated and distributed to the town of Milton pursuant to this subdivision shall be in addition to any amounts allocated and applied or distributed by such county to such town pursuant to the authority of subdivision (c) or (d), or both subdivisions (c) and (d), of section twelve hundred sixty-two of this article.
(b) If Saratoga county and the city of Saratoga Springs each impose sales and compensating use taxes pursuant to the authority of subdivision (a) of section twelve hundred ten of this article and the city of Mechanicville does not impose any taxes pursuant to the authority of such section twelve hundred ten, the local legislative body of Saratoga county shall be authorized and empowered to adopt and amend local laws, ordinances or resolutions to allocate and distribute to the city of Mechanicville up to five hundred forty-two thousand dollars per calendar year, from net collections received by the county from its sales and compensating use taxes imposed pursuant to the authority of such section twelve hundred ten; and any such amount allocated and distributed to the city of Mechanicville pursuant to this subdivision shall be in addition to any amounts allocated and applied or distributed by such county to such city pursuant to the authority of subdivision (c) or (d), or both subdivisions (c) and (d), of section twelve hundred sixty-two of this article. * NB There are 2 § 1262-m's
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