Extends the authorization of the city of New Rochelle to impose an additional sales and compensating use tax

This bill extends New Rochelle's existing authority to impose an additional 1% sales and use tax, which currently runs until 2025. The extension moves the expiration date to December 31, 2027, maintaining the same tax rate and scope. The bill directly affects residents and businesses in New Rochelle who pay this local tax, which supplements state sales taxes. It does not create new tax rates or alter how the tax is collected, only prolonging the current authorization period.