senate Bill S4605

Relates to state aid for certain towns adversely affected by a concentration of tax exempt property

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 15 / Apr / 2013
    • REFERRED TO LOCAL GOVERNMENT
  • 08 / Jan / 2014
    • REFERRED TO LOCAL GOVERNMENT

Summary

Relates to state aid for certain towns adversely affected by a concentration of tax exempt property.

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Bill Details

See Assembly Version of this Bill:
A1079
Versions:
S4605
Legislative Cycle:
2013-2014
Current Committee:
Senate Local Government
Law Section:
Real Property Tax Law
Laws Affected:
Add ยง532-a, RPT L
Versions Introduced in Previous Legislative Cycles:
2011-2012: A1079, A1838, A425, A425
2009-2010: A11295, A5768, A790, A790
2007-2008: A10053, A10100, A10053

Sponsor Memo

BILL NUMBER:S4605

TITLE OF BILL: An act to amend the real property tax law, in relation
to state aid for certain towns adversely affected by a concentration
of tax exempt property

PURPOSE: This bill creates a new category of state aid for certain
towns based on the amount of tax exempt property in their
jurisdiction.

SUMMARY OF PROVISIONS: Section 1 amends the Real Property Tax Law by
adding a new Section 532-a. This section provides that for a town to
be eligible for a new category of state aid at least 35 percent of the
real property in the town, by value, must be exempt from taxation. The
funds available to assist eligible towns are allocated based on a
formula. Fifty percent of the distribution is based on the town's
population. The remaining 50 percent is based on the amount of tax
exempt property in the town.

JUSTIFICATION: Real property taxes are the main way local governments
are able to raise revenue and provide necessary services to the
residents of their town, When a large concentration, over 35 percent
by value, of the property in a town is exempt from taxation, there is
a significant portion of town land for which real property taxes
cannot be collected to support the services provided by the town.
This significantly reduces the property tax base and limits the number
of property owners that pay taxes to support the town's services. This
places an increased burden on the taxpayers for support of town's
services.

This bill will aid the taxpayers and the towns that have a
significantly high amount of real property that is exempt from
taxation by allowing the state to appropriate and distribute funds,
based upon a formula, to the towns which have a significantly high
amount, over 35 percent by value, of real property that is exempt from
taxation.

LEGISLATIVE HISTORY: New bill.

FISCAL IMPLICATIONS: Subject to budgetary appropriation.

EFFECTIVE DATE: This bill would take effect immediately.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4605

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 15, 2013
                               ___________

Introduced  by  Sen. RITCHIE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to amend the real property tax law, in relation to state aid  for
  certain  towns  adversely  affected  by  a concentration of tax exempt
  property

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The  real  property  tax  law  is amended by adding a new
section 532-a to read as follows:
  S 532-A. CERTAIN LANDS SUBJECT TO STATE PAYMENTS. IN ANY TOWN IN WHICH
THE TOTAL AMOUNT OF TAX EXEMPT PROPERTY REPRESENTS MORE THAN THIRTY-FIVE
PERCENT, BY VALUE, OF THE TOTAL AMOUNT OF PROPERTY  IN  SUCH  TOWN,  THE
STATE SHALL PAY A SUM, SUBJECT TO BUDGETARY APPROPRIATION, AS FOLLOWS:
  1.  FIFTY  PERCENT  OF SUCH SUM SHALL BE PAID TO EACH ELIGIBLE TOWN IN
PROPORTION TO SUCH TOWN'S POPULATION RELATIVE TO THE POPULATION  OF  ALL
ELIGIBLE TOWNS; AND
  2.  FIFTY  PERCENT OF SUCH SUM SHALL BE PAID BASED ON THE VALUE OF TAX
EXEMPT PROPERTY IN EACH ELIGIBLE TOWN AS A PERCENTAGE OF  THE  VALUE  OF
ALL TAX EXEMPT PROPERTY IN ALL ELIGIBLE TOWNS.
  S 2. This act shall take effect immediately and shall apply to assess-
ment  rolls  prepared  on the basis of taxable status dates occurring on
and after the date on which this act shall have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02379-01-3

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