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

                                  7788

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              June 4, 2013
                               ___________

Introduced  by  M.  of A. GLICK, ROBERTS, RUSSELL, COOK, DUPREY, COLTON,
  PAULIN, LUPINACCI, McDONOUGH, MONTESANO, RAIA -- Multi-Sponsored by --
  M. of A. ABBATE, CROUCH, GABRYSZAK, JAFFEE, ROSA,  THIELE,  WEISENBERG
  -- read once and referred to the Committee on Local Governments

AN  ACT to amend the general municipal law, in relation to exempting the
  costs associated with the construction of  community  college  capital
  facilities from the real property tax levy limit for local governments

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

  Section 1. Subparagraph (iv) of paragraph  (g)  of  subdivision  2  of
section  3-c of the general municipal law, as added by section 1 of part
A of chapter 97 of the laws of 2011, is amended and a  new  subparagraph
(v) is added to read as follows:
  (iv)  in  years  in which the normal contribution rate of the New York
state teachers' retirement system, as defined by paragraph a of subdivi-
sion two of  section  five  hundred  seventeen  of  the  education  law,
increases  by  more than two percentage points from the previous year, a
tax levy necessary for expenditures for the coming fiscal year for local
government employer  contributions  to  the  New  York  state  teachers'
retirement system caused by growth in the normal contribution rate minus
two percentage points[.];
  (V)  A  TAX LEVY NECESSARY FOR EXPENDITURES FOR THE COMING FISCAL YEAR
RELATED TO THE  FINANCING,  REFINANCING,  CONSTRUCTION,  RECONSTRUCTION,
RENOVATION,  ACQUISITION,  DESIGN, REHABILITATION, IMPROVEMENT, FURNISH-
ING, EQUIPPING OR ALTERATION OF COMMUNITY  COLLEGE  CAPITAL  FACILITIES,
INCLUDING  DEBT SERVICE AND LEASE EXPENDITURES, AS APPROVED BY THE LOCAL
SPONSOR, AS DEFINED IN SUBDIVISION THREE OF SECTION SIXTY-THREE  HUNDRED
ONE OF THE EDUCATION LAW.
  S  2.  This act shall take effect immediately; provided, however, that
the amendments to section 3-c of  the  general  municipal  law  made  by
section  one of this act shall not affect the repeal of such section and
shall be deemed repealed therewith.

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

                                                           LBD10831-01-3