Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to education |
Feb 05, 2015 |
referred to education |
Assembly Bill A4622
2015-2016 Legislative Session
Sponsored By
MCLAUGHLIN
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2015-A4622 (ACTIVE) - Details
2015-A4622 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4622 2015-2016 Regular Sessions I N A S S E M B L Y February 5, 2015 ___________ Introduced by M. of A. McLAUGHLIN -- read once and referred to the Committee on Education AN ACT to provide for the determination of actual valuation for the Cambridge central school district THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding paragraph c of subdivision 1 of section 3602 of the education law for the Cambridge school district "actual valuation" shall mean the valuation of taxable real property in a school district obtained by taking the assessed valuation of taxable real prop- erty within such district as it appears upon the assessment roll of the town, city, village, or county in which such property is located, for the calendar year one year prior to the calendar year in which the base year commenced, after revision as provided by law, and dividing it by the state equalization rate as determined by the state board of real property services, for the assessment roll of such town, city, village, or county completed during such preceding calendar year. Such actual valuation shall include any actual valuation equivalent of payments in lieu of taxes determined pursuant to section 485 of the real property tax law. "Selected actual valuation" shall mean the lesser of actual valuation calculated for aid payable in the current year or the two-year average of the actual valuation calculated for aid payable in the current year and the actual valuation calculated for aid payable in the base year. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05692-01-5
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