Assembly Bill A6463

2009-2010 Legislative Session

Directs the Levittown union free school district to transfer monies from its reserve funds to the general fund for the purposes of reducing real property taxes

download bill text pdf

Sponsored By

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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2009-A6463 (ACTIVE) - Details

See Senate Version of this Bill:
S2853
Current Committee:
Assembly Education
Law Section:
Education

2009-A6463 (ACTIVE) - Summary

Directs the Levittown union free school district to transfer up to twenty million dollars from its reserve funds to the general fund for the purposes of reducing real property taxes in support of such school district.

2009-A6463 (ACTIVE) - Bill Text download pdf 

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

    S. 2853                                                  A. 6463

                       2009-2010 Regular Sessions

                      S E N A T E - A S S E M B L Y

                              March 4, 2009
                               ___________

IN  SENATE -- Introduced by Sen. HANNON -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Education

IN ASSEMBLY -- Introduced by  M.  of  A.  McDONOUGH  --  read  once  and
  referred to the Committee on Education

AN ACT to authorize the Levittown union free school district to transfer
  certain  monies from reserve funds to the general fund for the purpose
  of real property tax reduction; and providing for the repeal  of  such
  provisions upon expiration thereof

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

  Section 1. Notwithstanding any other provision of law, rule  or  regu-
lation  to  the  contrary,  the  Levittown union free school district is
authorized to transfer to the general fund of such school district,  for
the  sole  purpose  of real property tax reduction, not more than twenty
million dollars ($20,000,000) from the following reserve  funds:  up  to
fifteen  million  eight  hundred thousand dollars ($15,800,000) from the
employee benefit accrued liability reserve fund, and up to four  million
two  hundred  thousand  dollars ($4,200,000) from the retirement reserve
fund.
  S 2. This act shall take effect immediately and shall  expire  and  be
deemed repealed July 1, 2011.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04165-02-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.