S T A T E O F N E W Y O R K
________________________________________________________________________
1955--A
2011-2012 Regular Sessions
I N A S S E M B L Y
January 12, 2011
___________
Introduced by M. of A. GIGLIO -- read once and referred to the Committee
on Real Property Taxation -- recommitted to the Committee on Real
Property Taxation in accordance with Assembly Rule 3, sec. 2 --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the education law, in relation to providing a supple-
mental valuation impact grant to the West Valley central school
district
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 3 of section 3641 of the education law, as
added by section 29-a of part B of chapter 57 of the laws of 2008, para-
graph a as amended by section 31 of part A of chapter 57 of the laws of
2009, is amended to read as follows:
3. Supplemental valuation impact grants. a. In addition to apportion-
ments otherwise provided by section thirty-six hundred two of this arti-
cle, for aid payable in the two thousand [eight] TWELVE--two thousand
[nine and two thousand nine--two thousand ten] THIRTEEN school [years]
YEAR, the [amounts] AMOUNT specified in [paragraphs] PARAGRAPH c [and d]
of this subdivision shall be paid for the purpose of providing addi-
tional funding for A school [districts] DISTRICT which [have experienced
a significant financial hardship caused by an extraordinary change in
the taxable property valuation or extraordinary judgments resulting from
tax certiorari proceedings] HAS MORE THAN EIGHTY-THREE PERCENT OF ITS
REAL PROPERTY CLASSIFIED AS TAX EXEMPT.
b. The purpose of this subdivision is to provide financial assistance
to A school [districts] DISTRICT which [have experienced a significant
reduction in the taxable full value of the school district or extraor-
dinary tax certiorari judgments] HAS MORE THAN EIGHTY-THREE PERCENT OF
ITS REAL PROPERTY CLASSIFIED AS TAX EXEMPT. The legislature finds that
A school [districts for which a judgment was made resulting from a tax
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03727-03-2
A. 1955--A 2
certiorari proceeding which is larger than the total budget of the
school district for school year two thousand seven--two thousand eight
or for school districts] DISTRICT which [have observed a reduction of
taxable real property of more than seventy-five percent between school
year two thousand five--two thousand six and school year two thousand
eight--two thousand nine] HAS MORE THAN EIGHTY-THREE PERCENT OF ITS REAL
PROPERTY CLASSIFIED AS TAX EXEMPT DURING SCHOOL YEAR TWO THOUSAND
TWELVE--TWO THOUSAND THIRTEEN may benefit from temporary additional
assistance.
c. To the [Barker central school district, there shall be paid one
million three hundred thousand dollars ($1,300,000). Such grant shall be
payable to the Barker central school district in accordance with the
payment schedules contained in section thirty-six hundred nine-a of this
article, notwithstanding any provision of law to the contrary.
d. To the Haverstraw-Stony Point central school district, there shall
be paid two million five hundred thousand dollars ($2,500,000). Such
grant shall be payable to the Haverstraw-Stony Point central school
district in accordance with the payment schedules contained in section
thirty-six hundred nine-a of this article, notwithstanding any provision
of law to the contrary] WEST VALLEY CENTRAL SCHOOL DISTRICT, THERE SHALL
BE PAID FIVE HUNDRED THOUSAND DOLLARS ($500,000). SUCH GRANT SHALL BE
PAYABLE TO THE WEST VALLEY CENTRAL SCHOOL DISTRICT IN ACCORDANCE WITH
THE PAYMENT SCHEDULES CONTAINED IN SECTION THIRTY-SIX HUNDRED NINE-A OF
THIS ARTICLE, NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY.
S 2. This act shall take effect immediately.