|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 01, 2012||referred to investigations and government operations|
senate Bill S7201
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7201 (ACTIVE) - Details
- See Assembly Version of this Bill:
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Public Lands Law
- Laws Affected:
- Amd §19-a, Pub Lds L
- Versions Introduced in Other Legislative Sessions:
2013-2014: S1138, A4658
2015-2016: S2126, A3021
2017-2018: S2684, A2134
2019-2020: S988, A2466
S7201 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7201 TITLE OF BILL: An act to amend the public lands law, in relation to certain state-leased or state-owned lands PURPOSE OR GENERAL IDEA OF BILL: Authorizes payment of additional state aid for certain state-leased or state-owned lands. SUMMARY OF SPECIFIC PROVISIONS: Section 1 - amends section 19-a of the public lands law by adding a new subdivision 2-b Section 2 is the effective date. JUSTIFICATION: This legislation which was requested by the City of Albany would provide for payment in lieu of taxes (PILOT). Currently, nearly 60% of the City is tax-exempt, largely as a result of State ownership. This legislation proposes a PILOT payment of 1.75% of the present value of the Harriman Campus, an amount that would be approximately $11.7 million annually for eight years. The bill provides that this amount would be paid annually for ten years and would decrease sooner if the Harriman Campus is privatized.
S7201 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 7201 A. 10022 S E N A T E - A S S E M B L Y May 1, 2012 ___________ IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print- ed, and when printed to be committed to the Committee on Investi- gations and Government Operations IN ASSEMBLY -- Introduced by M. of A. McENENY, CANESTRARI -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the public lands law, in relation to certain state- leased or state-owned lands THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 19-a of the public lands law is amended by adding a new subdivision 2-b to read as follows: 2-B. (1) NOTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE CONTRA- RY, IN ADDITION TO STATE AID OTHERWISE PAYABLE PURSUANT TO THIS SECTION, THERE SHALL BE PAYABLE TO ANY CITY LOCATED IN A COUNTY IN WHICH THERE HAS BEEN CONSTRUCTED A STATE OFFICE BUILDING PROJECT KNOWN AS THE W. AVERELL HARRIMAN STATE OFFICE BUILDING CAMPUS (MORE SPECIFICALLY IDENTI- FIED ON THE ASSESSMENT ROLL OF SUCH CITY AS SECTION, LOT AND BLOCK NUMBERS 53.00-1-2 AND 53.00-1-9, RESPECTIVELY), STATE AID PAYABLE ANNU- ALLY, IN AN AMOUNT EQUAL TO 1.75 PERCENT OF SUCH AGGREGATE ASSESSED VALUES OF SUCH STATE OFFICE BUILDING PROJECT AS IT APPEARED ON THE TWO THOUSAND NINE FINAL ASSESSMENT ROLL OF SUCH CITY. (2) SUCH PAYMENTS SHALL BE FOR CITY PURPOSES ONLY, AND SHALL BEGIN ON JUNE FIRST, TWO THOUSAND TWELVE AND SHALL BE PAYABLE FOR A PERIOD OF TEN YEARS. FOR GREATER CERTAINTY, SUCH CITY'S ASSESSMENTS FOR THE PROPERTIES DESCRIBED IN PARAGRAPH ONE OF THIS SUBDIVISION ARE TO REMAIN AT SUCH TWO THOUSAND NINE TOTAL ASSESSED VALUES, I.E. SIX HUNDRED SIXTY-THREE MILLION NINE HUNDRED FIFTY THOUSAND NINE HUNDRED DOLLARS AND TEN MILLION FOUR HUNDRED NINETEEN THOUSAND SIX HUNDRED DOLLARS, RESPECTIVELY, THROUGHOUT SUCH EIGHT YEAR PERIOD, PROVIDED, HOWEVER, IF ANY PORTION OF THE PROPERTY IS SOLD BY THE STATE OF NEW YORK DURING THIS PERIOD, THEN THE SALE PRICE OF SUCH SALE SHALL BE DEDUCTED FROM ITS APPROPRIATE ABOVE REFERENCED TOTAL ASSESSED VALUE ON THE NEXT SUCCEEDING ASSESSMENT ROLL, AND SUCH REDUCED TOTAL ASSESSED VALUE SHALL BECOME THE NEW BASIS FOR DETERMINING THE ANNUAL PAYMENT FOR THAT AND EACH SUCCEEDING YEAR THERE- AFTER. S 2. This act shall take effect immediately.
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