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Assembly Bill A4391A

2013-2014 Legislative Session

Provides for the determination of actual valuation for the Cambridge central school district

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

2013-A4391 - Details

See Senate Version of this Bill:
S1006
Current Committee:
Assembly Education
Law Section:
Education
Versions Introduced in Other Legislative Sessions:
2011-2012: A10638, S7616
2015-2016: A4622, S1854

2013-A4391 - Summary

Provides for the determination of actual valuation for the Cambridge central school district.

2013-A4391 - Bill Text download pdf 

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

                                  4391

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 4, 2013
                               ___________

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 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 property with-
in  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 proper-
ty services, for the assessment roll of such  town,  city,  village,  or
county  completed  during such preceding calendar year. The actual valu-
ation of a central high school district shall be the sum of  such  valu-
ations  of  its component districts. 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 valu-
ation 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.
                                                           LBD01217-01-3

2013-A4391A (ACTIVE) - Details

See Senate Version of this Bill:
S1006
Current Committee:
Assembly Education
Law Section:
Education
Versions Introduced in Other Legislative Sessions:
2011-2012: A10638, S7616
2015-2016: A4622, S1854

2013-A4391A (ACTIVE) - Summary

Provides for the determination of actual valuation for the Cambridge central school district.

2013-A4391A (ACTIVE) - Bill Text download pdf 

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

                                 4391--A

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 4, 2013
                               ___________

Introduced  by  M.  of  A.  McLAUGHLIN  -- read once and referred to the
  Committee on Education -- committee discharged, bill amended,  ordered
  reprinted as amended and recommitted to said committee

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.
                                                           LBD01217-04-3

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