| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 08, 2014 |
referred to local government |
| Apr 19, 2013 |
referred to local government |
Senate Bill S4720
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
Actions
co-Sponsors
(D) Senate District
2013-S4720 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5268
- Current Committee:
- Senate Local Government
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §859-a, Gen Muni L
2013-S4720 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4720
TITLE OF BILL: An act to amend the general municipal law, in relation
to requiring taxing jurisdiction approval of payments in lieu of taxes
PURPOSE: This bill includes school districts in decisions about
payments in lieu of taxes (PILOT).
SUMMARY OF PROVISIONS: Section 1 amends General Municipal Law § 859-a
to require authorization to offer a payment in lieu of taxes(PILOT)
agreement from school districts that would be affected by such PILOT.
JUSTIFICATION: Industrial Development Agencies are authorized to
negotiate payments in lieu of taxes (PILOT) with private developers
participating in IDA projects. Under current law, agency members who
make decisions about PILOTS may but are not required to include
schools. School districts, however, can be significantly affected by
PILOT agreements. This bill, therefore proposes a process by which one
or more school districts affected by a proposed PILOT agreement can
represent the interests of the district, its schools and students.
LEGISLATIVE HISTORY: New bill.
FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: This act shall take effect immediately.
2013-S4720 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4720
2013-2014 Regular Sessions
I N S E N A T E
April 19, 2013
___________
Introduced by Sen. MARCELLINO -- read twice and ordered printed, and
when printed to be committed to the Committee on Local Government
AN ACT to amend the general municipal law, in relation to requiring
taxing jurisdiction approval of payments in lieu of taxes
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 859-a of the general municipal law is amended by
adding a new subdivision 4 to read as follows:
4. THE AGENCY MUST SECURE AUTHORIZATION TO OFFER A PAYMENT IN LIEU OF
TAXES AGREEMENT THAT REDUCES THE AFFECTED TAX JURISDICTION'S PROPERTY
TAX LEVY FROM THE AFFECTED TAX JURISDICTION. DENIAL OR APPROVAL OF SUCH
AUTHORIZATION SHALL BE PROVIDED WITHIN SIXTY DAYS OF THE PUBLIC HEARING
REQUIRED PURSUANT TO SUBDIVISION TWO OF THIS SECTION.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08853-01-3
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