Senate Bill S7050A

2013-2014 Legislative Session

Relates to the town of Eagle, county of Wyoming wind project

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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

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Bill Amendments

2013-S7050 - Details

See Assembly Version of this Bill:
A9505
Current Committee:
Assembly Local Governments
Law Section:
Wyoming County
Versions Introduced in 2015-2016 Legislative Session:
S1700, A3654

2013-S7050 - Summary

Relates to the town of Eagle, county of Wyoming wind project.

2013-S7050 - Sponsor Memo

2013-S7050 - Bill Text download pdf

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

                                  7050

                            I N  S E N A T E

                             April 21, 2014
                               ___________

Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT in relation to the town of Eagle, county of Wyoming wind project

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

  Section  1.  Legislative  findings  and intent. The legislature hereby
finds that when the town of Eagle  wind  project  PILOT  ends,  it  will
create  a sudden gap in the town's tax revenues. As the current revenues
from this project completely cover all of the town's taxes, the  end  of
this  project will create a serious financial burden on the town's prop-
erty taxpayers. To ameliorate this  burden,  the  legislature  finds  it
necessary to exempt the town of Eagle from certain provisions of section
6-e  of  the general municipal law for a limited period of time to allow
the town to phase in the new property tax burden.
  S 2. 1. It is hereby found and determined  that  the  town  of  Eagle,
county  of  Wyoming, exceeded its maximum appropriation for payment into
the contingency and tax stabilization reserve fund pursuant to  subdivi-
sion  3 of section 6-e of the general municipal law where the balance of
the fund exceeded ten percent of the  eligible  portion  of  the  annual
budget for fiscal year 2013-2014.
  2. Notwithstanding the defects described in subdivision one of section
two  of  this  act,  to the extent that the town of Eagle exceeded their
maximum appropriation, such amounts are hereby legalized, validated, and
ratified.
  S 3. Notwithstanding subdivision 3 and paragraph e of subdivision 4 of
section 6-e of the general municipal law, the town of  Eagle  is  hereby
authorized  to appropriate an amount up to fifteen percent of the eligi-
ble portion of the annual budget for  the  fiscal  year  for  which  the
appropriation  would  be made into the contingency and tax stabilization
reserve fund.
  S 4. Notwithstanding paragraph d of subdivision 4 of  section  6-e  of
the  general  municipal  law,  the town of Eagle is hereby authorized to
utilize an amount up to fifty percent of any fiscal year's annual budget
from the contingency and tax stabilization reserve  fund  to  lessen  or

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

2013-S7050A (ACTIVE) - Details

See Assembly Version of this Bill:
A9505
Current Committee:
Assembly Local Governments
Law Section:
Wyoming County
Versions Introduced in 2015-2016 Legislative Session:
S1700, A3654

2013-S7050A (ACTIVE) - Summary

Relates to the town of Eagle, county of Wyoming wind project.

2013-S7050A (ACTIVE) - Sponsor Memo

2013-S7050A (ACTIVE) - Bill Text download pdf

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

                                 7050--A

                            I N  S E N A T E

                             April 21, 2014
                               ___________

Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
  printed to be committed  to  the  Committee  on  Local  Government  --
  committee  discharged,  bill amended, ordered reprinted as amended and
  recommitted to said committee

AN ACT in relation to the town of Eagle, county of Wyoming wind project

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

  Section  1.  Legislative  findings  and intent. The legislature hereby
finds that when the town of Eagle  wind  project  PILOT  ends,  it  will
create  a sudden gap in the town's tax revenues. As the current revenues
from this project completely cover all of the town's taxes, the  end  of
this  project will create a serious financial burden on the town's prop-
erty taxpayers. To ameliorate this  burden,  the  legislature  finds  it
necessary to exempt the town of Eagle from certain provisions of section
6-e  of  the general municipal law for a limited period of time to allow
the town to phase in the new property tax burden.
  S 2. 1. It is hereby found and determined  that  the  town  of  Eagle,
county  of  Wyoming, exceeded its maximum appropriation for payment into
the contingency and tax stabilization reserve fund pursuant to  subdivi-
sion  3 of section 6-e of the general municipal law where the balance of
the fund exceeded ten percent of the  eligible  portion  of  the  annual
budget for fiscal year 2013-2014.
  2. Notwithstanding the defects described in subdivision one of section
two  of  this  act,  to the extent that the town of Eagle exceeded their
maximum appropriation, such amounts are hereby legalized, validated, and
ratified.
  S 3. Notwithstanding subdivision 3 and paragraph e of subdivision 4 of
section 6-e of the general municipal law, the town of  Eagle  is  hereby
authorized  to appropriate an amount up to fifteen percent of the eligi-
ble portion of the annual budget for  the  fiscal  year  for  which  the
appropriation  would  be made into the contingency and tax stabilization
reserve fund.
  S 4. Notwithstanding paragraph d of subdivision 4 of  section  6-e  of
the  general  municipal  law,  the town of Eagle is hereby authorized to

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

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