Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 20, 2014 | committed to rules |
Mar 06, 2014 | advanced to third reading |
Mar 05, 2014 | 2nd report cal. |
Mar 04, 2014 | 1st report cal.235 |
Feb 10, 2014 | print number 4547a |
Feb 10, 2014 | amend and recommit to cities |
Jan 08, 2014 | referred to cities |
Jun 21, 2013 | committed to rules |
Apr 29, 2013 | advanced to third reading |
Apr 24, 2013 | 2nd report cal. |
Apr 23, 2013 | 1st report cal.427 |
Apr 10, 2013 | referred to cities |
senate Bill S4547A
Sponsored By
Andrew J. Lanza
(R, C, IP, RFM) 24th Senate District
Archive: Last Bill Status - In Senate Committee Rules Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Bill Amendments
Co-Sponsors
Tony Avella
(D) 0 Senate District
S4547 - Details
- See Assembly Version of this Bill:
- A6431
- Current Committee:
- Senate Rules
- Law Section:
- General Municipal Law
- Laws Affected:
- Add §3-d, Gen Muni L; amd §23, Munic Home R L
- Versions Introduced in Other Legislative Sessions:
-
2011-2012: S2866, A4741
2015-2016: S3709, A6498
2017-2018: S1214, A1090
2019-2020: S1758, A991
2021-2022: S4921, A5716
2023-2024: S4095
S4547 - Sponsor Memo
BILL NUMBER:S4547 TITLE OF BILL: An act to amend the general municipal law and the municipal home rule law, in relation to establishing limitations upon real property tax levies in cities with a population of one million or more PURPOSE OR GENERAL IDEA OF BILL: This bill would control the ever-rising property tax by limiting the amount by which the City of New York may increase property taxes each year. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill would add a new § 3-d to the General Municipal Law to establish a real property tax levy cap for New York City. Under the property tax levy cap: *New York City may not its property tax levy by more than 2 percent or the rate of inflation (whichever is less). *New York City may exceed the tax levy cap only if the City Council, by a two-thirds vote by local law overriding the tax levy cap.
S4547 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4547 2013-2014 Regular Sessions I N S E N A T E April 10, 2013 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Cities AN ACT to amend the general municipal law and the municipal home rule law, in relation to establishing limitations upon real property tax levies in cities with a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general municipal law is amended by adding a new section 3-d to read as follows: S 3-D. LIMITATION UPON REAL PROPERTY TAX LEVIES BY CITIES HAVING A POPULATION OF ONE MILLION OR MORE. 1. UNLESS OTHERWISE PROVIDED BY LAW, THE AMOUNT OF REAL PROPERTY TAXES THAT MAY BE LEVIED BY OR ON BEHALF OF ANY CITY HAVING A POPULATION OF ONE MILLION OR MORE SHALL NOT EXCEED THE TAX LEVY LIMITATION ESTABLISHED PURSUANT TO THIS SECTION. 2. WHEN USED IN THIS SECTION: (A) "ALLOWABLE LEVY GROWTH FACTOR" SHALL BE THE LESSER OF: (I) ONE AND TWO ONE-HUNDREDTHS; OR (II) THE SUM OF ONE PLUS THE INFLATION FACTOR; PROVIDED, HOWEVER, THAT IN NO CASE SHALL THE LEVY GROWTH FACTOR BE LESS THAN ONE. (B) "APPROVED CAPITAL EXPENDITURES" MEANS THE EXPENDITURES ASSOCIATED WITH CAPITAL PROJECTS THAT HAVE BEEN APPROVED BY THE QUALIFIED VOTERS OF THE LOCAL GOVERNMENT. (C) "AVAILABLE CARRYOVER" MEANS THE SUM OF THE AMOUNT BY WHICH THE TAX LEVY FOR THE PRIOR FISCAL YEAR WAS BELOW THE TAX LEVY LIMIT FOR SUCH FISCAL YEAR, IF ANY, BUT NO MORE THAN ONE AND ONE-HALF PERCENT OF THE TAX LEVY LIMIT FOR SUCH FISCAL YEAR. (D) "CAPITAL TAX LEVY" MEANS THE TAX LEVY NECESSARY TO SUPPORT CAPITAL EXPENDITURES, IF ANY. (E) "COMING FISCAL YEAR" MEANS THE FISCAL YEAR OF THE LOCAL GOVERNMENT FOR WHICH A TAX LEVY LIMITATION SHALL BE DETERMINED PURSUANT TO THIS SECTION. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05440-01-3
Co-Sponsors
Tony Avella
(D) 0 Senate District
S4547A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6431
- Current Committee:
- Senate Rules
- Law Section:
- General Municipal Law
- Laws Affected:
- Add §3-d, Gen Muni L; amd §23, Munic Home R L
- Versions Introduced in Other Legislative Sessions:
-
2011-2012: S2866, A4741
2015-2016: S3709, A6498
2017-2018: S1214, A1090
2019-2020: S1758, A991
2021-2022: S4921, A5716
2023-2024: S4095
S4547A (ACTIVE) - Sponsor Memo
BILL NUMBER:S4547A TITLE OF BILL: An act to amend the general municipal law and the municipal home rule law, in relation to establishing limitations upon real property tax levies in cities with a population of one million or more PURPOSE OR GENERAL IDEA OF BILL: This bill would control the ever-rising property tax by limiting the amount by which the City of New York may increase property taxes each year. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill would add a new § 3-d to the General Municipal Law to establish a real property tax levy cap for New York City. Under the property tax levy cap: *New York City may not its property tax levy by more than 2 percent or the rate of inflation (whichever is less). *New York City may exceed the tax levy cap only if the City Council, by a two-thirds vote by local law overriding the tax levy cap.
S4547A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4547--A 2013-2014 Regular Sessions I N S E N A T E April 10, 2013 ___________ Introduced by Sens. LANZA, AVELLA -- read twice and ordered printed, and when printed to be committed to the Committee on Cities -- recommitted to the Committee on Cities in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the general municipal law and the municipal home rule law, in relation to establishing limitations upon real property tax levies in cities with a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general municipal law is amended by adding a new section 3-d to read as follows: S 3-D. LIMITATION UPON REAL PROPERTY TAX LEVIES BY CITIES HAVING A POPULATION OF ONE MILLION OR MORE. 1. UNLESS OTHERWISE PROVIDED BY LAW, THE AMOUNT OF REAL PROPERTY TAXES THAT MAY BE LEVIED BY OR ON BEHALF OF ANY CITY HAVING A POPULATION OF ONE MILLION OR MORE SHALL NOT EXCEED THE TAX LEVY LIMITATION ESTABLISHED PURSUANT TO THIS SECTION. 2. WHEN USED IN THIS SECTION: (A) "ALLOWABLE LEVY GROWTH FACTOR" SHALL BE THE LESSER OF: (I) ONE AND TWO ONE-HUNDREDTHS; OR (II) THE SUM OF ONE PLUS THE INFLATION FACTOR; PROVIDED, HOWEVER, THAT IN NO CASE SHALL THE LEVY GROWTH FACTOR BE LESS THAN ONE. (B) "APPROVED CAPITAL EXPENDITURES" MEANS THE EXPENDITURES ASSOCIATED WITH CAPITAL PROJECTS THAT HAVE BEEN APPROVED BY THE QUALIFIED VOTERS OF THE LOCAL GOVERNMENT. (C) "AVAILABLE CARRYOVER" MEANS THE SUM OF THE AMOUNT BY WHICH THE TAX LEVY FOR THE PRIOR FISCAL YEAR WAS BELOW THE TAX LEVY LIMIT FOR SUCH FISCAL YEAR, IF ANY, BUT NO MORE THAN ONE AND ONE-HALF PERCENT OF THE TAX LEVY LIMIT FOR SUCH FISCAL YEAR. (D) "CAPITAL TAX LEVY" MEANS THE TAX LEVY NECESSARY TO SUPPORT CAPITAL EXPENDITURES, IF ANY. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05440-02-4
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