senate Bill S6833A

2013-2014 Legislative Session

Authorizes the Ballston Spa Central School District to establish a semiconductor manufacturing tax stabilization reserve fund

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Archive: Last Bill Status - Passed Senate


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (10)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 10, 2014 referred to education
delivered to assembly
passed senate
Jun 03, 2014 ordered to third reading cal.1120
Jun 02, 2014 reported and committed to rules
May 27, 2014 print number 6833a
amend and recommit to finance
Apr 29, 2014 reported and committed to finance
Apr 09, 2014 committee discharged and committed to education
Mar 17, 2014 referred to local government

Votes

view votes

Jun 3, 2014 - Rules committee Vote

S6833A
23
0
committee
23
Aye
0
Nay
1
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Rules committee vote details

Jun 2, 2014 - Finance committee Vote

S6833A
36
0
committee
36
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Finance committee vote details

Apr 29, 2014 - Education committee Vote

S6833
18
0
committee
18
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Bill Amendments

Original
A (Active)
Original
A (Active)

S6833 - Details

See Assembly Version of this Bill:
A9151A
Current Committee:
Law Section:
General Municipal

S6833 - Summary

Authorizes the Ballston Spa Central School District to establish a semiconductor manufacturing tax stabilization reserve fund.

S6833 - Sponsor Memo

S6833 - Bill Text download pdf

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

                                  6833

                            I N  S E N A T E

                             March 17, 2014
                               ___________

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

AN ACT to establish  a  semiconductor  manufacturing  tax  stabilization
  reserve  fund in the Ballston Spa Central School District to lessen or
  prevent increases in the school district's real property tax levy

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

  Section 1. Legislative findings. The legislature hereby finds that the
private  development  and  ownership  of  a  semiconductor manufacturing
project or projects located  within  the  Ballston  Spa  Central  School
District may result in the instability in the real property tax base and
the  budgets of the district due to the uncertainty with the assessments
of such semiconductor manufacturing project or projects  and  the  vari-
ability  of the payments in lieu of taxes prior to and at termination of
such payments.
  S 2. Definitions. As used in this act:
  (a) "Board of education" or "board" means the board  of  education  of
the Ballston Spa Central School District.
  (b)  "Semiconductor  manufacturing  tax stabilization reserve fund" or
"fund" means the semiconductor manufacturing tax  stabilization  reserve
fund established pursuant to this act.
  (c)  "Payments  in lieu of taxes" or "payments" means payments in lieu
of taxes receivable by the school district pursuant to contracts entered
into in accordance with section 412-a of the real property  tax  law  or
section  858  of the general municipal law on any semiconductor manufac-
turing project or projects located wholly or partially within the  Ball-
ston Spa Central School District.
  (d)  "School  district"  or  "district" means the Ballston Spa Central
School District.
  (e) "Semiconductor manufacturing project or projects" shall be defined
as in section 412-a of the real property tax law and shall  include  the
land  upon  which the project is located, buildings for use in the manu-
facturing of semiconductors and the acquisition and installation therein
of certain machinery and equipment.

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

S6833A (ACTIVE) - Details

See Assembly Version of this Bill:
A9151A
Current Committee:
Law Section:
General Municipal

S6833A (ACTIVE) - Summary

Authorizes the Ballston Spa Central School District to establish a semiconductor manufacturing tax stabilization reserve fund.

S6833A (ACTIVE) - Sponsor Memo

S6833A (ACTIVE) - Bill Text download pdf

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

                                 6833--A

                            I N  S E N A T E

                             March 17, 2014
                               ___________

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

AN ACT to establish  a  semiconductor  manufacturing  tax  stabilization
  reserve  fund in the Ballston Spa Central School District to lessen or
  prevent increases in the school district's real property tax levy

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

  Section 1. Legislative findings. The legislature hereby finds that the
private  development  and  ownership  of  a  semiconductor manufacturing
project or projects located  within  the  Ballston  Spa  Central  School
District may result in the instability in the real property tax base and
the  budgets of the district due to the uncertainty with the assessments
of such semiconductor manufacturing project or projects  and  the  vari-
ability  of the payments in lieu of taxes prior to and at termination of
such payments.
  S 2. Definitions. As used in this act:
  (a) "Board of education" or "board" means the board  of  education  of
the Ballston Spa Central School District.
  (b)  "Semiconductor  manufacturing  tax stabilization reserve fund" or
"fund" means the semiconductor manufacturing tax  stabilization  reserve
fund established pursuant to this act.
  (c)  "Payments  in lieu of taxes" or "payments" means payments in lieu
of taxes receivable by the school district pursuant to contracts entered
into in accordance with section 412-a of the real property  tax  law  or
section  858  of the general municipal law on any semiconductor manufac-
turing project or projects located wholly or partially within the  Ball-
ston Spa Central School District.
  (d)  "School  district"  or  "district" means the Ballston Spa Central
School District.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14277-04-4

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