|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to local government|
|Jan 09, 2013||referred to local government|
senate Bill S840
Archive: Last Bill Status -
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S840 - Details
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §§891-a, 898-a, 901-a, 914-a, 925-t & 925-v, Gen Muni L
- Versions Introduced in 2011-2012 Legislative Session:
S840 - Sponsor Memo
BILL NUMBER:S840 TITLE OF BILL: An act to amend the general municipal law, in relation to restricting the formation of new development agencies in Erie county PURPOSE OR GENERAL IDEA OF THE BILL: This bill would allow only the Erie County Industrial Development Agency to exempt state and county taxes, without prior approval. Further, this bill would require any town Industrial Development Agencies within Erie County to seek approval if they wish to exempt any taxes other than the individual town's property taxes. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends section 891-a of the general municipal law by limiting the authority of town industrial development agencies located within Erie County to exempt certain taxes. Section 2 amends section 898-a of the general municipal law stating section 891-a is controlling law in the event of any inconsistencies. Section 3 amends section 901-a of the general municipal law stating section 891-a is controlling law in the event of any inconsistencies.
S840 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 840 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. KENNEDY -- 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 restricting the formation of new development agencies in Erie county THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 891-a of the general municipal law is amended by adding a new subdivision 3 to read as follows: 3. (A) NOTWITHSTANDING THE PROVISIONS OF SECTION EIGHT HUNDRED FIFTY- SIX OF THIS ARTICLE OR ANY OTHER LAW, RULE OR REGULATION TO THE CONTRA- RY, NO NEW INDUSTRIAL DEVELOPMENT AGENCY MAY BE FORMED WITHIN ERIE COUN- TY. (B) NOTWITHSTANDING THE PROVISIONS OF SECTION EIGHT HUNDRED SEVENTY-FOUR OF THIS ARTICLE OR ANY OTHER LAW, RULE OR REGULATION TO THE CONTRARY, WITHIN ERIE COUNTY, ONLY PROJECTS THAT ARE UNDERTAKEN BY THE ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY: (1) MAY BE EXEMPT FROM THE FOUR PERCENT SALES AND COMPENSATING USE TAX IMPOSED FOR THE BENEFIT OF NEW YORK STATE BY ARTICLE TWENTY-EIGHT OF THE TAX LAW; (2) MAY BE EXEMPT FROM THE THREE PERCENT, ADDITIONAL ONE PERCENT AND THE ADDITIONAL THREE-QUARTERS OF ONE PERCENT SALES AND COMPENSATING USE TAX IMPOSED BY SECTION TWELVE HUNDRED TEN OF THE TAX LAW; (3) MAY BE EXEMPT FROM REAL PROPERTY TAXES IMPOSED BY THE COUNTY OF ERIE, PROVIDED HOWEVER, COUNTY REAL PROPERTY TAX RELIEF MAY BE GRANTED BY A TOWN INDUSTRIAL DEVELOPMENT AGENCY FOR PROJECTS LOCATED WITHIN SUCH TOWN, IF THE ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY CONSENTS ON A PROJECT BY PROJECT BASIS BY RESOLUTION AT A REGULAR OR SPECIAL MEETING TO SUCH REAL PROPERTY TAX EXEMPTION; (4) MAY BE EXEMPT FROM REAL PROPERTY TAXES IMPOSED BY A VILLAGE, PROVIDED HOWEVER, VILLAGE REAL PROPERTY TAX RELIEF MAY BE GRANTED ON A EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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