Do you support this bill?

Assembly Bill A6216

2015-2016 Legislative Session

Provides an exemption for the repayment of bonds for municipal sewer and water improvements from limits on real property tax levies

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2015-A6216 (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
General Municipal Law
Laws Affected:
Amd ยง3-c, Gen Muni L
Versions Introduced in 2017-2018 Legislative Session:
A2689

2015-A6216 (ACTIVE) - Summary

Provides an exemption for the repayment of bonds for municipal sewer and water improvements from limits on real property tax levies.

2015-A6216 (ACTIVE) - Bill Text download pdf 

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

                                  6216

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                             March 17, 2015
                               ___________

Introduced  by M. of A. STECK -- read once and referred to the Committee
  on Local Governments

AN ACT to amend the general municipal law, in relation to  providing  an
  exemption  for  the  repayment  of bonds for municipal sewer and water
  improvements from limits on real property tax levies

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

  Section  1.  Subparagraph  (iv)  of  paragraph (g) of subdivision 2 of
section 3-c of the general municipal law, as added by section 1 of  part
A  of  chapter 97 of the laws of 2011, is amended and a new subparagraph
(v) is added to read as follows:
  (iv) in years in which the normal contribution rate of  the  New  York
state teachers' retirement system, as defined by paragraph a of subdivi-
sion  two  of  section  five  hundred  seventeen  of  the education law,
increases by more than two percentage points from the previous  year,  a
tax levy necessary for expenditures for the coming fiscal year for local
government  employer  contributions  to  the  New  York  state teachers'
retirement system caused by growth in the normal contribution rate minus
two percentage points[.];
  (V) A TAX LEVY NECESSARY FOR THE REPAYMENT OF PRINCIPAL  AND  INTEREST
FOR  THE  LIFE  OF  A  CAPITAL PROJECT BOND THAT IS RELATED TO MUNICIPAL
SEWER AND WATER IMPROVEMENTS.
  S 2. This act shall take effect immediately; provided,  however,  that
the  amendments  to paragraph (g) of subdivision 2 of section 3-c of the
general municipal law made by section one of this act shall  not  affect
the repeal of such section and shall be deemed repealed therewith.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09848-01-5

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.