S T A T E O F N E W Y O R K
________________________________________________________________________
S. 2126 A. 3021
2015-2016 Regular Sessions
S E N A T E - A S S E M B L Y
January 21, 2015
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IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Investi-
gations and Government Operations
IN ASSEMBLY -- Introduced by M. of A. FAHY, McDONALD -- read once and
referred to the Committee on Real Property Taxation
AN ACT to amend the public lands law, in relation to certain state-
leased or state-owned lands
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 19-a of the public lands law is amended by adding a
new subdivision 2-b to read as follows:
2-B. (1) NOTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE CONTRA-
RY, IN ADDITION TO STATE AID OTHERWISE PAYABLE PURSUANT TO THIS SECTION,
THERE SHALL BE PAYABLE TO ANY CITY LOCATED IN A COUNTY IN WHICH THERE
HAS BEEN CONSTRUCTED A STATE OFFICE BUILDING PROJECT KNOWN AS THE W.
AVERELL HARRIMAN STATE OFFICE BUILDING CAMPUS (MORE SPECIFICALLY IDENTI-
FIED ON THE ASSESSMENT ROLL OF SUCH CITY AS SECTION, LOT AND BLOCK
NUMBERS 53.00-1-2 AND 53.00-1-9, RESPECTIVELY), STATE AID PAYABLE ANNU-
ALLY, IN AN AMOUNT EQUAL TO 1.75 PERCENT OF SUCH AGGREGATE ASSESSED
VALUES OF SUCH STATE OFFICE BUILDING PROJECT AS IT APPEARED ON THE TWO
THOUSAND NINE FINAL ASSESSMENT ROLL OF SUCH CITY.
(2) SUCH PAYMENTS SHALL BE FOR CITY PURPOSES ONLY, AND SHALL BEGIN ON
JUNE FIRST, TWO THOUSAND FIFTEEN AND SHALL BE PAYABLE FOR A PERIOD OF
TEN YEARS. FOR GREATER CERTAINTY, SUCH CITY'S ASSESSMENTS FOR THE PROP-
ERTIES DESCRIBED IN PARAGRAPH ONE OF THIS SUBDIVISION ARE TO REMAIN AT
SUCH TWO THOUSAND NINE TOTAL ASSESSED VALUES, I.E. SIX HUNDRED
SIXTY-THREE MILLION NINE HUNDRED FIFTY THOUSAND NINE HUNDRED DOLLARS AND
TEN MILLION FOUR HUNDRED NINETEEN THOUSAND SIX HUNDRED DOLLARS, RESPEC-
TIVELY, THROUGHOUT SUCH TEN YEAR PERIOD, PROVIDED, HOWEVER, IF ANY
PORTION OF THE PROPERTY IS SOLD BY THE STATE OF NEW YORK DURING THIS
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00799-01-5
S. 2126 2 A. 3021
PERIOD, THEN THE SALE PRICE OF SUCH SALE SHALL BE DEDUCTED FROM ITS
APPROPRIATE ABOVE REFERENCED TOTAL ASSESSED VALUE ON THE NEXT SUCCEEDING
ASSESSMENT ROLL, AND SUCH REDUCED TOTAL ASSESSED VALUE SHALL BECOME THE
NEW BASIS FOR DETERMINING THE ANNUAL PAYMENT FOR THAT AND EACH SUCCEED-
ING YEAR THEREAFTER.
S 2. This act shall take effect immediately.