S T A T E O F N E W Y O R K
________________________________________________________________________
497
2015-2016 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 7, 2015
___________
Introduced by M. of A. GANTT -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the state finance law, in relation to aid and incentives
for municipalities with populations of greater than two hundred thou-
sand
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (vi) of paragraph e of subdivision 10 of
section 54 of the state finance law, as amended by section 2 of part GG
of chapter 56 of the laws of 2009, is relettered subparagraph (vii) and
amended and a new subparagraph (vi) is added to read as follows:
(VI) COMMENCING WITH THE STATE FISCAL YEAR COMMENCING ON APRIL FIRST,
TWO THOUSAND FIFTEEN AND THEREAFTER, ALL MUNICIPALITIES WITH A POPU-
LATION OF GREATER THAN TWO HUNDRED THOUSAND SHALL RECEIVE EQUAL PER
CAPITA AID PROVIDED PURSUANT TO THIS SUBDIVISION. PER CAPITA AID SHALL
BE INCREASED FOR ALL MUNICIPALITIES WITH A POPULATION OF GREATER THAN
TWO HUNDRED THOUSAND TO THE HIGHEST PER CAPITA AID CALCULATED PURSUANT
TO THIS SUBDIVISION FOR A MUNICIPALITY WITH A POPULATION GREATER THAN
TWO HUNDRED THOUSAND.
(vii) If sufficient funds are not available for additional aid in the
amount authorized pursuant to subparagraphs (ii), (iii), (iv) [and], (v)
AND (VI) of this paragraph, additional aid shall be apportioned to each
municipality eligible for such aid based on the municipality's pro rata
share of available funds.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02834-01-5