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Assembly Bill A7403

2015-2016 Legislative Session

Relates to payments in lieu of taxes for certain projects approved by the town of Hempstead industrial development agency

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Archive: Last Bill Status - In Assembly Committee

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2015-A7403 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
General Municipal Law
Laws Affected:
Amd ยง905, Gen Muni L

2015-A7403 (ACTIVE) - Summary

Relates to payments in lieu of taxes for certain projects approved by the town of Hempstead industrial development agency; requires local municipal approval for any payment in lieu of taxes agreement.

2015-A7403 (ACTIVE) - Bill Text download pdf 

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

                                  7403

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                               May 8, 2015
                               ___________

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

AN  ACT  to  amend the general municipal law, in relation to payments in
  lieu of taxes for certain projects approved by the town  of  Hempstead
  industrial development agency

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

  Section 1. Subdivision 2 of section 905 of the general municipal  law,
as  added  by  chapter  493  of  the laws of 2014, is amended to read as
follows:
  2. Prior to the approval of any application for a payment in  lieu  of
taxes  (hereinafter referred to in this section as "PILOT") agreement by
the agency for a project located in  the  village  of  Freeport  or  the
village of Hempstead, THE WRITTEN CONSENT OF the chief executive officer
[of  the  affected  village]  shall be [consulted] OBTAINED.  The agency
shall also [consult with the village governing body prior to  any  PILOT
agreement  being  approved  by  the  agency for a project located in the
village of Freeport or the village of Hempstead] OBTAIN THE APPROVAL, BY
THREE-FIFTHS MAJORITY, OF THE VILLAGE GOVERNING BODY PRIOR TO ANY  PILOT
AGREEMENT  BEING  APPROVED  BY  THE  AGENCY FOR A PROJECT LOCATED IN THE
VILLAGE OF FREEPORT OR THE VILLAGE OF HEMPSTEAD.  In addition, the agen-
cy shall obtain an impact  analysis  to  determine  the  impact  on  the
village  of  the  project and the planned PILOT agreement. The applicant
for such PILOT agreement shall bear the costs related  to  the  required
impact analysis. The agency and the village governing body shall jointly
select a qualified entity to conduct the impact analysis. The membership
of  the  agency,  when reviewing applications and approving PILOT agree-
ments for projects located in the village of Freeport or the village  of
Hempstead, shall include at least one member of such village's governing
body  and  at least three at large members drawn from a cross section of
the village community.
  S 2. This act shall take effect immediately.

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

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