Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to local government |
Jun 21, 2017 |
committed to rules |
May 15, 2017 |
advanced to third reading |
May 10, 2017 |
2nd report cal. |
May 09, 2017 |
1st report cal.786 |
Feb 06, 2017 |
referred to local government |
Senate Bill S4176
2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(R, C, IP, RFM) Senate District
(R) Senate District
(R, C) 60th Senate District
(R, C, IP) Senate District
2017-S4176 (ACTIVE) - Details
- Current Committee:
- Senate Local Government
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §3-c, Gen Muni L; amd §2023-a, Ed L
2017-S4176 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4176 TITLE OF BILL : An act to amend the general municipal law and the education law, in relation to providing that certain excess tax levies by local governments and school districts do not make taxpayers ineligible for the real property tax freeze credit SUMMARY OF PROVISIONS : Section 1 amends the general municipal law to provide that, so long as a municipal tax levy increase is two percent or less, citizens of a locality will not lose their real property tax freeze credit if their locality exceeds the tax increase cap as set forth by the state. Section 2 amends the education law in order to enact the same changes as Section 1 for a school district's tax levy. Section 3 sets forth the effective date. JUSTIFICATION : It is commonly believed that localities and school districts are held to a 2% tax increase cap. This is not always the case, however, because the cap is the lower of either 2% or the rate of inflation. In 2016, this amounted to a cap of just 0.68%. This means that, often times, school districts and localities may vote to go over the cap,
2017-S4176 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4176 2017-2018 Regular Sessions I N S E N A T E February 6, 2017 ___________ Introduced by Sen. MARCHIONE -- 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 and the education law, in relation to providing that certain excess tax levies by local govern- ments and school districts do not make taxpayers ineligible for the real property tax freeze credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 7 of section 3-c of the general municipal law is renumbered subdivision 8 and a new subdivision 7 is added to read as follows: 7. IN THE EVENT A LOCAL GOVERNMENT'S ACTUAL TAX LEVY FOR A GIVEN FISCAL YEAR EXCEEDS THE TAX LEVY LIMIT AS ESTABLISHED PURSUANT TO THIS SECTION, SUCH EXCESS AMOUNT OF THE LEVY SHALL NOT CAUSE TAXPAYERS RESID- ING IN THE TERRITORY OF SUCH LOCAL GOVERNMENT TO BE INELIGIBLE FOR THE REAL PROPERTY TAX FREEZE CREDIT ALLOWABLE PURSUANT TO THE PROVISIONS OF SUBDIVISION (BBB) OF SECTION SIX HUNDRED SIX OF THE TAX LAW OR AFFECT THE AMOUNT OF SUCH CREDIT OR AFFECT THE AMOUNT OF ANY REFUND ISSUED PURSUANT TO THE CLAIMING OF SUCH CREDIT, PROVIDED THE ACTUAL TAX LEVY DOES NOT INCREASE BY MORE THAN TWO PERCENTAGE POINTS FROM THE ACTUAL TAX LEVY IMPOSED DURING THE PREVIOUS YEAR. § 2. Section 2023-a of the education law is amended by adding a new subdivision 5-a to read as follows: 5-A. IN THE EVENT A SCHOOL DISTRICT'S ACTUAL TAX LEVY FOR A GIVEN FISCAL YEAR EXCEEDS THE TAX LEVY LIMIT AS ESTABLISHED PURSUANT TO THIS SECTION, SUCH EXCESS AMOUNT OF THE LEVY SHALL NOT CAUSE TAXPAYERS RESID- ING IN THE TERRITORY SERVED BY SUCH SCHOOL DISTRICT TO BE INELIGIBLE FOR THE REAL PROPERTY TAX FREEZE CREDIT ALLOWABLE PURSUANT TO THE PROVISIONS OF SUBDIVISION (BBB) OF SECTION SIX HUNDRED SIX OF THE TAX LAW OR AFFECT THE AMOUNT OF SUCH CREDIT OR AFFECT THE AMOUNT OF ANY REFUND ISSUED PURSUANT TO THE CLAIMING OF SUCH CREDIT, PROVIDED THE ACTUAL TAX LEVY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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