S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    672
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              January 4, 2017
                                ___________
 
 Introduced by Sens. KENNEDY, GALLIVAN, LATIMER -- read twice and ordered
   printed,  and  when printed to be committed to the Committee on Educa-
   tion
 
 AN ACT to amend the education law, in relation  to  supplemental  impact
   aid grants
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 3641 of the education law is amended  by  adding  a
 new subdivision 17 to read as follows:
   17. SUPPLEMENTAL IMPACT AID GRANTS. A. THE PURPOSE OF THIS SUBDIVISION
 IS  TO  PROVIDE  FINANCIAL  ASSISTANCE  TO DISTRICTS OTHER THAN FOR CITY
 SCHOOL DISTRICTS OF CITIES HAVING POPULATIONS OF ONE HUNDRED TWENTY-FIVE
 THOUSAND OR MORE WHICH HAVE EXPERIENCED A SIGNIFICANT REDUCTION  IN  THE
 TAXABLE  FULL  VALUE  OF  THE SCHOOL DISTRICT AS A DIRECT CONSEQUENCE OF
 SECTION FOUR HUNDRED FORTY-SIX OF THE REAL PROPERTY TAX LAW. REAL  PROP-
 ERTY  ACTUALLY AND EXCLUSIVELY USED UNDER SECTION FOUR HUNDRED FORTY-SIX
 OF THE REAL PROPERTY TAX LAW  SHALL  REMAIN  EXEMPT  FROM  TAXATION  AND
 EXEMPT FROM SPECIAL AD VALOREM LEVIES AND SPECIAL ASSESSMENTS.
   B.  PRESCRIBED PAYMENTS. ON OR AFTER THE FIRST BUSINESS DAY OF JULY OF
 EACH SCHOOL YEAR, COMMENCING JULY FIRST, TWO THOUSAND SEVENTEEN,  SCHOOL
 DISTRICTS  SHALL  BE  FULLY REIMBURSED IN AN AMOUNT EQUAL TO ONE HUNDRED
 PERCENT OF THE EXEMPTION PROVIDED FOR BY SECTION FOUR HUNDRED  FORTY-SIX
 OF  THE REAL PROPERTY TAX LAW, IF THAT REIMBURSEMENT AMOUNT IS OVER TWO-
 TENTHS OF ONE PERCENT OF THE DISTRICT'S OVERALL STATE AID.   NO  PAYMENT
 SHALL  BE  MADE  PURSUANT TO THIS SUBDIVISION UNTIL SUCH AMOUNT FOR EACH
 SCHOOL DISTRICT IS CERTIFIED BY THE COMMISSIONER OF TAXATION AND FINANCE
 AND TRANSMITTED TO THE COMMISSIONER. SUCH CERTIFICATION SHALL BE MADE ON
 OR BEFORE JUNE THIRTIETH SO AS TO FACILITATE PAYMENTS TO BE MADE  PURSU-
 ANT TO THIS SECTION.
   C.  THE COMMISSIONER OF TAXATION AND FINANCE SHALL CALCULATE AN AMOUNT
 EQUAL TO ONE HUNDRED PERCENT OF THE EXEMPTION PROVIDED  FOR  BY  SECTION
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD01109-01-7

 S. 672                              2
 
 FOUR HUNDRED FORTY-SIX OF THE REAL PROPERTY TAX LAW FOR EACH DISTRICT. A
 DISTRICT  FULL REIMBURSEMENT AMOUNT SHALL EQUAL THE PRODUCT OF THE TOTAL
 EXEMPTED FULL VALUE MULTIPLIED BY THE DISTRICT  HOMESTEAD  PROPERTY  TAX
 RATE PER THOUSAND FOR THE BASE YEAR.
   D.  A DISTRICT IS ELIGIBLE FOR SUCH A REIMBURSEMENT IF THE QUOTIENT OF
 THE TOTAL AID FOR ADJUSTMENT DIVIDED  BY  ONE  HUNDRED  PERCENT  OF  THE
 EXEMPTION  PROVIDED  FOR  BY  SECTION FOUR HUNDRED FORTY-SIX OF THE REAL
 PROPERTY TAX LAW IS GREATER  THAN  TWO-TENTHS  OF  ONE  PERCENT.  FOR  A
 DISTRICT  DESIGNATED  AS  HIGH NEED OR AVERAGE NEED PURSUANT TO SUBPARA-
 GRAPH TWO OF PARAGRAPH C OF SUBDIVISION SIX  OF  THIS  SECTION  FOR  THE
 SCHOOL  AID  COMPUTER LISTING PRODUCED BY THE COMMISSIONER IN SUPPORT OF
 THE ENACTED BUDGET FOR THE TWO THOUSAND SEVEN--TWO THOUSAND EIGHT SCHOOL
 YEAR AND ENTITLED "SA0708", OR IN THE CASE  OF  A  REORGANIZED  DISTRICT
 THAT  HAD  A  PREDECESSOR DISTRICT THAT WAS SO DESIGNATED, SUCH DISTRICT
 SHALL BE FULLY REIMBURSED. FOR OTHER DISTRICTS DESIGNATED  AS  LOW  NEED
 PURSUANT  TO  SUBPARAGRAPH TWO OF PARAGRAPH C OF SUBDIVISION SIX OF THIS
 SECTION FOR THE SCHOOL AID COMPUTER LISTING PRODUCED BY THE COMMISSIONER
 IN SUPPORT OF THE ENACTED BUDGET FOR THE TWO THOUSAND  SEVEN--TWO  THOU-
 SAND  EIGHT SCHOOL YEAR AND ENTITLED "SA0708", OR IN THE CASE OF A REOR-
 GANIZED DISTRICT THAT HAD A PREDECESSOR DISTRICT THAT WAS SO DESIGNATED,
 AND A COMBINED WEALTH RATIO OF LESS  THAN  ONE  AND  FIVE-TENTHS  (1.5),
 TWENTY-FIVE PERCENT.
   FOR THE PURPOSES OF SUCH COMPUTATION, "TOTAL AID FOR ADJUSTMENT" SHALL
 MEAN THE SUM OF THE AMOUNTS SET FORTH FOR EACH SCHOOL DISTRICT AS "FOUN-
 DATION  AID",  "UNIVERSAL  PRE-KINDERGARTEN",  "FULL  DAY K CONVERSION",
 "BOCES & SPECIAL SERVICES", "HIGH COST  EXCESS  COST",  "PRIVATE  EXCESS
 COST",  "HARDWARE  & TECHNOLOGY", "SOFTWARE, LIBRARY, TEXTBOOK", "TRANS-
 PORTATION INCL SUMMER", "OPERATING  REORG  INCENTIVE",  "CHARTER  SCHOOL
 TRANSITIONAL",  "ACADEMIC ENHANCEMENT", "HIGH TAX AID" AND "SUPPLEMENTAL
 PUB EXCESS COST" UNDER THE HEADING  "2015-16  BASE  YEAR  AIDS"  IN  THE
 SCHOOL  AID  COMPUTER LISTING PRODUCED BY THE COMMISSIONER IN SUPPORT OF
 THE ENACTED BUDGET FOR THE TWO THOUSAND SIXTEEN--TWO THOUSAND  SEVENTEEN
 SCHOOL YEAR;
   E.  NO  PAYMENT  SHALL BE MADE PURSUANT TO THIS SUBDIVISION UNTIL SUCH
 AMOUNT FOR EACH SCHOOL DISTRICT IS  CERTIFIED  BY  THE  COMMISSIONER  OF
 TAXATION  AND  FINANCE AND TRANSMITTED TO THE COMMISSIONER. SUCH CERTIF-
 ICATION SHALL BE MADE ON OR BEFORE JUNE THIRTIETH SO  AS  TO  FACILITATE
 PAYMENTS TO BE MADE PURSUANT TO THIS SECTION.
   § 2. This act shall take effect immediately.