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Senate Bill S9091

2017-2018 Legislative Session

Relates to tax certiorari proceedings by the Long Island power authority

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Archive: Last Bill Status - In Senate Committee Rules Committee

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2017-S9091 (ACTIVE) - Details

See Assembly Version of this Bill:
A11276
Current Committee:
Senate Rules
Law Section:
Public Authorities Law
Laws Affected:
Amd §1020-f, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2019-2020: S2853, A2485
2021-2022: A3396

2017-S9091 (ACTIVE) - Summary

Relates to tax certiorari proceedings by the Long Island power authority.

2017-S9091 (ACTIVE) - Sponsor Memo

2017-S9091 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9091
 
                             I N  S E N A T E
 
                               June 15, 2018
                                ___________
 
 Introduced  by  Sens.  FLANAGAN,  LAVALLE,  MARCELLINO -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Rules
 
 AN  ACT to amend the public authorities law, in relation to tax certior-
   ari proceedings by the Long Island power authority
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision (u) of section 1020-f of the public authorities
 law is amended by adding a new paragraph 5 to read as follows:
   5.  NOTWITHSTANDING  ANY  LAW, RULE, OR REGULATION TO THE CONTRARY, IN
 THE EVENT THAT THE AUTHORITY EITHER SUCCEEDS IN A TAX  CERTIORARI  CHAL-
 LENGE  AGAINST  A MUNICIPALITY ON ONE OR MORE OF ITS ELECTRIC GENERATING
 FACILITIES OR AGREES TO A REDUCTION IN ITS PROPERTY TAXES OR PAYMENTS IN
 LIEU OF TAXES PAID THROUGH A SETTLEMENT AGREEMENT WITH A MUNICIPALITY ON
 ONE OR MORE OF ITS ELECTRIC GENERATING FACILITIES, ANY SAVINGS IN  PROP-
 ERTY  TAXES  OR PAYMENTS IN LIEU OF TAXES PAID BY THE AUTHORITY SHALL BE
 USED SOLELY TO REDUCE THE RATES PAID BY ITS RATEPAYERS.
   § 2. This act shall take effect immediately.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD16328-03-8

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