S T A T E   O F   N E W   Y O R K
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                                   4038
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 31, 2019
                                ___________
 
 Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to amend the real property tax law and the tax law,  in  relation
   to  the  "Middle  Class STAR" rebate program; to amend the tax law, in
   relation to creating the middle class circuit breaker tax  credit;  to
   amend  the administrative code of the city of New York, in relation to
   an enhanced personal income tax credit in such city; and to amend  the
   education  law,  in  relation  to establishing limitations upon school
   district tax levies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  real  property  tax law is amended by adding two new
 sections 1306-b and 1307 to read as follows:
   § 1306-B. "MIDDLE CLASS STAR" REBATE PROGRAM. 1. TAX REBATES. (A) IF A
 PARCEL IS ENTITLED TO THE BASIC OR ENHANCED STAR EXEMPTION AUTHORIZED BY
 SECTION FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER FOR  THE  TWO  THOUSAND
 NINETEEN--TWO  THOUSAND  TWENTY  SCHOOL  YEAR  AND EACH YEAR THEREAFTER,
 EXCEPT AS PROVIDED  IN  PARAGRAPH  (G)  OF  SUBDIVISION  THREE  OF  THIS
 SECTION,  A  LOCAL PROPERTY TAX REBATE SHALL BE PROVIDED TO THE OWNER OR
 OWNERS OF SUCH PARCEL AS SHOWN ON THE FINAL  ASSESSMENT  ROLL  FOR  SUCH
 YEAR,  IN  AN  AMOUNT COMPUTED AS PRESCRIBED BY THIS SECTION AND SECTION
 ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW.
   (B) IT SHALL BE THE RESPONSIBILITY OF THE DEPARTMENT TO ISSUE SUCH TAX
 REBATES TO SUCH OWNERS IN THE MANNER PROVIDED  BY  SECTION  ONE  HUNDRED
 SEVENTY-EIGHT OF THE TAX LAW. NOTHING IN THIS SECTION SHALL BE CONSTRUED
 AS PERMITTING PARTIAL OR INSTALLMENT PAYMENTS OF TAXES IN A JURISDICTION
 WHICH HAS NOT AUTHORIZED THE SAME PURSUANT TO LAW.
   2. PROCEDURE. (A) ON OR BEFORE AUGUST FIFTEENTH EACH YEAR, THE DEPART-
 MENT, OR ON OR BEFORE JULY FIRST EACH YEAR, IN THE CASE OF A CITY WITH A
 POPULATION  OF  ONE MILLION OR MORE, THE COMMISSIONER OF FINANCE OF SUCH
 CITY, OR HIS OR HER DESIGNEE, SHALL PROVIDE TO THE COMMISSIONER A REPORT
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD07085-01-9

 A. 4038                             2
 
 IN A MUTUALLY AGREEABLE FORMAT CONCERNING THOSE PARCELS WHICH HAVE  BEEN
 GRANTED  AN  EXEMPTION AUTHORIZED BY SECTION FOUR HUNDRED TWENTY-FIVE OF
 THIS CHAPTER ON THE ASSESSMENT ROLLS USED TO  GENERATE  THE  SCHOOL  TAX
 BILLS FOR THE TWO THOUSAND NINETEEN--TWO THOUSAND TWENTY SCHOOL TAX YEAR
 AND  FOR  EACH  YEAR  THEREAFTER; EXCEPT AS PROVIDED IN PARAGRAPH (G) OF
 SUBDIVISION THREE OF THIS SECTION, PROVIDED HOWEVER THE  INFORMATION  TO
 BE  PROVIDED  ON SUCH REPORT SHALL BE OBTAINED FROM THE FINAL ASSESSMENT
 ROLL DATA FILES USED TO GENERATE THE TWO THOUSAND NINETEEN--TWO THOUSAND
 TWENTY SCHOOL TAX BILLS AND EACH YEAR THEREAFTER, FILED WITH THE DEPART-
 MENT PURSUANT TO SECTION FIFTEEN HUNDRED NINETY OF THIS  CHAPTER  ON  OR
 BEFORE  JULY  THIRTY-FIRST OF SUCH YEAR. SUCH REPORT SHALL SET FORTH THE
 NAMES AND MAILING ADDRESSES OF THE OWNERS OF SUCH PARCELS  AS  SHOWN  ON
 SUCH  ASSESSMENT  ROLL  DATA  FILES,  THE IDENTIFICATION NUMBERS OF SUCH
 PARCELS AS SHOWN ON SUCH ASSESSMENT ROLL  DATA  FILES,  AND  SUCH  OTHER
 INFORMATION  IN  THE  POSSESSION  OF THE DEPARTMENT, OR IN THE CASE OF A
 CITY WITH A POPULATION OF ONE  MILLION  OR  MORE,  THE  COMMISSIONER  OF
 FINANCE  OF  SUCH  CITY,  AS THE COMMISSIONER MAY DEEM NECESSARY FOR THE
 EFFECTIVE ADMINISTRATION OF THIS PROGRAM, INCLUDING INFORMATION  REGARD-
 ING  COOPERATIVE  APARTMENT  BUILDINGS  AND MOBILE HOME PARKS OR SIMILAR
 PROPERTY. IT SHALL BE THE RESPONSIBILITY OF THE ASSESSOR OR ASSESSORS OF
 EACH ASSESSING UNIT TO ENSURE THAT THE NAMES AND  MAILING  ADDRESSES  OF
 SUCH  OWNERS ARE ACCURATELY RECORDED ON SUCH ROLLS AND FILES TO THE BEST
 OF HIS OR HER ABILITY, BASED UPON THE INFORMATION CONTAINED  IN  HIS  OR
 HER  OFFICE. NOTHING CONTAINED IN THIS SUBDIVISION SHALL BE CONSTRUED AS
 AFFECTING IN ANY WAY THE VALIDITY OR ENFORCEABILITY OF A  REAL  PROPERTY
 TAX, OR THE APPLICABILITY OF INTEREST OR PENALTIES WITH RESPECT THERETO,
 WHEN  AN  OWNER'S  NAME  OR  MAILING  ADDRESS  HAS  NOT  BEEN ACCURATELY
 RECORDED.
   (B) (I) NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDI-
 VISION, WHERE AN ASSESSING UNIT CONTAINS ONE OR  MORE  PROPERTIES  WHICH
 ARE RECEIVING SUCH EXEMPTION IN RELATION TO A PRIOR YEAR ASSESSMENT ROLL
 PURSUANT  TO  PARAGRAPH  (D)  OF SUBDIVISION SIX OF SECTION FOUR HUNDRED
 TWENTY-FIVE OF THIS CHAPTER,  OR  CONTAINS  ONE  OR  MORE  PARCELS  WITH
 RESPECT  TO  WHICH  SUCH  EXEMPTION  WAS DULY ADDED OR REMOVED AFTER THE
 FILING OF THE FINAL ASSESSMENT ROLL PURSUANT TO THE PROVISIONS OF  TITLE
 THREE  OF  ARTICLE  FIVE OF THIS CHAPTER, THE DEPARTMENT MAY REQUIRE THE
 ASSESSOR TO FILE WITH IT, ON OR BEFORE JULY THIRTY-FIRST EACH  YEAR,  OR
 SUCH  LATER  DATE  AS  THE DEPARTMENT MAY SPECIFY, A SUPPLEMENTAL REPORT
 RELATING TO SUCH PROPERTY OR PROPERTIES, SO THAT INFORMATION  PERTAINING
 TO  THE  OWNERS  THEREOF MAY BE INCLUDED IN THE REPORT TO BE MADE TO THE
 COMMISSIONER PURSUANT TO THIS PARAGRAPH. WHEN ANY  INFORMATION  REQUIRED
 BY  THIS PARAGRAPH IS RECEIVED BY THE DEPARTMENT AFTER JULY THIRTY-FIRST
 EACH YEAR, SUCH INFORMATION SHALL BE TRANSMITTED AS SOON  AS  REASONABLY
 PRACTICABLE  TO  THE  COMMISSIONER FOR USE IN ISSUING LOCAL PROPERTY TAX
 REBATES PURSUANT TO SECTION ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW.
   (II) WHERE THE OWNERSHIP OF A PARCEL THAT  HAD  BEEN  ELIGIBLE  FOR  A
 REBATE  PURSUANT  TO  THIS SECTION CHANGES OR AN EXEMPTION UNDER SECTION
 FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER HAS BEEN  GRANTED  OR  REMOVED,
 THE  ASSESSOR  SHALL  NOTIFY  THE DEPARTMENT OF THE CHANGE NO LATER THAN
 AUGUST FIRST OF THE FOLLOWING YEAR.
   3. REBATE BASE.  (A) THE DEPARTMENT SHALL CALCULATE  THE  REBATE  BASE
 AND CERTIFY THE SAME NO LATER THAN JULY FIRST EACH YEAR.
   (B)  TWO REBATE BASES FOR THE BASIC STAR EXEMPTION SHALL BE DETERMINED
 FOR EACH SEGMENT FOR THE TWO THOUSAND NINETEEN--TWO THOUSAND TWENTY  AND
 SUBSEQUENT  SCHOOL  YEARS. SUCH REBATE BASES SHALL BE COMPUTED BY DETER-
 MINING THE EXEMPT AMOUNT ESTABLISHED FOR THE SEGMENT FOR PURPOSES OF THE

 A. 4038                             3
 
 BASIC STAR EXEMPTION FOR THE TWO THOUSAND NINETEEN--TWO THOUSAND  TWENTY
 AND  SUBSEQUENT  SCHOOL  YEARS,  MULTIPLYING  THAT  AMOUNT BY THE SCHOOL
 DISTRICT TAX RATE APPLICABLE WITHIN THAT SEGMENT FOR PURPOSES OF THE TWO
 THOUSAND  NINETEEN--TWO  THOUSAND TWENTY AND SUBSEQUENT SCHOOL YEARS, AS
 REPORTED BY THE SCHOOL DISTRICT.   FOR THE  TWO  THOUSAND  NINETEEN--TWO
 THOUSAND  TWENTY AND SUBSEQUENT SCHOOL YEARS, SUCH REBATE BASES SHALL BE
 COMPUTED BY MULTIPLYING THE PRODUCT  BY  SIXTY  PERCENT  AND  FORTY-FIVE
 PERCENT,  RESPECTIVELY.  THE  RESULTS SHALL BE ASSOCIATED WITH THE FIRST
 AND SECOND INCOME BRACKETS, RESPECTIVELY,  THAT  ARE  APPLICABLE  WITHIN
 THAT SEGMENT.
   (B-1)  (I)  THE  FIRST INCOME BRACKET SHALL BE UP TO AND INCLUDING ONE
 HUNDRED TWENTY THOUSAND DOLLARS; THE SECOND INCOME BRACKET SHALL BE OVER
 ONE HUNDRED TWENTY THOUSAND DOLLARS UP  TO  AND  INCLUDING  ONE  HUNDRED
 FIFTY THOUSAND DOLLARS.
   (II)  SUCH  BRACKETS ARE SUBJECT TO INDEXING FOR INFLATION PURSUANT TO
 SUBDIVISION FIFTEEN OF SECTION ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW.
   (C) ONE REBATE BASE FOR THE ENHANCED STAR EXEMPTION  SHALL  BE  DETER-
 MINED FOR EACH SEGMENT FOR THE TWO THOUSAND NINETEEN--TWO THOUSAND TWEN-
 TY  AND  SUBSEQUENT SCHOOL YEARS. SUCH REBATE BASES SHALL BE COMPUTED BY
 DETERMINING THE EXEMPT AMOUNT ESTABLISHED FOR THE SEGMENT  FOR  PURPOSES
 OF  THE ENHANCED STAR EXEMPTION FOR THE TWO THOUSAND NINETEEN--TWO THOU-
 SAND TWENTY SCHOOL YEAR.  SUCH REBATE BASES SHALL BE COMPUTED BY  MULTI-
 PLYING  THAT  AMOUNT  BY  THE SCHOOL DISTRICT TAX RATE APPLICABLE WITHIN
 THAT SEGMENT FOR PURPOSES OF THAT SCHOOL YEAR, AS REPORTED BY THE SCHOOL
 DISTRICT, AND THEN MULTIPLYING THE PRODUCT.
   (D) FOR PURPOSES OF THIS SECTION, THE TERM "SEGMENT" MEANS THE PART OF
 A CITY OR TOWN THAT IS WITHIN A SCHOOL DISTRICT.
   (E) IN THE CASE OF SCHOOL DISTRICTS WITHIN SPECIAL ASSESSING UNITS  AS
 DEFINED  IN  SECTION  EIGHTEEN  HUNDRED  ONE OF THIS CHAPTER, THE SCHOOL
 DISTRICT TAX RATE TO BE USED FOR THIS PURPOSE  SHALL  BE  THE  TAX  RATE
 APPLICABLE  TO  CLASS  ONE  PROPERTIES AS DEFINED IN ARTICLE EIGHTEEN OF
 THIS CHAPTER, AS REPORTED BY THE SCHOOL DISTRICT AND THE  EXEMPT  AMOUNT
 SHALL  BE  ESTABLISHED  FOR THE SEGMENT. IN THE CASE OF SCHOOL DISTRICTS
 WITHIN APPROVED ASSESSING UNITS AS DEFINED IN SECTION  NINETEEN  HUNDRED
 ONE  OF  THIS CHAPTER WHICH HAVE ADOPTED THE PROVISIONS OF SECTION NINE-
 TEEN HUNDRED THREE OF THIS CHAPTER, THE SCHOOL DISTRICT TAX RATE  TO  BE
 USED  FOR THIS PURPOSE SHALL BE THE TAX RATE APPLICABLE TO THE HOMESTEAD
 CLASS, AS DEFINED IN ARTICLE NINETEEN OF THIS CHAPTER,  AS  REPORTED  BY
 THE SCHOOL DISTRICT.
   (F)  WHERE  THE  PROVISIONS  OF  SUBPARAGRAPH (IV) OF PARAGRAPH (K) OF
 SUBDIVISION TWO OF SECTION FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER  ARE
 APPLICABLE,  THE  APPLICABLE  REBATE  AMOUNT  SHALL  BE ONE-THIRD OF THE
 OTHERWISE APPLICABLE REBATE AMOUNT SET FORTH IN PARAGRAPH (B) OR (C)  OF
 THIS  SUBDIVISION. THE DEPARTMENT SHALL CALCULATE AND CERTIFY THE REBATE
 AMOUNTS APPLICABLE IN SUCH CASES, ALONG WITH THE CERTIFICATION  REQUIRED
 BY PARAGRAPH (A) OF THIS SUBDIVISION.
   (G) FOR THE PURPOSES OF THE TWO THOUSAND NINETEEN--TWO THOUSAND TWENTY
 SCHOOL YEAR AND EACH YEAR THEREAFTER, TAX REBATES AUTHORIZED PURSUANT TO
 THIS SECTION SHALL APPLY ONLY TO THOSE OWNERS WHO:
   (I) HAVE ATTAINED THE AGE OF SIXTY-FIVE YEARS OR OLDER; AND
   (II)  HAVE "AFFILIATED INCOME" AS DEFINED IN PARAGRAPH (B) OF SUBDIVI-
 SION SIX OF SECTION ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW EQUAL TO OR
 LESS THAN ONE HUNDRED FIFTY THOUSAND DOLLARS.
   § 1307. LIMITATIONS UPON SCHOOL DISTRICT  TAX  LEVIES.  1.  GENERALLY.
 UNLESS OTHERWISE PROVIDED BY LAW, THE AMOUNT OF TAXES THAT MAY BE LEVIED
 BY  OR  ON  BEHALF  OF  ANY  SCHOOL  DISTRICT,  OTHER THAN A CITY SCHOOL

 A. 4038                             4
 
 DISTRICT OF A CITY WITH ONE HUNDRED TWENTY-FIVE THOUSAND INHABITANTS  OR
 MORE,  SHALL NOT EXCEED THE TAX LEVY LIMITATIONS ESTABLISHED PURSUANT TO
 SECTION TWO THOUSAND TWENTY-THREE-C OF THE EDUCATION LAW.  IT  SHALL  BE
 THE  RESPONSIBILITY  OF THE COMMISSIONER OF EDUCATION TO ANNUALLY DETER-
 MINE THE TAX LEVY LIMIT OF EACH SCHOOL DISTRICT IN ACCORDANCE  WITH  THE
 PROVISIONS OF THIS SECTION.
   2. DEFINITIONS. AS USED IN THIS SECTION:
   (A)  "AVAILABLE  CARRYOVER"  MEANS THE SUM OF THE AMOUNTS BY WHICH THE
 TAX LEVY FOR EACH SCHOOL YEAR FROM THE TWO THOUSAND NINETEEN--TWO  THOU-
 SAND  TWENTY  SCHOOL  YEAR  THROUGH  THE PRIOR SCHOOL YEAR WAS BELOW THE
 APPLICABLE TAX LEVY LIMIT FOR SUCH SCHOOL YEAR, IF ANY.
   (B) "CAPITAL LOCAL EXPENDITURES" MEANS THE TAXES ASSOCIATED WITH BUDG-
 ETED EXPENDITURES RESULTING FROM THE CONSTRUCTION,  ACQUISITION,  RECON-
 STRUCTION,  REHABILITATION OR IMPROVEMENT OF SCHOOL BUILDINGS, INCLUDING
 DEBT SERVICE AND LEASE EXPENDITURES, SUBJECT  TO  THE  APPROVAL  OF  THE
 QUALIFIED VOTERS WHERE REQUIRED BY LAW.
   (C) "CAPITAL TAX LEVY" MEANS THE TAX LEVY NECESSARY TO SUPPORT CAPITAL
 LOCAL EXPENDITURES, IF ANY.
   (D)  "COMING  SCHOOL  YEAR"  MEANS  THE SCHOOL YEAR FOR WHICH TAX LEVY
 LIMITS ARE BEING DETERMINED PURSUANT TO THIS SECTION.
   (E) "INFLATION FACTOR" MEANS THE PERCENTAGE THAT REPRESENTS THE  PROD-
 UCT  OF ONE HUNDRED AND THE QUOTIENT OF: (I) THE AVERAGE OF THE NATIONAL
 CONSUMER PRICE INDEXES DETERMINED BY THE  UNITED  STATES  DEPARTMENT  OF
 LABOR FOR THE TWELVE MONTH PERIOD PRECEDING JANUARY FIRST OF THE CURRENT
 YEAR MINUS THE AVERAGE OF THE NATIONAL CONSUMER PRICE INDEXES DETERMINED
 BY  THE  UNITED  STATES  DEPARTMENT OF LABOR FOR THE TWELVE-MONTH PERIOD
 PRECEDING JANUARY FIRST OF THE PRIOR YEAR, DIVIDED BY: (II) THE  AVERAGE
 OF  THE  NATIONAL CONSUMER PRICE INDEXES DETERMINED BY THE UNITED STATES
 DEPARTMENT OF LABOR FOR THE TWELVE-MONTH PERIOD PRECEDING JANUARY  FIRST
 OF THE PRIOR YEAR, WITH THE RESULT EXPRESSED AS A DECIMAL TO TWO PLACES.
   (F)  "LEVY GROWTH FACTOR" SHALL BE THE LESSER OF: (I) FOUR PERCENT; OR
 (II) ONE HUNDRED TWENTY PERCENT OF THE INFLATION FACTOR.
   (G) "PRIOR SCHOOL YEAR" MEANS THE SCHOOL  YEAR  IMMEDIATELY  PRECEDING
 THE COMING SCHOOL YEAR.
   (H)  "SCHOOL  DISTRICT"  MEANS  A  COMMON  SCHOOL DISTRICT, UNION FREE
 SCHOOL DISTRICT, CENTRAL SCHOOL DISTRICT, CENTRAL HIGH  SCHOOL  DISTRICT
 OR  A  CITY SCHOOL DISTRICT IN A CITY WITH LESS THAN ONE HUNDRED TWENTY-
 FIVE THOUSAND INHABITANTS.
   (I) "TAX LEVY BASE" MEANS THE AMOUNT OF TAXES A SCHOOL DISTRICT  WOULD
 BE  AUTHORIZED  TO  LEVY WITHOUT THE ADDITION OF ANY AVAILABLE CARRYOVER
 AMOUNT.
   (J) "TAX LEVY LIMIT" MEANS THE AMOUNT OF TAXES A  SCHOOL  DISTRICT  IS
 AUTHORIZED TO LEVY PURSUANT TO THIS SECTION, PROVIDED, HOWEVER, THAT THE
 TAX  LEVY  LIMIT  SHALL  NOT INCLUDE THE DISTRICT'S CAPITAL TAX LEVY, IF
 ANY.
   3. TAX BASE GROWTH FACTOR. (A) NO LATER THAN MARCH FIRST OF EACH YEAR,
 THE DEPARTMENT SHALL IDENTIFY THOSE SCHOOL DISTRICTS FOR WHICH TAX  BASE
 GROWTH  FACTORS MUST BE DETERMINED FOR THE COMING SCHOOL YEAR, AND SHALL
 NOTIFY THE COMMISSIONER OF EDUCATION OF THE TAX BASE GROWTH  FACTORS  SO
 DETERMINED, IF ANY.
   (B)  THE  DEPARTMENT SHALL CALCULATE A QUANTITY CHANGE FACTOR FOR EACH
 SCHOOL DISTRICT FOR THE COMING SCHOOL YEAR BASED UPON  THE  PHYSICAL  OR
 QUANTITY  CHANGE,  AS  DEFINED  BY SECTION TWELVE HUNDRED TWENTY OF THIS
 CHAPTER, REPORTED TO THE DEPARTMENT BY THE ASSESSOR OR ASSESSORS  PURSU-
 ANT  TO  SECTION FIVE HUNDRED SEVENTY-FIVE OF THIS CHAPTER. THE QUANTITY
 CHANGE FACTOR SHALL SHOW THE PERCENTAGE BY WHICH THE FULL VALUE  OF  THE

 A. 4038                             5
 
 TAXABLE REAL PROPERTY IN THE SCHOOL DISTRICT HAS CHANGED DUE TO PHYSICAL
 OR  QUANTITY  CHANGE  BETWEEN  THE SECOND FINAL ASSESSMENT ROLL OR ROLLS
 PRECEDING THE FINAL ASSESSMENT ROLL OR ROLLS UPON WHICH TAXES ARE TO  BE
 LEVIED, AND THE FINAL ASSESSMENT ROLL OR ROLLS IMMEDIATELY PRECEDING THE
 FINAL ASSESSMENT ROLL OR ROLLS UPON WHICH TAXES ARE TO BE LEVIED.
   (C)  AFTER  DETERMINING  THE  QUANTITY  CHANGE  FACTOR  FOR  A  SCHOOL
 DISTRICT, THE DEPARTMENT SHALL PROCEED AS FOLLOWS:
   (I) IF THE QUANTITY CHANGE FACTOR IS NEGATIVE,  THE  DEPARTMENT  SHALL
 NOT DETERMINE A TAX BASE GROWTH FACTOR FOR THE SCHOOL DISTRICT.
   (II)  IF  THE QUANTITY CHANGE FACTOR IS POSITIVE, THE DEPARTMENT SHALL
 DETERMINE A TAX BASE GROWTH FACTOR FOR  THE  SCHOOL  DISTRICT  WHICH  IS
 EQUAL  TO  THE  QUANTITY CHANGE FACTOR, PROVIDED THAT IN NO CASE SHALL A
 TAX BASE GROWTH FACTOR BE IN EXCESS OF TEN PERCENT.
   4. COMPUTATION OF TAX LEVY LIMITS. (A) THE  TAX  LEVY  BASE  FOR  EACH
 SCHOOL YEAR SHALL BE DETERMINED AS FOLLOWS:
   (I)  ASCERTAIN  THE  TOTAL AMOUNT OF TAXES LEVIED FOR THE PRIOR SCHOOL
 YEAR.
   (II) ADD ANY PAYMENTS IN LIEU OF TAXES THAT  WERE  RECEIVABLE  IN  THE
 PRIOR SCHOOL YEAR.
   (III) SUBTRACT THE CAPITAL TAX LEVY FOR THE PRIOR SCHOOL YEAR, IF ANY.
   (IV) MULTIPLY THE RESULT BY THE LEVY GROWTH FACTOR.
   (V) MULTIPLY THE RESULT BY THE TAX BASE GROWTH FACTOR, IF ANY.
   (B) THE TAX LEVY BASE SHALL BE ADJUSTED BY ADDING THE AVAILABLE CARRY-
 OVER, IF ANY, PROVIDED THAT IN NO EVENT SHALL THE AMOUNT OF ADDED CARRY-
 OVER  EXCEED  ONE  AND  ONE-HALF  PERCENT  OF THE TAX LEVY FOR THE PRIOR
 SCHOOL YEAR.
   (C) THE TAX LEVY LIMIT  FOR  THE  COMING  SCHOOL  YEAR  SHALL  BE  THE
 ADJUSTED TAX LEVY BASE, LESS ANY PAYMENTS IN LIEU OF TAXES RECEIVABLE IN
 THE  COMING  SCHOOL  YEAR.  NO  LATER THAN MARCH FIRST OF EACH YEAR, THE
 COMMISSIONER OF EDUCATION SHALL CALCULATE THE TAX LEVY  LIMIT  FOR  EACH
 SCHOOL  DISTRICT,  AND  SHALL  NOTIFY  EACH  SCHOOL DISTRICT OF THE LEVY
 GROWTH FACTOR, THE DISTRICT'S  TAX  BASE  GROWTH  FACTOR,  IF  ANY,  THE
 DISTRICT'S TAX LEVY BASE AND THE DISTRICT'S TAX LEVY LIMIT.
   5.  VOTER  UNDERRIDES.  THE  QUALIFIED VOTERS OF A SCHOOL DISTRICT MAY
 VOTE TO REDUCE (OR UNDERRIDE) THE LIMITATIONS IMPOSED  BY  THIS  SECTION
 FOR  SUCH  SCHOOL  DISTRICT  FOR  THE  COMING  SCHOOL YEAR IN THE MANNER
 PROVIDED BY SECTION TWO THOUSAND TWENTY-THREE-C OF THE EDUCATION LAW.
   6. REORGANIZED SCHOOL DISTRICTS. WHEN TWO  OR  MORE  SCHOOL  DISTRICTS
 REORGANIZE,  THE  COMMISSIONER OF EDUCATION SHALL DETERMINE THE TAX LEVY
 LIMIT FOR THE REORGANIZED SCHOOL DISTRICT BASED ON  THE  RESPECTIVE  TAX
 LEVY LIMITS OF THE SCHOOL DISTRICTS THAT FORMED THE REORGANIZED DISTRICT
 FROM  THE  LAST  SCHOOL  YEAR  IN  WHICH  THEY  WERE SEPARATE DISTRICTS,
 PROVIDED THAT IN THE EVENT OF FORMATION OF A  NEW  CENTRAL  HIGH  SCHOOL
 DISTRICT,  THE  TAX LEVY LIMITS FOR THE NEW CENTRAL HIGH SCHOOL DISTRICT
 AND ITS COMPONENT SCHOOL DISTRICTS SHALL  BE  DETERMINED  IN  ACCORDANCE
 WITH A METHODOLOGY PRESCRIBED BY THE COMMISSIONER OF EDUCATION.
   7.  ERRONEOUS LEVIES. IN THE EVENT A SCHOOL DISTRICT'S ACTUAL TAX LEVY
 FOR A GIVEN SCHOOL YEAR EXCEEDS THE MAXIMUM  ALLOWABLE  LEVY  AS  ESTAB-
 LISHED  PURSUANT TO SECTION TWO THOUSAND TWENTY-THREE-C OF THE EDUCATION
 LAW DUE TO CLERICAL OR TECHNICAL ERRORS, THE SCHOOL DISTRICT SHALL PLACE
 THE EXCESS AMOUNT OF  THE  LEVY  IN  RESERVE  IN  ACCORDANCE  WITH  SUCH
 REQUIREMENTS  AS THE STATE COMPTROLLER MAY PRESCRIBE, AND SHALL USE SUCH
 FUNDS AND ANY INTEREST EARNED THEREON TO OFFSET THE  TAX  LEVY  FOR  THE
 ENSUING SCHOOL YEAR.
   §  2.  The  tax  law is amended by adding a new section 178 to read as
 follows:

 A. 4038                             6
 
   § 178. "MIDDLE CLASS STAR" REBATE PROGRAM. 1. THE  COMMISSIONER  SHALL
 ISSUE  THE  LOCAL  PROPERTY  TAX  REBATES AUTHORIZED BY SECTION THIRTEEN
 HUNDRED SIX-B OF THE REAL PROPERTY TAX LAW EXCEPT AS PROVIDED  IN  PARA-
 GRAPH  (G)  OF  SUBDIVISION THREE OF SUCH SECTION.  FOR PURPOSES OF THIS
 SECTION THE REBATE SHALL BE CALCULATED USING THE COMPUTATION FORMULA SET
 FORTH IN SUBDIVISION THREE OF SECTION THIRTEEN HUNDRED SIX-B OF THE REAL
 PROPERTY TAX LAW.
   2.  ON  OR BEFORE AUGUST FIFTEENTH EACH YEAR, THE DEPARTMENT, OR ON OR
 BEFORE JULY FIRST EACH YEAR IN THE CASE OF A CITY WITH A  POPULATION  OF
 ONE  MILLION  OR MORE, THE COMMISSIONER OF FINANCE, SHALL PROVIDE TO THE
 COMMISSIONER A REPORT IN A MUTUALLY AGREEABLE  FORMAT  CONCERNING  THOSE
 PARCELS WHICH SATISFY THE CRITERIA SET FORTH IN SECTION THIRTEEN HUNDRED
 SIX-B OF THE REAL PROPERTY TAX LAW.
   3. THE COMMISSIONER IN CONSULTATION WITH, IN THE CASE OF A CITY WITH A
 POPULATION  OF  ONE MILLION OR MORE, THE COMMISSIONER OF FINANCE OF SUCH
 CITY, IS AUTHORIZED TO DEVELOP PROCEDURES NECESSARY TO PROVIDE  FOR  THE
 ISSUANCE  OF  LOCAL  PROPERTY TAX REBATES TO QUALIFYING PROPERTY OWNERS,
 AND THOSE QUALIFYING PROPERTY OWNERS THAT DID NOT RECEIVE THEM  INITIAL-
 LY.  IF  THE  COMMISSIONER  IS  NOT SATISFIED THAT THE PROPERTY OWNER IS
 QUALIFIED FOR THE LOCAL PROPERTY TAX REBATE, THE COMMISSIONER SHALL  NOT
 ISSUE SUCH REBATE.
   4.  WHEN THE PROPER PAYMENT OF A TAX REBATE UNDER THIS SECTION DEPENDS
 UPON CONSTRUCTION OF THE MEANING OF THE PROVISIONS OF  SECTION  THIRTEEN
 HUNDRED  SIX-B  OF THE REAL PROPERTY TAX LAW (AND ANY RELATED PROVISIONS
 OF SUCH LAW) OR INTERPRETATION OF THE TERMS CONTAINED THEREIN, IT  SHALL
 BE  THE  RESPONSIBILITY OF THE DEPARTMENT TO PROVIDE THE CONSTRUCTION OR
 INTERPRETATION OF ANY SUCH PROVISIONS OR TERMS.
   5. BY DEPOSITING A REBATE ISSUED PURSUANT TO THIS SECTION AND  AUTHOR-
 IZED BY SECTION THIRTEEN HUNDRED SIX-B OF THE REAL PROPERTY TAX LAW, THE
 PAYEE  IS  CERTIFYING THAT HE OR SHE IS THE PROPERTY OWNER, AND THAT THE
 PRIMARY RESIDENCE OF SUCH PROPERTY OWNER IS NOT SUBJECT  TO  ANY  DELIN-
 QUENT SCHOOL TAXES.
   6.  VERIFICATION OF "AFFILIATED INCOME" FOR "MIDDLE CLASS STAR" REBATE
 PROGRAM. (A) GENERALLY. THE DETERMINATION OF THE "AFFILIATED INCOME"  OF
 PARCELS  FOR  PURPOSES  OF  THE  "MIDDLE  CLASS  STAR" REBATE PROGRAM AS
 AUTHORIZED BY SUBDIVISION THREE OF SECTION THIRTEEN HUNDRED SIX-B OF THE
 REAL PROPERTY TAX LAW SHALL BE MADE AS PROVIDED BY THIS SECTION.
   (B) FOR PURPOSES OF THIS SUBDIVISION, THE TERM "INCOME" SHALL HAVE THE
 SAME MEANING AS SET FORTH IN  SUBPARAGRAPH  (II)  OF  PARAGRAPH  (B)  OF
 SUBDIVISION FOUR OF SECTION FOUR HUNDRED TWENTY-FIVE OF THE REAL PROPER-
 TY  TAX LAW. THE TERM "AFFILIATED INCOME" SHALL MEAN THE COMBINED INCOME
 OF ALL OF THE OWNERS OF THE PARCEL WHO RESIDED PRIMARILY THEREON ON  THE
 TAXABLE  STATUS DATE FOR THE ASSESSMENT ROLL USED TO GENERATE THE APPLI-
 CABLE SCHOOL TAX BILLS, AND OF ANY OWNERS'  SPOUSES  FILING  JOINTLY  OR
 SPOUSES'  RESIDING  PRIMARILY  THEREON  IN  THE CASES OF SPOUSES' FILING
 SEPARATE RETURNS ON SUCH TAXABLE STATUS DATE AND SHALL BE DETERMINED  AS
 FOLLOWS:
   (I)  FOR  THE  TWO THOUSAND NINETEEN--TWO THOUSAND TWENTY SCHOOL YEAR,
 AFFILIATED INCOME SHALL BE DETERMINED BASED UPON  THE  PARTIES'  INCOMES
 FOR THE INCOME TAX YEAR ENDING IN TWO THOUSAND EIGHTEEN.  IN EACH SUBSE-
 QUENT  YEAR,  THE  APPLICABLE  INCOME  TAX YEAR SHALL BE ADVANCED BY ONE
 YEAR.
   (II) THE DEPARTMENT SHALL DETERMINE THE  AFFILIATED  INCOME  FOR  EACH
 PARCEL  AND SHALL ASSIGN A REBATE AMOUNT FOR EACH PARCEL BASED UPON SUCH
 DETERMINATION. IN ANY CASE WHERE AFFILIATED INCOME CANNOT BE DETERMINED,
 A REBATE SHALL NOT BE ISSUED.

 A. 4038                             7

   7. NOTIFICATION REQUIREMENT. THE  DEPARTMENT  SHALL  MAIL  INFORMATION
 CONCERNING  THE  "MIDDLE CLASS STAR" REBATE PROGRAM TO OWNERS OF PARCELS
 RECEIVING A BASIC STAR EXEMPTION ON THE ASSESSMENT ROLL USED TO GENERATE
 THE TWO THOUSAND NINETEEN--TWO THOUSAND TWENTY  SCHOOL  TAX  BILL.  SUCH
 NOTIFICATION  SHALL  EXPLAIN THAT PROPERTY OWNERS MUST FILE APPLICATIONS
 WITH THE DEPARTMENT IN ORDER TO OBTAIN THE REBATE  AVAILABLE  UNDER  THE
 "MIDDLE  CLASS  STAR"  REBATE PROGRAM. SUCH NOTICE SHALL FURTHER EXPLAIN
 HOW TO OBTAIN THE APPLICATION.
   8. APPLICATIONS. (A) IN ORDER TO OBTAIN THE BENEFITS  OF  THE  "MIDDLE
 CLASS  STAR"  REBATE PROGRAM, THE PROPERTY OWNER MUST SUBMIT AN APPLICA-
 TION TO THE DEPARTMENT NO LATER THAN DECEMBER THIRTY-FIRST, TWO THOUSAND
 NINETEEN.  THE APPLICANT SHALL PROVIDE THE DEPARTMENT WITH SUCH INFORMA-
 TION AS MAY BE NECESSARY TO DETERMINE THE  PARCEL'S  AFFILIATED  INCOME.
 THE  PERSONS OTHER THAN THE APPLICANT WHOSE INCOMES ARE NECESSARY TO THE
 DETERMINATION OF THE PARCEL'S AFFILIATED INCOME SHALL BE REFERRED TO  IN
 THIS  SECTION  AS  "AFFILIATED PERSONS." RECIPIENTS OF THE ENHANCED STAR
 EXEMPTION SHALL NOT FILE AN APPLICATION TO RECEIVE A REBATE. THE DEPART-
 MENT SHALL MAIL ENHANCED STAR REBATE RECIPIENTS THEIR REBATES IN A TIME-
 LY MANNER.
   (B) IF THE APPLICANT OR ANY AFFILIATED PERSONS WERE  NOT  REQUIRED  TO
 FILE  STATE  INCOME TAX RETURNS FOR THE TWO THOUSAND EIGHTEEN INCOME TAX
 YEAR BECAUSE THEIR INCOMES WERE BELOW THE  THRESHOLD  THAT  NECESSITATED
 SUCH FILING, THE APPLICATION SHALL SO INDICATE.
   (C)  IF  THE  APPLICANT OR ANY AFFILIATED PERSONS WERE NOT REQUIRED TO
 FILE STATE INCOME TAX RETURNS FOR THE TWO THOUSAND EIGHTEEN  INCOME  TAX
 YEAR  BECAUSE THEY DID NOT RESIDE IN THE STATE IN SUCH TAXABLE YEAR, THE
 APPLICATION SHALL SO INDICATE.  SUCH  PERSONS  SHALL  PROVIDE  WITH  THE
 APPLICATION  ANY INFORMATION THAT THE DEPARTMENT DETERMINES IS NECESSARY
 TO CALCULATE THE PARCEL'S AFFILIATED  INCOME  UNDER  THE  "MIDDLE  CLASS
 STAR" REBATE PROGRAM.
   (D)  AFTER  TWO THOUSAND NINETEEN, APPLICATIONS SHALL BE REQUIRED ONLY
 WHEN A NEW APPLICATION FOR A BASIC  STAR  EXEMPTION  FOR  REAL  PROPERTY
 TAXATION  IS  FILED  PURSUANT TO SECTION FOUR HUNDRED TWENTY-FIVE OF THE
 REAL PROPERTY TAX LAW, OR WHEN THERE IS A CHANGE OF OWNERSHIP WHICH DOES
 NOT NECESSITATE THE FILING  OF  A  NEW  APPLICATION  FOR  A  BASIC  STAR
 EXEMPTION.  IN EITHER INSTANCE, AN APPLICATION SHALL BE SUBMITTED TO THE
 DEPARTMENT ON A TIMELY BASIS.
   (E)  IF  AN  APPLICATION  FOR A "MIDDLE CLASS STAR" REBATE IS RECEIVED
 AFTER DECEMBER THIRTY-FIRST, TWO THOUSAND NINETEEN, AN OTHERWISE  ELIGI-
 BLE  PROPERTY  OWNER  SHALL NOT RECEIVE A REBATE FOR SUCH YEAR. HOWEVER,
 SUCH APPLICATION SHALL BE CONSIDERED TIMELY FILED FOR A REBATE IN SUBSE-
 QUENT YEARS PROVIDED THE OWNERSHIP OF THE PARCEL REMAINS UNCHANGED.
   9. PROCESSING OF APPLICATIONS. (A) AFTER RECEIVING A  TIMELY  APPLICA-
 TION, THE DEPARTMENT SHALL ATTEMPT TO DETERMINE THE AFFILIATED INCOME OF
 THE  PARCEL  AND  THE  REBATE AMOUNT TO WHICH THE PARCEL IS ENTITLED, IF
 ANY.
   (B) IN THE CASE OF AN APPLICATION WHICH INDICATES THAT  THE  APPLICANT
 AND  ANY  AFFILIATED  PERSONS WERE NOT REQUIRED TO FILE STATE INCOME TAX
 RETURNS FOR THE TWO THOUSAND EIGHTEEN  INCOME  TAX  YEAR  BECAUSE  THEIR
 INCOMES  WERE  BELOW  THE  THRESHOLD  WHICH NECESSITATED THE FILING OF A
 STATE INCOME TAX RETURN, THE DEPARTMENT MAY, SUBJECT TO AUDIT,  ISSUE  A
 REBATE  EQUAL  TO  THE HIGHEST AMOUNT AVAILABLE FOR THAT SCHOOL DISTRICT
 SEGMENT.
   (C) IN THE CASE OF AN APPLICATION WHICH INDICATES THAT  THE  APPLICANT
 AND  ANY  AFFILIATED  PERSONS WERE NOT REQUIRED TO FILE STATE INCOME TAX
 RETURNS FOR THE TWO THOUSAND EIGHTEEN INCOME TAX YEAR BECAUSE  THEY  DID

 A. 4038                             8
 
 NOT  RESIDE  IN  THE  STATE  IN  SUCH  TAXABLE YEAR, THE APPLICANT SHALL
 PROVIDE SUCH INFORMATION REGARDING INCOME AS IS REQUESTED BY THE DEPART-
 MENT. THE DEPARTMENT SHALL ISSUE A REBATE  BASED  UPON  THE  INFORMATION
 PROVIDED BY THE APPLICANT AND ANY OTHER INFORMATION TO WHICH THE DEPART-
 MENT MAY HAVE ACCESS CONCERNING THE INCOME OF SUCH PERSON OR PERSONS.
   10.  RECONSIDERATION  OF REBATE AMOUNT. IN THE EVENT THE DEPARTMENT IS
 UNABLE TO DETERMINE THE AFFILIATED INCOME FOR A PARCEL OR THE DEPARTMENT
 DETERMINES THAT A REBATE SHALL NOT BE ISSUED FOR A PARCEL,  THE  DEPART-
 MENT  SHALL NOTIFY THE APPLICANT OF THAT FACT. A PROPERTY OWNER MAY SEEK
 RECONSIDERATION OF THE REBATE AMOUNT DETERMINATION FOR HIS OR HER PARCEL
 ON THE GROUNDS THAT THE PARCEL'S AFFILIATED INCOME WAS DETERMINED  ERRO-
 NEOUSLY. A PROPERTY OWNER MAY ALSO SEEK RECONSIDERATION IF NO REBATE WAS
 ISSUED  BECAUSE  THE  PARCEL'S  AFFILIATED  INCOME  WAS UNDETERMINED. AN
 APPLICATION FOR RECONSIDERATION OF REBATE AMOUNT  SHALL  BE  MADE  IN  A
 MANNER  PRESCRIBED  BY  THE DEPARTMENT, AND SHALL BE ACCOMPANIED BY SUCH
 DOCUMENTATION AS THE DEPARTMENT MAY REQUIRE. SUCH APPLICATION  SHALL  BE
 FILED  NO  LATER  THAN  MARCH  THIRTY-FIRST, TWO THOUSAND TWENTY. IF THE
 DEPARTMENT FINDS AFTER REVIEWING SUCH AN  APPLICATION  THAT  THE  REBATE
 AMOUNT DETERMINATION FOR A PARCEL SHOULD BE CORRECTED, IT SHALL ISSUE AN
 AMENDED OR INITIAL REBATE CHECK. IF THE DEPARTMENT FINDS AFTER REVIEWING
 SUCH  AN APPLICATION THAT THE REBATE AMOUNT DETERMINATION FOR THE PARCEL
 WAS CORRECTLY DETERMINED, IT SHALL SO NOTIFY THE APPLICANT. SUCH NOTIFI-
 CATION SHALL INCLUDE AN EXPLANATION OF THE DEPARTMENT'S FINDINGS,  INDI-
 CATE  THAT  THE  APPLICANT  HAS  THE RIGHT TO A PROCEEDING UNDER ARTICLE
 SEVENTY-EIGHT OF THE CIVIL PRACTICE LAW  AND  RULES,  AND  INDICATE  THE
 STATUTE  OF  LIMITATIONS  ASSOCIATED WITH SUCH PROCEEDINGS. SUCH FINDING
 SHALL BE SUBJECT TO REVIEW PURSUANT ONLY TO A PROCEEDING  UNDER  ARTICLE
 SEVENTY-EIGHT OF THE CIVIL PRACTICE LAW AND RULES.
   11.  SPECIAL  PROVISIONS  RELATING TO CO-OPERATIVE APARTMENT UNITS AND
 MOBILE HOMES. THE DEPARTMENT'S DETERMINATION OF AFFILIATED INCOME  SHALL
 BE MADE WITH RESPECT TO THE TENANT-SHAREHOLDERS OR OWNERS OF THE UNIT IN
 QUESTION RATHER THAN OF THE PARCEL.
   12.  SUBSEQUENT  YEARS.  IN EACH YEAR SUBSEQUENT TO TWO THOUSAND EIGH-
 TEEN, AFFILIATED INCOMES SHALL CONTINUE TO BE DETERMINED AS PROVIDED  BY
 THIS  SECTION  FOR  PURPOSES  OF THE "MIDDLE CLASS STAR" REBATE PROGRAM,
 EXCEPT THAT:
   (A) THE NOTIFICATION REQUIREMENT OF SUBDIVISION SEVEN OF THIS  SECTION
 SHALL NOT BE APPLICABLE;
   (B)  APPLICATIONS  SHALL  BE  REQUIRED ONLY AS PROVIDED IN SUBDIVISION
 EIGHT OF THIS SECTION; AND
   (C) IN EACH SUBSEQUENT YEAR, THE APPLICABLE INCOME TAX YEAR FOR DETER-
 MINATIONS UNDER THIS SECTION SHALL  BE  ADVANCED  ONE  YEAR.  ALL  OTHER
 APPLICABLE  DATES  AND  DEADLINES WHICH REFERENCE A DATE IN TWO THOUSAND
 EIGHTEEN SHALL BE ADVANCED AND SHALL BE DEEMED  TO  REFERENCE  DATES  IN
 THAT  SUBSEQUENT  YEAR,  EXCEPT THAT APPLICATIONS FOR RECONSIDERATION OF
 REBATE AMOUNT DETERMINATIONS SHALL BE  SUBMITTED  NO  LATER  THAN  MARCH
 THIRTY-FIRST OF THE ENSUING YEAR.
   13.  CONFIDENTIAL  INFORMATION;  DISCLOSURE  PROHIBITION.  INFORMATION
 REGARDING REBATES ISSUED TO INDIVIDUALS SHALL NOT BE SUBJECT TO  DISCLO-
 SURE;  INCLUDING  NAMES,  ADDRESSES,  AND DOLLAR AMOUNTS OF REBATES.  IN
 ADDITION, ALL APPLICATIONS SUBMITTED FOR REBATES SHALL NOT BE SUBJECT TO
 DISCLOSURE.
   14. DEADLINE. IF ANY APPLICABLE DEADLINE SHALL  FALL  ON  A  SATURDAY,
 SUNDAY  OR  LEGAL  HOLIDAY,  SUCH DEADLINE SHALL BE ADVANCED TO THE NEXT
 BUSINESS DAY.

 A. 4038                             9
 
   15. AFFILIATED INCOME BRACKETS; INDEXING. THE DEPARTMENT SHALL  ESTAB-
 LISH  THE  AFFILIATED  INCOME  BRACKETS TO BE ASSOCIATED WITH THE REBATE
 AMOUNTS FOR  THE  TWO  THOUSAND  TWENTY-FOUR--TWO  THOUSAND  TWENTY-FIVE
 SCHOOL  YEAR  AND  EACH SCHOOL YEAR THEREAFTER BY APPLYING THE INFLATION
 FACTOR  SET  FORTH  IN  THIS SUBDIVISION TO THE FIGURES THAT DEFINED THE
 INCOME BRACKETS THAT WERE APPLICABLE TO THE TWO THOUSAND  TWENTY-THREE--
 TWO  THOUSAND  TWENTY-FOUR  SCHOOL YEAR, AND ROUNDING EACH RESULT TO THE
 NEAREST MULTIPLE OF ONE HUNDRED DOLLARS.  FOR PURPOSES OF THIS  SUBDIVI-
 SION, THE "INFLATION FACTOR" FOR EACH INCOME BRACKET SHALL BE DETERMINED
 BY  THE  PERCENTAGE  INCREASE IN THE CONSUMER PRICE INDEX FOR URBAN WAGE
 EARNERS AND CLERICAL WORKERS (CPI-W)  PUBLISHED  BY  THE  UNITED  STATES
 DEPARTMENT  OF  LABOR, BUREAU OF LABOR STATISTICS, FOR THE THIRD QUARTER
 OF THE CALENDAR YEAR PRECEDING THE APPLICABLE SCHOOL YEAR,  AS  COMPARED
 TO  THE THIRD QUARTER OF THE PRIOR CALENDAR YEAR. IF A BASE FIGURE AS SO
 DETERMINED IS NOT EXACTLY EQUAL TO A MULTIPLE OF ONE HUNDRED DOLLARS, IT
 SHALL BE ROUNDED TO THE NEAREST MULTIPLE OF ONE HUNDRED DOLLARS. IN EACH
 SUBSEQUENT SCHOOL YEAR,  THE  PRIOR  YEAR'S  INCOME  BRACKETS  SHALL  BE
 INDEXED USING THE ABOVE FORMULA WITH EACH YEAR ADVANCED BY ONE YEAR.
   §  3. Section 606 of the tax law is amended by adding a new subsection
 (jjj) to read as follows:
   (JJJ) MIDDLE CLASS CIRCUIT BREAKER CREDIT. (1)  DEFINITIONS.  FOR  THE
 PURPOSES OF THIS SUBSECTION:
   (A)  "QUALIFIED TAXPAYER" MEANS A RESIDENT INDIVIDUAL OF THE STATE WHO
 OWNS OR RENTS THE RESIDENTIAL REAL PROPERTY IN WHICH HE OR SHE  RESIDES,
 AND  HAS  RESIDED  IN  SUCH  RESIDENTIAL REAL PROPERTY FOR NOT LESS THAN
 THREE YEARS.
   (B) "HOUSEHOLD" OR  "MEMBERS  OF  THE  HOUSEHOLD"  MEANS  A  QUALIFIED
 TAXPAYER  OR  QUALIFIED TAXPAYERS AND ALL OTHER PERSONS, NOT NECESSARILY
 RELATED, WHO ALL RESIDE IN THE RESIDENTIAL REAL PROPERTY  OWNED  BY  THE
 TAXPAYER  OR TAXPAYERS, AND SHARE ITS FURNISHINGS, FACILITIES AND ACCOM-
 MODATIONS; PROVIDED THAT NO PERSON MAY BE A  MEMBER  OF  MORE  THAN  ONE
 HOUSEHOLD AT ONE TIME.
   (C) "HOUSEHOLD GROSS INCOME" MEANS THE AGGREGATE ADJUSTED GROSS INCOME
 OF  ALL  MEMBERS  OF  THE HOUSEHOLD FOR THE TAXABLE YEAR AS REPORTED FOR
 FEDERAL INCOME TAX PURPOSES, OR WHICH  WOULD  BE  REPORTED  AS  ADJUSTED
 GROSS  INCOME  IF A FEDERAL INCOME TAX RETURN WERE REQUIRED TO BE FILED,
 WITH THE MODIFICATIONS IN SUBSECTION (B) OF SECTION SIX  HUNDRED  TWELVE
 OF  THIS ARTICLE BUT WITHOUT THE MODIFICATIONS IN SUBSECTION (C) OF SUCH
 SECTION, PLUS ANY PORTION OF THE GAIN FROM THE SALE OR EXCHANGE OF PROP-
 ERTY OTHERWISE EXCLUDED FROM SUCH AMOUNT;  EARNED  INCOME  FROM  SOURCES
 WITHOUT  THE  UNITED  STATES  EXCLUDABLE  FROM  FEDERAL  GROSS INCOME BY
 SECTION NINE HUNDRED ELEVEN OF THE INTERNAL REVENUE CODE; SUPPORT  MONEY
 NOT  INCLUDED  IN  ADJUSTED  GROSS  INCOME;  NONTAXABLE STRIKE BENEFITS;
 SUPPLEMENTAL SECURITY INCOME PAYMENTS; THE GROSS AMOUNT OF  ANY  PENSION
 OR  ANNUITY  BENEFITS  TO THE EXTENT NOT INCLUDED IN SUCH ADJUSTED GROSS
 INCOME (INCLUDING, BUT NOT LIMITED TO, RAILROAD RETIREMENT BENEFITS  AND
 ALL  PAYMENTS  RECEIVED UNDER THE FEDERAL SOCIAL SECURITY ACT AND VETER-
 ANS' DISABILITY PENSIONS); NONTAXABLE INTEREST RECEIVED FROM  THE  STATE
 OF  NEW  YORK,  ITS AGENCIES, INSTRUMENTALITIES, PUBLIC CORPORATIONS, OR
 POLITICAL SUBDIVISIONS (INCLUDING A PUBLIC CORPORATION CREATED  PURSUANT
 TO  AGREEMENT OR COMPACT WITH ANOTHER STATE OR CANADA); WORKERS' COMPEN-
 SATION; THE GROSS AMOUNT OF "LOSS-OF-TIME" INSURANCE; AND THE AMOUNT  OF
 CASH PUBLIC ASSISTANCE AND RELIEF, OTHER THAN MEDICAL ASSISTANCE FOR THE
 NEEDY,  PAID  TO OR FOR THE BENEFIT OF THE QUALIFIED TAXPAYER OR MEMBERS
 OF HIS OR HER HOUSEHOLD. HOUSEHOLD  GROSS  INCOME  SHALL    NOT  INCLUDE
 SURPLUS  FOODS  OR  OTHER RELIEF IN KIND OR PAYMENTS MADE TO INDIVIDUALS

 A. 4038                            10
 
 BECAUSE OF THEIR STATUS AS VICTIMS OF NAZI  PERSECUTION  AS  DEFINED  IN
 PUBLIC  LAW  103-286 OR ANY DISABILITY COMPENSATION RECEIVED BY VETERANS
 ON ACCOUNT OF INJURY OR ILLNESS INCURRED OR AGGRAVATED  DURING  MILITARY
 SERVICE  IN  THE  WARS IN AFGHANISTAN AND IRAQ SINCE SEPTEMBER ELEVENTH,
 TWO THOUSAND ONE.  PROVIDED, FURTHER, HOUSEHOLD GROSS INCOME SHALL  ONLY
 INCLUDE  ALL  SUCH INCOME RECEIVED BY ALL MEMBERS OF THE HOUSEHOLD WHILE
 MEMBERS OF SUCH HOUSEHOLD.   FOR FARM FAMILIES EARNING  AT  LEAST  FIFTY
 PERCENT  OF  THEIR INCOME FROM FARMING, "ADJUSTED GROSS INCOME" SHALL BE
 REPLACED WITH "MODIFIED ADJUSTED GROSS INCOME" FOR FEDERAL TAX  PURPOSES
 AS  REPORTED ON THE APPLICANT'S FEDERAL AND STATE INCOME TAX RETURNS FOR
 THE APPLICABLE INCOME TAX YEAR.
   (D) "ADJUSTED RENT" MEANS RENT PAID FOR THE RIGHT OF  OCCUPANCY  OF  A
 RESIDENCE.
   (E)  "REAL  PROPERTY TAX EQUIVALENT" MEANS FOR TAXABLE YEARS BEGINNING
 IN TWO THOUSAND NINETEEN, FIFTEEN PERCENT OF THE ADJUSTED RENT  ACTUALLY
 PAID IN THE TAXABLE YEAR BY A HOUSEHOLD SOLELY FOR THE RIGHT OF OCCUPAN-
 CY  OF  ITS  RESIDENCE IN THE STATE FOR THE TAXABLE YEAR. IF (I) A RESI-
 DENCE IS RENTED TO TWO OR MORE INDIVIDUALS AS COTENANTS, OR  SUCH  INDI-
 VIDUALS SHARE IN THE PAYMENT OF A SINGLE RENT FOR THE RIGHT OF OCCUPANCY
 OF  SUCH RESIDENCE, AND (II) EACH OF SUCH INDIVIDUALS  IS A MEMBER OF  A
 DIFFERENT HOUSEHOLD, ONE OR MORE OF WHICH INDIVIDUALS SHARES SUCH  RESI-
 DENCE,  REAL  PROPERTY TAX EQUIVALENT IS THAT PORTION OF FIFTEEN PERCENT
 OF THE ADJUSTED RENT PAID  IN  THE  TAXABLE  YEAR  WHICH  REFLECTS  THAT
 PORTION  OF  THE  RENT  ATTRIBUTABLE  TO  THE QUALIFIED TAXPAYER AND THE
 MEMBERS OF HIS OR HER HOUSEHOLD.
   (F) "NET REAL PROPERTY TAX" MEANS THE REAL PROPERTY TAXES ASSESSED  ON
 THE  RESIDENTIAL  REAL  PROPERTY  OWNED  AND OCCUPIED BY THE TAXPAYER OR
 TAXPAYERS AFTER ANY EXEMPTION OR ABATEMENT RECEIVED PURSUANT TO THE REAL
 PROPERTY TAX LAW, OR ANY REBATE RECEIVED PURSUANT  TO  SECTION  THIRTEEN
 HUNDRED SIX-B OF SUCH LAW.
   (2) CREDIT. A QUALIFIED TAXPAYER SHALL BE ALLOWED A CREDIT AGAINST THE
 TAXES  IMPOSED BY THIS ARTICLE, EQUAL TO THIRTY PERCENT OF THE AMOUNT BY
 WHICH THE TAXPAYER'S NET REAL PROPERTY TAX OR THE TAXPAYER'S REAL  PROP-
 ERTY TAX EQUIVALENT EXCEEDS THE TAXPAYER'S MAXIMUM REAL PROPERTY TAX, AS
 DETERMINED BY PARAGRAPH THREE OF THIS SUBSECTION. IF SUCH CREDIT EXCEEDS
 THE TAX FOR SUCH TAXABLE YEAR, AS REDUCED BY THE OTHER CREDITS PERMITTED
 BY  THIS  ARTICLE,  THE  QUALIFIED  TAXPAYER  MAY RECEIVE, AND THE COMP-
 TROLLER, SUBJECT TO A CERTIFICATE OF THE DEPARTMENT,  SHALL  PAY  AS  AN
 OVERPAYMENT, WITHOUT INTEREST, ANY EXCESS BETWEEN SUCH TAX AS SO REDUCED
 AND THE AMOUNT OF THE CREDIT. IF A QUALIFIED TAXPAYER IS NOT REQUIRED TO
 FILE A RETURN PURSUANT TO SECTION SIX HUNDRED FIFTY-ONE OF THIS ARTICLE,
 A  QUALIFIED  TAXPAYER  MAY  NEVERTHELESS  RECEIVE  AND THE COMPTROLLER,
 SUBJECT TO A CERTIFICATE OF THE DEPARTMENT, SHALL PAY AS AN  OVERPAYMENT
 THE FULL AMOUNT OF THE CREDIT, WITHOUT INTEREST.
   (3)  MAXIMUM  REAL  PROPERTY  TAX. A QUALIFIED TAXPAYER'S MAXIMUM REAL
 PROPERTY TAX SHALL BE DETERMINED AS FOLLOWS:
 
 HOUSEHOLD GROSS INCOME               MAXIMUM REAL PROPERTY TAX
 ONE HUNDRED TWENTY THOUSAND          SEVEN PERCENT OF THE
 DOLLARS OR LESS                      HOUSEHOLD GROSS INCOME
 
 MORE THAN ONE HUNDRED TWENTY         SEVEN PERCENT OF ONE HUNDRED TWENTY
 THOUSAND DOLLARS, BUT LESS THAN      THOUSAND DOLLARS PLUS EIGHT
 OR EQUAL TO ONE HUNDRED SEVENTY-     PERCENT OF HOUSEHOLD GROSS INCOME
 FIVE THOUSAND DOLLARS                ABOVE ONE HUNDRED TWENTY THOUSAND
                                      DOLLARS

 A. 4038                            11
 
 MORE THAN ONE HUNDRED SEVENTY-       SEVEN PERCENT OF ONE HUNDRED TWENTY
 FIVE THOUSAND DOLLARS, BUT LESS      THOUSAND DOLLARS PLUS EIGHT
 THAN OR EQUAL TO TWO HUNDRED FIFTY   PERCENT OF FIFTY-FIVE THOUSAND
 THOUSAND DOLLARS                     DOLLARS PLUS NINE PERCENT OF
                                      HOUSEHOLD GROSS INCOME ABOVE
                                      ONE HUNDRED SEVENTY-FIVE
                                      THOUSAND DOLLARS
 
 MORE THAN TWO HUNDRED FIFTY          NO LIMITATION.
 THOUSAND DOLLARS

   §  4.  Subsection  (e)  of  section  1310  of the tax law, as added by
 section 135 of part A of chapter 389 of the laws of 1997, is amended  by
 adding a new paragraph 3 to read as follows:
   (3)  NOTWITHSTANDING  THE  SCHEDULE OF CREDIT IN SUBPARAGRAPHS (A) AND
 (B) OF PARAGRAPH TWO OF THIS SUBSECTION, STARTING IN TWO THOUSAND  NINE-
 TEEN TAXPAYERS WHO:
   (A)  ARE  SIXTY-FIVE  YEARS  OR OLDER AS OF DECEMBER THIRTY-FIRST, TWO
 THOUSAND NINETEEN AND FOR EACH SUBSEQUENT TAX YEAR THE  APPLICABLE  DATE
 SHALL BE ADVANCED BY ONE YEAR; AND
   (B)  WHERE  THE  HOUSEHOLD GROSS INCOME IS LESS THAN ONE HUNDRED FIFTY
 THOUSAND DOLLARS SHALL INSTEAD BE ENTITLED TO A CREDIT OF THREE  HUNDRED
 THIRTY-FIVE  DOLLARS  FOR  MARRIED  INDIVIDUALS FILING JOINT RETURNS AND
 SURVIVING SPOUSES AND ONE HUNDRED SIXTY-SEVEN DOLLARS  AND  FIFTY  CENTS
 FOR  ALL  OTHERS, INCLUDING AN UNMARRIED INDIVIDUAL, A HEAD OF HOUSEHOLD
 OR A MARRIED INDIVIDUAL FILING A SEPARATE RETURN. THE REBATE AMOUNTS AND
 INCOME LIMITATIONS SHALL BE ADJUSTED ANNUALLY BY APPLYING THE  INFLATION
 FACTOR SET FORTH IN PARAGRAPH TWO OF THIS SUBSECTION.
   §  5. Subdivision (c) of section 11-1706 of the administrative code of
 the city of New York, as added by section 137 of part A of  chapter  389
 of  the  laws of 1997, is amended by adding a new paragraph 3 to read as
 follows:
   (3) NOTWITHSTANDING THE SCHEDULE OF CREDIT IN  SUBPARAGRAPHS  (A)  AND
 (B) OF PARAGRAPH TWO OF THIS SUBDIVISION, STARTING IN TWO THOUSAND NINE-
 TEEN TAXPAYERS WHO:
   (A)  ARE  SIXTY-FIVE  YEARS  OR OLDER AS OF DECEMBER THIRTY-FIRST, TWO
 THOUSAND NINETEEN AND FOR EACH SUBSEQUENT TAX YEAR THE  APPLICABLE  DATE
 SHALL BE ADVANCED BY ONE YEAR; AND
   (B)  WHERE  THE  HOUSEHOLD GROSS INCOME IS LESS THAN ONE HUNDRED FIFTY
 THOUSAND DOLLARS SHALL INSTEAD BE ENTITLED TO A CREDIT OF THREE  HUNDRED
 THIRTY-FIVE  DOLLARS  FOR  MARRIED  INDIVIDUALS FILING JOINT RETURNS AND
 SURVIVING SPOUSES AND ONE HUNDRED SIXTY-SEVEN DOLLARS  AND  FIFTY  CENTS
 FOR  ALL  OTHERS, INCLUDING AN UNMARRIED INDIVIDUAL, A HEAD OF HOUSEHOLD
 OR A MARRIED INDIVIDUAL FILING A SEPARATE RETURN. THE REBATE AMOUNTS AND
 INCOME LIMITATIONS SHALL BE ADJUSTED ANNUALLY BY APPLYING THE  INFLATION
 FACTOR SET FORTH IN PARAGRAPH TWO OF THIS SUBDIVISION.
   §  6.  Section  1608  of the education law, as amended by section 5 of
 part A of chapter 436 of the laws of  1997,  subdivisions  2  and  4  as
 amended  by chapter 640 of the laws of 2008, subdivision 7 as amended by
 section 4 of part H of chapter 83 of the laws of 2002 and paragraph a of
 subdivision 7 as amended by section 1 of chapter  514  of  the  laws  of
 2016, is amended to read as follows:
   §  1608.  Estimated expenses for ensuing year. 1. It shall be the duty
 of the trustees of each common school district to present at the  annual
 budget  hearing  a  detailed statement in writing of the amount of money
 which will be required for the ensuing year for school purposes,  speci-

 A. 4038                            12
 
 fying the several purposes and the amount for each.  WHERE A PROPOSITION
 TO UNDERRIDE A TAX LEVY LIMITATION HAS BEEN APPROVED PURSUANT TO SECTION
 TWO THOUSAND TWENTY-THREE-C OF THIS TITLE, THE TRUSTEES SHALL PRESENT AT
 THE  ANNUAL  BUDGET  HEARING  A  BUDGET  THAT COMPLIES WITH THE APPROVED
 UNDERRIDE PROPOSITION. The amount for each purpose  estimated  necessary
 for  payments  to  boards  of  cooperative educational services shall be
 shown in full, with no deduction of estimated state aid. The  amount  of
 state aid provided and its percentage relationship to the total expendi-
 tures  shall  also  be  shown.  This  section  shall not be construed to
 prevent the trustees from presenting such statement at a budget  hearing
 held  not less than seven nor more than fourteen days prior to a special
 meeting called for the purpose, nor from presenting a supplementary  and
 amended statement or estimate at any time.
   2.  Such  statement  shall be completed at least seven days before the
 budget hearing at which it is to be presented and copies  thereof  shall
 be  prepared and made available, upon request and at the school district
 offices, at any public library or free association  library  within  the
 district  and  on the school district's internet website, if one exists,
 to residents within the district during  the  period  of  fourteen  days
 immediately  preceding  the  annual  meeting  [and  election  or special
 district meeting at which the budget vote will occur] and at such  meet-
 ing or hearing. The board shall also as a part of the notice required by
 section  two  thousand  three of this [chapter] TITLE give notice of the
 date, time and place of the budget hearing  and  that  a  copy  of  such
 statement  may  be  obtained  by  any  resident  in the district at each
 schoolhouse in the district in which school is maintained during certain
 designated hours on each day other than a Saturday,  Sunday  or  holiday
 during  the  fourteen days immediately preceding such meeting. The board
 shall include notice of the availability of such statement at least once
 during the school year in any district-wide mailing distributed.
   3. Commencing with the proposed budget for the nineteen hundred  nine-
 ty-seven--ninety-eight  school  year,  such  proposed budget shall be in
 plain language and shall be consistent with regulations  promulgated  by
 the  commissioner  pursuant  to  subdivision twenty-six of section three
 hundred five of this chapter. Categorization of and format for  revenue,
 including  payments in lieu of taxes, property tax refunds from certior-
 ari proceedings, expenditure, transfer, and fund balance information and
 changes in such data from the prior year and, in the case of  [a  resub-
 mitted or] AN amended budget, changes in such information from the prior
 year's submitted budget, shall be complete and accurate and set forth in
 such a manner as to best promote public comprehension and readability.
   4.  Commencing with the proposed budget for the nineteen hundred nine-
 ty-eight--ninety-nine  school  year,  such  proposed  budget  shall   be
 presented  in three components: a program component, a capital component
 and an administrative component which shall be separately delineated  in
 accordance  with regulations of the commissioner after consultation with
 local school district  officials.  The  administrative  component  shall
 include,  but  need not be limited to, office and central administrative
 expenses, traveling expenses and all compensation, salaries and benefits
 of all school administrators and supervisors, including business  admin-
 istrators,  superintendents  of schools and deputy, assistant, associate
 or other superintendents under  all  existing  employment  contracts  or
 collective  bargaining  agreements,  any and all expenditures associated
 with the operation of the office of trustee or board  of  trustees,  the
 office  of  the  superintendent  of schools, general administration, the
 school business office, consulting costs not directly related to  direct

 A. 4038                            13
 
 student  services  and  programs,  planning and all other administrative
 activities. The program component shall include, but need not be limited
 to, all program expenditures of the school district, including the sala-
 ries  and benefits of teachers and any school administrators or supervi-
 sors who spend a majority of their time performing teaching duties,  and
 all  transportation  operating  expenses.    The capital component shall
 include, but need not be limited to, all  transportation  capital,  debt
 service,  and  lease expenditures; costs resulting from judgments in tax
 certiorari proceedings or the payment of awards  from  court  judgments,
 administrative  orders or settled or compromised claims; and all facili-
 ties costs of the school district, including facilities  lease  expendi-
 tures,  the  annual  debt  service  and  total  debt  for all facilities
 financed by bonds and notes of the school district,  and  the  costs  of
 construction, acquisition, reconstruction, rehabilitation or improvement
 of  school  buildings, provided that such budget shall include a rental,
 operations and maintenance section that includes base rent costs,  total
 rent  costs, operation and maintenance charges, cost per square foot for
 each facility leased by the school district, and any  and  all  expendi-
 tures   associated   with   custodial  salaries  and  benefits,  service
 contracts, supplies, utilities, and maintenance and  repairs  of  school
 facilities.  [For  the  purposes  of the development of a budget for the
 nineteen hundred ninety-eight--ninety-nine school year, the  trustee  or
 board  of  trustees  shall  separate the district's program, capital and
 administrative costs for the nineteen hundred ninety-seven--ninety-eight
 school year in the manner as if  the  budget  for  such  year  had  been
 presented in three components.]
   5.  The  trustee or board of trustees shall append to the statement of
 estimated expenditures a detailed statement of the total compensation to
 be paid to the superintendent of schools, and any assistant or associate
 superintendents of schools in  the  ensuing  school  year,  including  a
 delineation  of  the salary, annualized cost of benefits and any in-kind
 or other form of remuneration. The trustees shall also append a list  of
 all  other  school  administrators and supervisors, if any, whose annual
 salary will be eighty-five thousand  dollars  or  more  in  the  ensuing
 school year, with the title of their positions and annual salary identi-
 fied;  provided  however,  that  the commissioner may adjust such salary
 level to reflect increases in administrative salaries after June thirti-
 eth, nineteen hundred ninety-eight. The trustees shall submit a copy  of
 such  list  and  statement, in a form prescribed by the commissioner, of
 compensation to the commissioner within five days after  their  prepara-
 tion.  The  commissioner shall compile such data, together with the data
 submitted pursuant to subdivision three  of  section  seventeen  hundred
 sixteen  of  this  [chapter] TITLE, into a single statewide compilation,
 which shall be made available to  the  governor,  the  legislature,  and
 other interested parties upon request.
   6.  Each  year, the board of education shall prepare a school district
 report card, pursuant to regulations of the commissioner, and shall make
 it publicly available by transmitting it to local newspapers of  general
 circulation, appending it to copies of the proposed budget made publicly
 available  as  required  by law, making it available for distribution at
 the annual meeting, and otherwise disseminating it as  required  by  the
 commissioner.  Such  report  card shall include measures of the academic
 performance of the school district, on a school  by  school  basis,  and
 measures of the fiscal performance of the district, as prescribed by the
 commissioner.  Pursuant  to  regulations of the commissioner, the report
 card shall also compare these measures to  statewide  averages  for  all

 A. 4038                            14
 
 public  schools, and statewide averages for public schools of comparable
 wealth and need, developed by the commissioner. Such report  card  shall
 include,  at a minimum, any information on the school district regarding
 pupil  performance  and expenditure per pupil required to be included in
 the annual report by the regents to the  governor  and  the  legislature
 pursuant to section two hundred fifteen-a of this chapter; and any other
 information  required  by the commissioner. School districts (i) identi-
 fied as having fifteen percent or more  of  their  students  in  special
 education,  or  (ii)  which have fifty percent or more of their students
 with disabilities  in  special  education  programs  or  services  sixty
 percent  or  more  of the school day in a general education building, or
 (iii) which have eight percent or more of their students with  disabili-
 ties  in special education programs in public or private separate educa-
 tional settings shall indicate on  their  school  district  report  card
 their respective percentages as defined in this [subparagraph] PARAGRAPH
 and [subparagraphs] PARAGRAPHS (i) and (ii) of this [paragraph] SUBDIVI-
 SION as compared to the statewide average.
   7. a. Each year, commencing with the proposed budget for the two thou-
 sand--two  thousand  one  school  year, the trustee or board of trustees
 shall prepare a property tax report card, pursuant to regulations of the
 commissioner, and shall make it publicly available by transmitting it to
 local newspapers of general circulation, appending it to copies  of  the
 proposed  budget  made  publicly available as required by law, making it
 available for distribution at the annual [meeting] BUDGET  HEARING,  and
 otherwise  disseminating it as required by the commissioner. Such report
 card shall include: (i) the amount of total spending and total estimated
 school tax levy that would result from adoption of the  proposed  budget
 and  the  percentage  increase  or  decrease in total spending and total
 school tax levy from the school district budget for the preceding school
 year; and (ii) THE DISTRICT'S TAX LEVY LIMIT AND TAX  LEVY  BASE  DETER-
 MINED  PURSUANT  TO  SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY
 TAX LAW, THE TAX LEVY PROPOSED BY THE DISTRICT, AND THE PROPOSED CAPITAL
 TAX LEVY, IF  ANY; AND (III) the district's tax  levy  limit  determined
 pursuant  to  section two thousand twenty-three-a of this title, and the
 estimated school tax levy, excluding any levy necessary to  support  the
 expenditures  pursuant  to subparagraphs (i) through (iv) of paragraph i
 of subdivision two of section two thousand twenty-three-a of this title,
 that would result from adoption of the proposed budget; and [(iii)] (IV)
 the projected enrollment growth for the school year for which the budget
 is prepared, and the percentage change in enrollment from  the  previous
 year;  and  [(iv)]  (V)  the  percentage  increase in the consumer price
 index, as defined in paragraph c of this subdivision; and [(v)] (VI) the
 projected amount of the unappropriated unreserved fund balance that will
 be retained if the proposed budget is adopted, the projected  amount  of
 the reserved fund balance, the projected amount of the appropriated fund
 balance,  the  percentage of the proposed budget that the unappropriated
 unreserved fund balance represents, the actual unappropriated unreserved
 fund balance retained in the school district budget  for  the  preceding
 school  year,  and  the percentage of the school district budget for the
 preceding school year that the  actual  unappropriated  unreserved  fund
 balance  represents,  and a schedule of reserve funds, setting forth the
 name of each reserve fund, a description of its purpose, the balance  as
 of  the close of the third quarter of the current school district fiscal
 year and a brief statement explaining any plans for the use of each such
 reserve fund for the ensuing fiscal year.

 A. 4038                            15
 
   b. A copy of the property tax report  card  prepared  for  the  annual
 [district  meeting]  BUDGET HEARING shall be submitted to the department
 in the manner prescribed by the department by the end  of  the  business
 day  next  following approval of the report card by the trustee or board
 of  trustees,  but no later than twenty-four days prior to the statewide
 uniform voting day. The department  shall  compile  such  data  for  all
 school  districts  [whose budgets are subject to a vote of the qualified
 voters] SUBJECT TO A TAX LEVY LIMITATION PURSUANT  TO  SECTION  THIRTEEN
 HUNDRED  SEVEN OF THE REAL PROPERTY TAX LAW and shall make such compila-
 tion available electronically at least ten days prior to  the  statewide
 uniform voting day.
   c.  For  purposes  of  this  subdivision,  "percentage increase in the
 consumer price index" shall mean  the  percentage  that  represents  the
 product  of  one  hundred  and  the  quotient of: (i) the average of the
 national consumer price indexes determined by the United States  depart-
 ment of labor for the twelve-month period preceding January first of the
 current  year  minus  the average of the national consumer price indexes
 determined by the United States department of labor for the twelve-month
 period preceding January first of the prior year, divided  by  (ii)  the
 average  of the national consumer price indexes determined by the United
 States department of labor for the twelve-month period preceding January
 first of the prior year, with the result expressed as a decimal  to  two
 places.
   §  7.  Paragraph  a  of subdivision 7 of section 1608 of the education
 law, as amended by section 1-a of chapter 514 of the laws  of  2016,  is
 amended to read as follows:
   a.  Each  year,  commencing with the proposed budget for the two thou-
 sand--two thousand one school year, the trustee  or  board  of  trustees
 shall prepare a property tax report card, pursuant to regulations of the
 commissioner, and shall make it publicly available by transmitting it to
 local  newspapers  of general circulation, appending it to copies of the
 proposed budget made publicly available as required by  law,  making  it
 available  for  distribution at the annual [meeting] BUDGET HEARING, and
 otherwise disseminating it as required by the commissioner. Such  report
 card shall include: (i) the amount of total spending and total estimated
 school  tax  levy that would result from adoption of the proposed budget
 and the percentage increase or decrease  in  total  spending  and  total
 school tax levy from the school district budget for the preceding school
 year;  and  (ii)  THE DISTRICT'S TAX LEVY LIMIT AND TAX LEVY BASE DETER-
 MINED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF  THE  REAL  PROPERTY
 TAX LAW, THE TAX LEVY PROPOSED BY THE DISTRICT, AND THE PROPOSED CAPITAL
 TAX  LEVY,  IF  ANY;  AND  (III) the projected enrollment growth for the
 school year for which the budget is prepared, and the percentage  change
 in  enrollment  from  the previous year; and [(iii)] (IV) the percentage
 increase in the consumer price index, as defined in paragraph c of  this
 subdivision;  and  [(iv)] (V) the projected amount of the unappropriated
 unreserved fund balance that will be retained if the proposed budget  is
 adopted, the projected amount of the reserved fund balance, the project-
 ed  amount  of  the  appropriated  fund  balance,  the percentage of the
 proposed budget that the unappropriated unreserved fund balance  repres-
 ents,  the actual unappropriated unreserved fund balance retained in the
 school district budget for the preceding school year, and the percentage
 of the school district budget for the preceding  school  year  that  the
 actual unappropriated unreserved fund balance represents; and [(v)] (VI)
 a  schedule  of  reserve  funds,  setting forth the name of each reserve
 fund, a description of its purpose, the balance as of the close  of  the

 A. 4038                            16
 
 third  quarter  of  the  current school district fiscal year and a brief
 statement explaining any plans for the use of each such reserve fund for
 the ensuing fiscal year.
   §  8.  Section  1716  of the education law, as amended by section 7 of
 part A of chapter 436 of the laws of  1997,  subdivisions  2  and  4  as
 amended  by chapter 640 of the laws of 2008, subdivision 7 as amended by
 section 5 of part H of chapter 83 of the laws of 2002 and paragraph a of
 subdivision 7 as amended by section 2 of chapter  514  of  the  laws  of
 2016, is amended to read as follows:
   §  1716.  Estimated expenses for ensuing year. 1. It shall be the duty
 of the board of education of each district  to  present  at  the  annual
 budget  hearing  a  detailed statement in writing of the amount of money
 which will be required for the ensuing year for school purposes,  speci-
 fying the several purposes and the amount for each.  WHERE A PROPOSITION
 TO UNDERRIDE A TAX LEVY LIMITATION HAS BEEN APPROVED PURSUANT TO SECTION
 TWO  THOUSAND TWENTY-THREE-C OF THIS TITLE, THE BOARD OF EDUCATION SHALL
 PRESENT AT THE ANNUAL BUDGET HEARING A BUDGET  THAT  COMPLIES  WITH  THE
 APPROVED  UNDERRIDE  PROPOSITION.  The amount for each purpose estimated
 necessary for payments to boards  of  cooperative  educational  services
 shall  be  shown  in full, with no deduction of estimated state aid. The
 amount of state aid provided and  its  percentage  relationship  to  the
 total  expenditures  shall  also  be  shown.  This  section shall not be
 construed to prevent the board from presenting such statement at a budg-
 et hearing held not less than seven nor more than fourteen days prior to
 a special meeting called for the purpose, nor from presenting a  supple-
 mentary and amended statement or estimate at any time.
   2.  Such  statement  shall be completed at least seven days before the
 budget hearing at which it is to be presented and copies  thereof  shall
 be  prepared and made available, upon request and at the school district
 offices, at any public library or free association  library  within  the
 district  and  on the school district's internet website, if one exists,
 to residents within the district during  the  period  of  fourteen  days
 immediately  preceding  the  annual  meeting  [and  election  or special
 district meeting at which the budget vote will occur] and at such  meet-
 ing or hearing. The board shall also as a part of the notice required by
 section  two  thousand  four  of this [chapter] TITLE give notice of the
 date, time and place of the budget hearing  and  that  a  copy  of  such
 statement  may  be  obtained  by  any  resident  in the district at each
 schoolhouse in the district in which school is maintained during certain
 designated hours on each day other than a Saturday,  Sunday  or  holiday
 during  the  fourteen days immediately preceding such meeting. The board
 shall include notice of the availability of such statement at least once
 during the school year in any district-wide mailing distributed.
   3. Commencing with the proposed budget for the nineteen hundred  nine-
 ty-seven--ninety-eight  school  year,  such  proposed budget shall be in
 plain language and shall be consistent with regulations  promulgated  by
 the  commissioner  pursuant  to  subdivision twenty-six of section three
 hundred five of this chapter. Categorization of and format for  revenue,
 including  payments in lieu of taxes, property tax refunds from certior-
 ari proceedings, expenditure, transfer, and fund balance information and
 changes in such data from the prior year and, in the case of  [a  resub-
 mitted or] AN amended budget, changes in such information from the prior
 year  submitted  budget, shall be complete and accurate and set forth in
 such a manner as to best promote public comprehension and readability.
   4. Commencing with the proposed budget for the nineteen hundred  nine-
 ty-eight--ninety-nine   school  year,  such  proposed  budget  shall  be

 A. 4038                            17
 
 presented in three components: a program component, a capital  component
 and  an administrative component which shall be separately delineated in
 accordance with regulations of the commissioner after consultation  with
 local  school  district  officials.  The  administrative component shall
 include, but need not be limited to, office and  central  administrative
 expenses, traveling expenses and all compensation, salaries and benefits
 of  all school administrators and supervisors, including business admin-
 istrators, superintendents of schools and deputy,  assistant,  associate
 or  other  superintendents  under  all  existing employment contracts or
 collective bargaining agreements, any and  all  expenditures  associated
 with  the  operation of the board of education, the office of the super-
 intendent  of  schools,  general  administration,  the  school  business
 office, consulting costs not directly related to direct student services
 and  programs,  planning  and  all other administrative activities.  The
 program component shall include, but need not be limited to, all program
 expenditures of the school district, including the salaries and benefits
 of teachers and any school administrators or  supervisors  who  spend  a
 majority  of  their time performing teaching duties, and all transporta-
 tion operating expenses. The capital component shall include,  but  need
 not  be  limited to, all transportation capital, debt service, and lease
 expenditures;  costs  resulting  from  judgments   in   tax   certiorari
 proceedings  or  the payment of awards from court judgments, administra-
 tive orders or settled or compromised claims; and all  facilities  costs
 of  the  school  district,  including facilities lease expenditures, the
 annual debt service and total debt for all facilities financed by  bonds
 and  notes of the school district, and the costs of construction, acqui-
 sition, reconstruction, rehabilitation or improvement of  school  build-
 ings,  provided  that such budget shall include a rental, operations and
 maintenance section that includes base rent  costs,  total  rent  costs,
 operation and maintenance charges, cost per square foot for each facili-
 ty  leased  by the school district, and any and all expenditures associ-
 ated with custodial salaries and benefits, service contracts,  supplies,
 utilities,  and  maintenance  and repairs of school facilities. [For the
 purposes of the development of a budget for the nineteen  hundred  nine-
 ty-eight--ninety-nine school year, the board of education shall separate
 the  district's  program, capital and administrative costs for the nine-
 teen hundred ninety-seven--ninety-eight school year in the manner as  if
 the budget for such year had been presented in three components.]
   5.  The  board of education shall append to the statement of estimated
 expenditures a detailed statement of the total compensation to  be  paid
 to  the superintendent of schools, and any assistant or associate super-
 intendents of schools in the ensuing school year,  including  a  deline-
 ation  of  the  salary,  annualized  cost of benefits and any in-kind or
 other form of remuneration. The board shall also append a  list  of  all
 other school administrators and supervisors, if any, whose annual salary
 will be eighty-five thousand dollars or more in the ensuing school year,
 with the title of their positions and annual salary identified; provided
 however,  that  the commissioner may adjust such salary level to reflect
 increases in administrative  salaries  after  June  thirtieth,  nineteen
 hundred ninety-eight. The board of education shall submit a copy of such
 list and statement, in a form prescribed by the commissioner, of compen-
 sation to the commissioner within five days after their preparation. The
 commissioner  shall  compile such data, together with the data submitted
 pursuant to subdivision four of section sixteen hundred  eight  of  this
 [chapter]  TITLE,  into  a  single statewide compilation, which shall be

 A. 4038                            18
 
 made available to the governor, the legislature,  and  other  interested
 parties upon request.
   6.  Each  year, the board of education shall prepare a school district
 report card, pursuant to regulations of the commissioner, and shall make
 it publicly available by transmitting it to local newspapers of  general
 circulation, appending it to copies of the proposed budget made publicly
 available  as  required  by law, making it available for distribution at
 the annual meeting, and otherwise disseminating it as  required  by  the
 commissioner.  Such  report  card shall include measures of the academic
 performance of the school district, on a school  by  school  basis,  and
 measures of the fiscal performance of the district, as prescribed by the
 commissioner.  Pursuant  to  regulations of the commissioner, the report
 card shall also compare these measures to  statewide  averages  for  all
 public  schools, and statewide averages for public schools of comparable
 wealth and need, developed by the commissioner. Such report  card  shall
 include,  at a minimum, any information of the school district regarding
 pupil performance and expenditure per pupil required to be  included  in
 the  annual  report  by  the regents to the governor and the legislature
 pursuant to section two hundred fifteen-a of this chapter; and any other
 information required by the commissioner. School districts  (i)  identi-
 fied  as  having  fifteen  percent  or more of their students in special
 education, or (ii) which have fifty percent or more  of  their  students
 with  disabilities  in  special  education  programs  or  services sixty
 percent or more of the school day in a general  education  building,  or
 (iii)  which have eight percent or more of their students with disabili-
 ties in special education programs in public or private separate  educa-
 tional  settings  shall  indicate  on  their school district report card
 their respective percentages as defined in this paragraph and paragraphs
 (i) and (ii) of this subdivision as compared to the statewide average.
   7.  a. Each year, commencing with the  proposed  budget  for  the  two
 thousand--two  thousand  one  school  year, the board of education shall
 prepare a property tax report  card,  pursuant  to  regulations  of  the
 commissioner, and shall make it publicly available by transmitting it to
 local  newspapers  of general circulation, appending it to copies of the
 proposed budget made publicly available as required by  law,  making  it
 available  for  distribution at the annual [meeting] BUDGET HEARING, and
 otherwise disseminating it as required by the commissioner. Such  report
 card shall include: (i) the amount of total spending and total estimated
 school  tax  levy that would result from adoption of the proposed budget
 and the percentage increase or decrease  in  total  spending  and  total
 school tax levy from the school district budget for the preceding school
 year;  and  (ii)  THE DISTRICT'S TAX LEVY LIMIT AND TAX LEVY BASE DETER-
 MINED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF  THE  REAL  PROPERTY
 TAX  LAW,  AND  THE  TAX LEVY PROPOSED BY THE DISTRICT, AND THE PROPOSED
 CAPITAL TAX LEVY, IF ANY; AND (III) the district's tax levy limit deter-
 mined pursuant to section two thousand twenty-three-a of this title, and
 the estimated school tax levy, excluding any levy necessary  to  support
 the expenditures pursuant to subparagraphs (i) through (iv) of paragraph
 i  of  subdivision  two  of  section two thousand twenty-three-a of this
 title, that would result from  adoption  of  the  proposed  budget;  and
 [(iii)]  (IV)  the  projected  enrollment growth for the school year for
 which the budget is prepared, and the percentage  change  in  enrollment
 from  the  previous  year; and [(iv)] (V) the percentage increase in the
 consumer price index, as defined in paragraph c of this subdivision; and
 [(v)] (VI) the projected amount of the  unappropriated  unreserved  fund
 balance  that  will  be  retained if the proposed budget is adopted, the

 A. 4038                            19
 
 projected amount of the reserved fund balance, the projected  amount  of
 the  appropriated  fund  balance,  the percentage of the proposed budget
 that the unappropriated unreserved fund balance represents,  the  actual
 unappropriated  unreserved  fund balance retained in the school district
 budget for the preceding school  year,  a  schedule  of  reserve  funds,
 setting  forth  the  name  of  each  reserve  fund, a description of its
 purpose, the balance as of the close of the third quarter of the current
 school district fiscal year and a brief statement explaining  any  plans
 for  the  use  of each such reserve fund for the ensuing fiscal year and
 the percentage of the school district budget for  the  preceding  school
 year that the actual unappropriated unreserved fund balance represents.
   b.  A  copy  of  the  property tax report card prepared for the annual
 [district meeting] BUDGET HEARING shall be submitted to  the  department
 in  the  manner  prescribed by the department by the end of the business
 day next following approval of the report card by the  board  of  educa-
 tion,  but no later than twenty-four days prior to the statewide uniform
 voting day.   The department shall compile  such  data  for  all  school
 districts  [whose budgets are subject to a vote of the qualified voters]
 SUBJECT TO A TAX LEVY LIMITATION PURSUANT TO  SECTION  THIRTEEN  HUNDRED
 SEVEN  OF  THE  REAL  PROPERTY  TAX  LAW and shall make such compilation
 available electronically at  least  ten  days  prior  to  the  statewide
 uniform voting day.
   c.  For  purposes  of  this  subdivision,  "percentage increase in the
 consumer price index" shall mean  the  percentage  that  represents  the
 product  of  one  hundred  and  the  quotient of: (i) the average of the
 national consumer price indexes determined by the United States  depart-
 ment of labor for the twelve-month period preceding January first of the
 current  year  minus  the average of the national consumer price indexes
 determined by the United States department of labor for the twelve-month
 period preceding January first of the prior year, divided  by  (ii)  the
 average  of the national consumer price indexes determined by the United
 States department of labor for the twelve-month period preceding January
 first of the prior year, with the result expressed as a decimal  to  two
 places.
   §  9.  Paragraph  a  of subdivision 7 of section 1716 of the education
 law, as amended by section 2-a of chapter 514 of the laws  of  2016,  is
 amended to read as follows:
   a.  Each  year,  commencing with the proposed budget for the two thou-
 sand--two thousand one school year, the board of education shall prepare
 a property tax report card, pursuant to regulations of the commissioner,
 and shall make it publicly available by transmitting it to local newspa-
 pers of general circulation, appending it  to  copies  of  the  proposed
 budget  made  publicly available as required by law, making it available
 for distribution at the annual [meeting] BUDGET HEARING,  and  otherwise
 disseminating it as required by the commissioner. Such report card shall
 include: (i) the amount of total spending and total estimated school tax
 levy  that  would  result  from  adoption of the proposed budget and the
 percentage increase or decrease in total spending and total  school  tax
 levy  from the school district budget for the preceding school year; and
 (ii)  THE DISTRICT'S TAX LEVY LIMIT AND TAX BASE DETERMINED PURSUANT  TO
 SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX LAW, AND THE TAX
 LEVY  PROPOSED  BY  THE  DISTRICT, AND THE PROPOSED CAPITAL TAX LEVY, IF
 ANY; AND (III) the projected enrollment growth for the school  year  for
 which  the  budget  is prepared, and the percentage change in enrollment
 from the previous year; and [(iii)] (IV) the percentage increase in  the
 consumer price index, as defined in paragraph c of this subdivision; and

 A. 4038                            20
 
 [(iv)]  (V)  the  projected amount of the unappropriated unreserved fund
 balance that will be retained if the proposed  budget  is  adopted,  the
 projected  amount  of the reserved fund balance, the projected amount of
 the  appropriated  fund  balance,  the percentage of the proposed budget
 that the unappropriated unreserved fund balance represents,  the  actual
 unappropriated  unreserved  fund balance retained in the school district
 budget for the preceding school  year,  a  schedule  of  reserve  funds,
 setting  forth  the  name  of  each  reserve  fund, a description of its
 purpose, the balance as of the close of the third quarter of the current
 school district fiscal year and a brief statement explaining  any  plans
 for  the  use  of each such reserve fund for the ensuing fiscal year and
 the percentage of the school district budget for  the  preceding  school
 year that the actual unappropriated unreserved fund balance represents.
   §  10.  Section  2008  of the education law is amended by adding a new
 subdivision 4 to read as follows:
   4. NOTWITHSTANDING ANY OTHER PROVISION OF  LAW  TO  THE  CONTRARY,  IT
 SHALL  NOT  BE  WITHIN  THE POWERS OF THE VOTERS OF A SCHOOL DISTRICT TO
 SUBMIT A PROPOSITION THAT REQUIRES THE EXPENDITURE  OF  MONEY,  PROVIDED
 THAT  THE  VOTERS  MAY  SUBMIT A TAX LEVY LIMIT UNDERRIDE PROPOSITION AS
 AUTHORIZED PURSUANT TO SUBDIVISION TWO OF SECTION TWO  THOUSAND  TWENTY-
 THREE-C  OF THIS PART OR A PROPOSITION TO CHANGE THE MILEAGE LIMITATIONS
 ON TRANSPORTATION PURSUANT TO SUBDIVISION NINETEEN OF SECTION TWO  THOU-
 SAND TWENTY-ONE OF THIS PART.
   §  11.   Section 2022 of the education law, as amended by section 7 of
 part A of chapter 97 of the laws of 2011,  subdivision  7  as  added  by
 chapter 514 of the laws of 2016, is amended to read as follows:
   §  2022.  [Vote  on] ADOPTION OF school district budgets [and on the];
 ANNUAL DISTRICT MEETING AND election of  school  district  trustees  and
 board  of  education  members. 1. Notwithstanding any law, rule or regu-
 lation to the contrary, the ANNUAL  DISTRICT  MEETING  AND  election  of
 trustees or members of the board of education, and the TAX LEVY PROPOSI-
 TION  vote  [upon  the  appropriation of the necessary funds to meet the
 estimated expenditures,] in  any  common  school  district,  union  free
 school district, central school district or central high school district
 shall  be held [at the annual meeting and election] on the third Tuesday
 in May, provided, however, that such  election  shall  be  held  on  the
 second  Tuesday  in  May  if  the commissioner at the request of a local
 school board certifies no later than  March  first  that  such  election
 would  conflict  with  religious observances. The sole trustee, board of
 trustees or board of education of every common, union free,  central  or
 central  high  school  district  and every city school district to which
 this article applies shall hold a budget hearing not less than seven nor
 more than fourteen days prior to the annual  meeting  and  election  [or
 special  district meeting at which a school budget vote will occur], and
 shall prepare and present  to  the  voters  at  such  budget  hearing  a
 proposed  school  district  budget  for the ensuing school year.  IF THE
 QUALIFIED VOTERS HAVE APPROVED  A  TAX  LEVY  PROPOSITION  OR  UNDERRIDE
 PROPOSITION  IN  ACCORDANCE  WITH SECTION TWO THOUSAND TWENTY-THREE-C OF
 THIS PART, SUCH TRUSTEES OR BOARD OF EDUCATION SHALL ADOPT A BUDGET THAT
 COMPLIES WITH SUCH PROPOSITION.  IF NO TAX LEVY PROPOSITION OR UNDERRIDE
 PROPOSITION HAS BEEN APPROVED BY THE QUALIFIED VOTERS, THEN THE TRUSTEES
 OR BOARD OF EDUCATION SHALL ADOPT A BUDGET THAT  REQUIRES  A  TAX  LEVY,
 EXCLUDING  ANY  CAPITAL  TAX  LEVY, THAT IS NO GREATER THAN THE TAX LEVY
 BASE DETERMINED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF  THE  REAL
 PROPERTY TAX LAW.

 A. 4038                            21
 
   2.  [Except  as provided in subdivision four of this section, nothing]
 NOTHING in this section shall preclude the trustees or board  of  educa-
 tion,  in their discretion, from submitting additional items of expendi-
 ture to the voters for approval as separate propositions or  the  voters
 from submitting propositions pursuant to sections two thousand eight and
 two thousand thirty-five of this part; provided however that such propo-
 sitions  shall  be  subject to the requirements set forth in subdivision
 nine of section two thousand twenty-three-a of this part.
   2-a. Every common, union free, central, central high  school  district
 and  city  school  district  to  which this article applies shall mail a
 school budget notice to all qualified  voters  of  the  school  district
 after  the  date of the budget hearing, but no later than six days prior
 to the annual meeting and election [or special district meeting at which
 a school budget vote will occur]. The school budget notice shall compare
 the percentage increase or decrease in total spending under the proposed
 budget over total spending under the school district budget adopted  for
 the current school year, with the percentage increase or decrease in the
 consumer  price  index,  from  January first of the prior school year to
 January first of the current school year, and  shall  also  include  the
 [information  required  by  paragraphs  a and b of this subdivision. The
 notice shall also set forth the date, time and place of the school budg-
 et vote, in the same manner as in the  notice  of  annual  meeting,  and
 shall also include the district's tax levy limit pursuant to section two
 thousand twenty-three-a of this part, and the estimated school tax levy,
 excluding  any  levy  necessary  to support the expenditures pursuant to
 subparagraphs (i) through (iv) of paragraph  i  of  subdivision  two  of
 section two thousand twenty-three-a of this part, that would result from
 adoption  of the proposed budget] DISTRICT'S TAX LEVY LIMIT AND TAX LEVY
 BASE DETERMINED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF  THE  REAL
 PROPERTY  TAX  LAW,  AND  THE TAX LEVY PROPOSED BY THE DISTRICT, AND THE
 PROPOSED CAPITAL TAX LEVY, IF ANY.   Such notice  shall  be  in  a  form
 prescribed by the commissioner.
   [a.  Commencing with the proposed budget for the two thousand one--two
 thousand two school year, such notice shall also include  a  description
 of how total spending and the tax levy resulting from the proposed budg-
 et would compare with a projected contingency budget adopted pursuant to
 section  two  thousand  twenty-three of this article, assuming that such
 contingency budget is adopted on  the  same  day  as  the  vote  on  the
 proposed  budget.  Such  comparison  shall  be in total and by component
 (program, capital and administrative), and shall include a statement  of
 the assumptions made in estimating the projected contingency budget.
   b.]  Commencing  with the proposed budget for the two thousand eight--
 two thousand nine school year, such notice  shall  also  include,  in  a
 format  prescribed  by  the commissioner, an estimate of the tax savings
 that would be available to an eligible homeowner under the basic  school
 tax  relief  (STAR) exemption authorized by section four hundred twenty-
 five of the real property tax law if the proposed budget  were  adopted.
 Such  estimate shall be made in the manner prescribed by the commission-
 er, in consultation with the office of real property services.
   3. In all elections for trustees or members of boards of education  or
 votes OR PROPOSITIONS involving the expenditure of money, or authorizing
 the  levy  of  taxes,  OR  VOTES ON PROPOSITIONS TO UNDERRIDE A TAX LEVY
 LIMITATION PURSUANT TO SECTION TWO THOUSAND TWENTY-THREE-C OF THIS PART,
 the vote thereon shall be by ballot, or, in school districts that  prior
 to  nineteen  hundred  ninety-eight  conducted  their vote at the annual

 A. 4038                            22
 
 meeting, may be ascertained by taking and recording the ayes and noes of
 such qualified voters attending and voting at such district meetings.
   4.  The  budget adoption process shall conform to the requirements set
 forth in section two thousand twenty-three-a of this part. [In the event
 that the original proposed budget is not approved  by  the  voters,  the
 sole  trustee,  trustees  or board of education may adopt a final budget
 pursuant to subdivision five of this section or resubmit to  the  voters
 the  original  or  a  revised  budget  pursuant  to subdivision three of
 section two thousand seven of this part. Upon one defeat of such  resub-
 mitted  budget,  the  sole trustee, trustees or board of education shall
 adopt a final budget pursuant to  subdivision  five  of  this  section.]
 Notwithstanding  any other provision of law to the contrary, [the school
 district budget for any school year, or any part of such budget or]  any
 propositions  involving  the  expenditure  of money for such school year
 shall not be submitted for a vote of  the  qualified  voters  more  than
 twice.
   5.  [If  the  qualified  voters  fail  to  approve the proposed school
 district budget upon resubmission or upon a determination not to  resub-
 mit  for a second vote pursuant to subdivision four of this section, the
 sole trustee, trustees or board of education, after applying thereto the
 public school moneys and other moneys received or  to  be  received  for
 that purpose, shall levy a tax for the sum necessary for teachers' sala-
 ries  and  other  ordinary  contingent  expenses  in accordance with the
 provisions of this subdivision and sections  two  thousand  twenty-three
 and two thousand twenty-three-a of this article.
   6. Notwithstanding the provisions of subdivision four of section eigh-
 teen  hundred  four and subdivision five of section nineteen hundred six
 of this title, subdivision one of section two thousand two of this arti-
 cle, subdivision one of this section, subdivision two of  section  twen-
 ty-six hundred one-a of this title and any other provision of law to the
 contrary,  the  annual  district  meeting  and election of every common,
 union free, central and central high  school  district  and  the  annual
 meeting  of  every city school district in a city having a population of
 less than one hundred twenty-five thousand inhabitants that is scheduled
 to be held on the third Tuesday of May, two  thousand  three  is  hereby
 adjourned until the first Tuesday in June, two thousand three. The trus-
 tees  or  board  of education of each such school district shall provide
 notice of such adjourned meeting to the qualified voters in  the  manner
 prescribed  for  notice  of  the  annual  meeting, and such notice shall
 provide for an adjourned budget hearing. The adjourned district  meeting
 or  district  meeting and election shall be deemed the annual meeting or
 annual meeting and election of the district for all purposes under  this
 title  and  the date of the adjourned meeting shall be deemed the state-
 wide uniform voting day for all purposes under  this  title.    Notwith-
 standing  the provisions of subdivision seven of section sixteen hundred
 eight or subdivision seven of section seventeen hundred sixteen of  this
 title or any other provision of law, rule or regulation to the contrary,
 in two thousand three the property tax report card shall be submitted to
 the  department  no  later  than  twenty  days  prior to the date of the
 adjourned meeting and the department shall make its  compilation  avail-
 able electronically at least seven days prior to such date.
   7.]  Each  school  district shall post on its website, if any, a final
 annual budget and any multi-year financial plan adopted by the board  of
 education or trustees.
   §  12.  Section 2022 of the education law, as amended by section 23 of
 part A of chapter 436 of the laws of  1997,  subdivisions  1  and  3  as

 A. 4038                            23
 
 amended by section 8 of part C of chapter 58 of the laws of 1998, subdi-
 vision  2-a  as amended by section 3 of part A of chapter 60 of the laws
 of 2000, paragraph b of subdivision 2-a as amended by section 5 of  part
 W of chapter 57 of the laws of 2008, subdivision 4 as amended by section
 7 of part M of chapter 57 of the laws of 2005, subdivision 6 as added by
 chapter 61 of the laws of 2003 and subdivision 7 as added by chapter 514
 of the laws of 2016, is amended to read as follows:
   §  2022.  [Vote  on] ADOPTION OF school district budgets [and on the];
 ANNUAL DISTRICT MEETING AND election of  school  district  trustees  and
 board  of  education  members. 1. Notwithstanding any law, rule or regu-
 lation to the contrary, the ANNUAL  DISTRICT  MEETING  AND  election  of
 trustees or members of the board of education, and the TAX LEVY PROPOSI-
 TION  vote  [upon  the  appropriation of the necessary funds to meet the
 estimated expenditures,] in  any  common  school  district,  union  free
 school district, central school district or central high school district
 shall  be held [at the annual meeting and election] on the third Tuesday
 in May, provided, however, that such  election  shall  be  held  on  the
 second  Tuesday  in  May  if  the commissioner at the request of a local
 school board certifies no later than  March  first  that  such  election
 would  conflict  with religious observances. [When such election or vote
 is taken by recording the ayes and noes of the qualified voters  attend-
 ing, a majority of the qualified voters present and voting, by a hand or
 voice  vote,  may determine to take up the question of voting the neces-
 sary funds to meet the estimated expenditures for a specific item  sepa-
 rately,  and  the  qualified  voters present and voting may increase the
 amount of any estimated expenditures or  reduce  the  same,  except  for
 teachers'   salaries,  and  the  ordinary  contingent  expenses  of  the
 schools.] The sole trustee, board of trustees or board of  education  of
 every  common,  union  free, central or central high school district and
 every city school district to which this article applies  shall  hold  a
 budget  hearing not less than seven nor more than fourteen days prior to
 the annual meeting and election [or special district meeting at which  a
 school  budget  vote  will  occur], and shall prepare and present to the
 voters at such budget hearing a proposed school district budget for  the
 ensuing  school year.   IF THE QUALIFIED VOTERS HAVE APPROVED A TAX LEVY
 PROPOSITION OR UNDERRIDE PROPOSITION  IN  ACCORDANCE  WITH  SECTION  TWO
 THOUSAND  TWENTY-THREE-C  OF THIS PART, SUCH TRUSTEES OR BOARD OF EDUCA-
 TION SHALL ADOPT A BUDGET THAT COMPLIES WITH SUCH PROPOSITION.    IF  NO
 TAX  LEVY  PROPOSITION OR UNDERRIDE PROPOSITION HAS BEEN APPROVED BY THE
 QUALIFIED VOTERS, THEN THE TRUSTEES OR BOARD OF EDUCATION SHALL ADOPT  A
 BUDGET THAT REQUIRES A TAX LEVY, EXCLUDING ANY CAPITAL TAX LEVY, THAT IS
 NO  GREATER  THAN THE TAX LEVY BASE DETERMINED PURSUANT TO SECTION THIR-
 TEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX LAW.
   2. [Except as provided in subdivision four of this  section,  nothing]
 NOTHING  in  this section shall preclude the trustees or board of educa-
 tion, in their discretion, from submitting additional items of  expendi-
 ture  to  the voters for approval as separate propositions or the voters
 from submitting propositions pursuant to [section] SECTIONS two thousand
 eight and two thousand thirty-five of this [article] PART.
   2-a. Every common, union free, central, central high  school  district
 and  city  school  district  to  which this article applies shall mail a
 school budget notice to all qualified  voters  of  the  school  district
 after  the  date of the budget hearing, but no later than six days prior
 to the annual meeting and election [or special district meeting at which
 a school budget vote will occur]. The school budget notice shall compare
 the percentage increase or decrease in total spending under the proposed

 A. 4038                            24
 
 budget over total spending under the school district budget adopted  for
 the current school year, with the percentage increase or decrease in the
 consumer  price  index,  from  January first of the prior school year to
 January  first  of  the  current school year, and shall also include the
 [information required by paragraphs a and b  of  this  subdivision.  The
 notice shall also set forth the date, time and place of the school budg-
 et  vote,  in  the  same  manner  as  in  the  notice of annual meeting]
 DISTRICT'S TAX LEVY LIMIT AND  TAX  LEVY  BASE  DETERMINED  PURSUANT  TO
 SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX LAW, AND THE TAX
 LEVY  PROPOSED  BY  THE  DISTRICT, AND THE PROPOSED CAPITAL TAX LEVY, IF
 ANY. Such notice shall be in a form prescribed by the commissioner.
   [a. Commencing with the proposed budget for the two thousand  one--two
 thousand  two  school year, such notice shall also include a description
 of how total spending and the tax levy resulting from the proposed budg-
 et would compare with a projected contingency budget adopted pursuant to
 section two thousand twenty-three of this article,  assuming  that  such
 contingency  budget  is  adopted  on  the  same  day  as the vote on the
 proposed budget. Such comparison shall be  in  total  and  by  component
 (program,  capital and administrative), and shall include a statement of
 the assumptions made in estimating the projected contingency budget.
   b.] Commencing with the proposed budget for the two  thousand  eight--
 two  thousand  nine  school  year,  such notice shall also include, in a
 format prescribed by the commissioner, an estimate of  the  tax  savings
 that  would be available to an eligible homeowner under the basic school
 tax relief (STAR) exemption authorized by section four  hundred  twenty-
 five  of  the real property tax law if the proposed budget were adopted.
 Such estimate shall be made in the manner prescribed by the  commission-
 er, in consultation with the office of real property services.
   3.  In all elections for trustees or members of boards of education or
 votes ON PROPOSITIONS involving the expenditure of money, or authorizing
 the levy of taxes, OR VOTES ON PROPOSITIONS  TO  UNDERRIDE  A  TAX  LEVY
 LIMITATION PURSUANT TO SECTION TWO THOUSAND TWENTY-THREE-C OF THIS PART,
 the  vote thereon shall be by ballot, or, in school districts that prior
 to nineteen hundred ninety-eight conducted  their  vote  at  the  annual
 meeting, may be ascertained by taking and recording the ayes and noes of
 such qualified voters attending and voting at such district meetings.
   4.  [In the event that the original proposed budget is not approved by
 the voters, the sole trustee, trustees or board of education may adopt a
 final budget pursuant to subdivision five of this section or resubmit to
 the voters the original or a  revised  budget  pursuant  to  subdivision
 three  of  section  two  thousand seven of this part. Upon one defeat of
 such resubmitted budget, the sole trustee, trustees or board  of  educa-
 tion  shall  adopt  a  final budget pursuant to subdivision five of this
 section.] Notwithstanding any other provision of law  to  the  contrary,
 [the  school  district  budget  for any school year, or any part of such
 budget or] any propositions involving the expenditure of money for  such
 school  year  shall  not be submitted for a vote of the qualified voters
 more than twice.
   5. [If the qualified  voters  fail  to  approve  the  proposed  school
 district  budget upon resubmission or upon a determination not to resub-
 mit for a second vote pursuant to subdivision four of this section,  the
 sole trustee, trustees or board of education, after applying thereto the
 public  school  moneys  and  other moneys received or to be received for
 that purpose, shall levy a tax for the sum necessary for teachers' sala-
 ries and other ordinary  contingent  expenses  in  accordance  with  the

 A. 4038                            25

 provisions  of this subdivision and section two thousand twenty-three of
 this article.
   6. Notwithstanding the provisions of subdivision four of section eigh-
 teen  hundred  four and subdivision five of section nineteen hundred six
 of this title, subdivision one of section two thousand two of this arti-
 cle, subdivision one of this section, subdivision two of  section  twen-
 ty-six hundred one-a of this title and any other provision of law to the
 contrary,  the  annual  district  meeting  and election of every common,
 union free, central and central high  school  district  and  the  annual
 meeting  of  every city school district in a city having a population of
 less than one hundred twenty-five thousand inhabitants that is scheduled
 to be held on the third Tuesday of May, two  thousand  three  is  hereby
 adjourned until the first Tuesday in June, two thousand three. The trus-
 tees  or  board  of education of each such school district shall provide
 notice of such adjourned meeting to the qualified voters in  the  manner
 prescribed  for  notice  of  the  annual  meeting, and such notice shall
 provide for an adjourned budget hearing. The adjourned district  meeting
 or  district  meeting and election shall be deemed the annual meeting or
 annual meeting and election of the district for all purposes under  this
 title  and  the date of the adjourned meeting shall be deemed the state-
 wide uniform voting day for all purposes under  this  title.    Notwith-
 standing  the provisions of subdivision seven of section sixteen hundred
 eight or subdivision seven of section seventeen hundred sixteen of  this
 title or any other provision of law, rule or regulation to the contrary,
 in two thousand three the property tax report card shall be submitted to
 the  department  no  later  than  twenty  days  prior to the date of the
 adjourned meeting and the department shall make its  compilation  avail-
 able electronically at least seven days prior to such date.
   7.]  Each  school  district shall post on its website, if any, a final
 annual budget and any multi-year financial plan adopted by the board  of
 education or trustees.
   §  13.  The education law is amended by adding a new section 2023-c to
 read as follows:
   § 2023-C. VOTER APPROVAL OF TAX LEVY LIMITATIONS. 1. THE TAX LEVY  FOR
 ANY  SCHOOL  DISTRICT SUBJECT TO THE TAX LEVY LIMITATIONS ESTABLISHED BY
 SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY  TAX  LAW  SHALL  BE
 APPROVED  BY  THE QUALIFIED VOTERS OF THE SCHOOL DISTRICT AS PROVIDED IN
 THIS SECTION. AS USED IN THIS SECTION, THE TERM "TAX  LEVY  PROPOSITION"
 MEANS  A  PROPOSITION  TO AUTHORIZE A TAX LEVY SUFFICIENT TO SUPPORT THE
 PROPOSED SCHOOL DISTRICT BUDGET,  EXCLUDING  ANY  PROPOSED  CAPITAL  TAX
 LEVY;  THE  TERM "UNDERRIDE PROPOSITION" MEANS A PROPOSITION TO IMPOSE A
 MORE RESTRICTIVE TAX LEVY LIMIT UPON A SCHOOL DISTRICT THAN THE TAX LEVY
 LIMIT ESTABLISHED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF THE REAL
 PROPERTY TAX LAW; AND THE TERM "GENERAL PURPOSE  STATE  AID"  MEANS  ALL
 FORMS  OF  STATE  AID  WHICH ARE PAYABLE TO A SCHOOL DISTRICT AS GENERAL
 SUPPORT FOR THE PUBLIC SCHOOLS, WITH  THE  EXCEPTION  OF  BUILDING  AID,
 LIBRARY  AID,  COMPUTER HARDWARE AND SOFTWARE AID, UNIVERSAL PRE-KINDER-
 GARTEN AID AND TEXTBOOK AID.  THE DIRECTOR OF THE BUDGET SHALL  ANNUALLY
 CERTIFY  THE  AMOUNT OF GENERAL PURPOSE STATE AID PAYABLE TO EACH SCHOOL
 DISTRICT.
   2. A. THE QUALIFIED VOTERS OF A COMMON  SCHOOL  DISTRICT,  UNION  FREE
 SCHOOL  DISTRICT,  CENTRAL SCHOOL DISTRICT, CENTRAL HIGH SCHOOL DISTRICT
 OR A CITY SCHOOL DISTRICT IN A CITY WITH LESS THAN ONE  HUNDRED  TWENTY-
 FIVE  THOUSAND  INHABITANTS, UPON FILING OF A VALID PETITION PURSUANT TO
 PARAGRAPH B OF THIS SUBDIVISION, MAY VOTE TO IMPOSE TAX LEVY LIMITS  FOR
 THE  ENSUING  SCHOOL YEAR THAT ARE MORE RESTRICTIVE THAN THOSE OTHERWISE

 A. 4038                            26
 
 IMPOSED BY SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX  LAW.
 NO SUCH VOTE SHALL APPLY TO MORE THAN ONE SCHOOL YEAR.
   B. UPON THE FILING WITH THE TRUSTEE, TRUSTEES OR BOARD OF EDUCATION OF
 ONE  OR  MORE  PETITIONS PURSUANT TO THIS SUBDIVISION REQUESTING THAT AN
 UNDERRIDE PROPOSITION BE SUBMITTED FOR A  VOTE  AT  A  SPECIAL  DISTRICT
 MEETING,  SUCH OFFICERS SHALL CALL A SPECIAL DISTRICT MEETING TO BE HELD
 ON THE FIRST TUESDAY IN MAY, OR THE LAST TUESDAY IN  APRIL  WHERE  THERE
 WOULD  BE  A CONFLICT WITH RELIGIOUS OBSERVANCES, IN ACCORDANCE WITH THE
 APPLICABLE PROVISIONS OF SUBDIVISION THREE OF SECTION TWO THOUSAND SEVEN
 OF THIS PART, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED  VOTERS  AN
 UNDERRIDE  PROPOSITION.  SUCH  OFFICERS  SHALL  SUBMIT FOR A VOTE OF THE
 QUALIFIED VOTERS THE PROPOSITION THAT WAS SIGNED BY THE GREATEST  NUMBER
 OF  QUALIFIED  VOTERS,  OR, IF THERE IS A TIE, THE PROPOSITION SIGNED BY
 THE GREATEST NUMBER OF QUALIFIED VOTERS THAT WAS FILED FIRST. A PETITION
 FOR AN UNDERRIDE PROPOSITION SHALL  BE  SIGNED  BY:  (I)  AT  LEAST  TEN
 PERCENT  OF  THE  REGISTERED  VOTERS OF THE SCHOOL DISTRICT BASED ON THE
 REGISTER PREPARED AT THE LAST ANNUAL MEETING AND ELECTION OF THE  SCHOOL
 DISTRICT;  OR  (II)  IF  THE  SCHOOL  DISTRICT  DOES NOT PROVIDE FOR THE
 PERSONAL REGISTRATION OF VOTERS, BY TWO HUNDRED FIFTY  QUALIFIED  VOTERS
 OR  TWENTY  PERCENT  OF  THE  NUMBER OF VOTERS WHO VOTED IN THE PREVIOUS
 ANNUAL ELECTION OF THE MEMBERS OF THE BOARD OF  EDUCATION  OR  TRUSTEES,
 WHICHEVER  IS  LESS.   SUCH PETITION SHALL BE FILED IN THE OFFICE OF THE
 CLERK OF THE DISTRICT BETWEEN THE HOURS OF NINE A.M. AND FIVE P.M.,  NOT
 LATER  THAN  THE TWENTIETH DAY PRECEDING THE SPECIAL DISTRICT MEETING AT
 WHICH AN UNDERRIDE VOTE MAY OCCUR.
   C. WHERE A PROPOSITION TO UNDERRIDE A TAX LEVY  LIMITATION  IS  TO  BE
 SUBMITTED  FOR  A  VOTE  AT  A  SPECIAL DISTRICT MEETING CALLED FOR THIS
 PURPOSE, THE CLERK OF THE DISTRICT SHALL GIVE NOTICE  OF  THE  TIME  AND
 PLACE  OF  THE  SPECIAL DISTRICT MEETING BY PUBLISHING A NOTICE AT LEAST
 FOURTEEN DAYS PRIOR TO THE SPECIAL DISTRICT MEETING IN TWO NEWSPAPERS IF
 THERE SHALL BE TWO, OR IN ONE NEWSPAPER  IF  THERE  SHALL  BE  BUT  ONE,
 HAVING GENERAL CIRCULATION WITHIN SUCH DISTRICT, PROVIDED, HOWEVER, THAT
 IF THERE IS NO NEWSPAPER HAVING GENERAL CIRCULATION WITHIN THE DISTRICT,
 THE  SAID  NOTICE  SHALL BE POSTED IN AT LEAST TWENTY OF THE MOST PUBLIC
 PLACES IN SAID DISTRICT FOURTEEN DAYS BEFORE THE TIME OF SUCH MEETING.
   D. AN  UNDERRIDE  PROPOSITION  SHALL  BE  A  SEPARATE  PROPOSITION  IN
 SUBSTANTIALLY THE FOLLOWING FORM:
   "SHALL THE            SCHOOL DISTRICT BE REQUIRED TO IMPOSE A TAX LEVY
 FOR  THE      SCHOOL  YEAR,  EXCLUDING  ANY CAPITAL TAX LEVY, THAT IS NO
 GREATER THAN       , EVEN THOUGH THE STATUTORY TAX LEVY LIMIT  FOR  THAT
 SCHOOL YEAR IS       ?"
   E. AN UNDERRIDE PROPOSITION SHALL BE APPROVED IF OVER FIFTY PERCENT OF
 THE  VOTES CAST THEREON ARE IN THE AFFIRMATIVE. IF SUCH UNDERRIDE PROPO-
 SITION IS APPROVED BY THE QUALIFIED VOTERS, THE TAX LEVY  LIMIT  IMPOSED
 THEREBY SHALL BE DEEMED TO BE THE TAX LEVY LIMIT FOR THE SCHOOL DISTRICT
 FOR  THE  COMING  SCHOOL  YEAR  FOR PURPOSES OF SECTION THIRTEEN HUNDRED
 SEVEN OF THE REAL PROPERTY TAX LAW, AND THE TRUSTEES OR BOARD OF  EDUCA-
 TION  SHALL  ADOPT A BUDGET THAT COMPLIES WITH SUCH TAX LEVY LIMIT. UPON
 APPROVAL OF AN UNDERRIDE PROPOSITION, NO OTHER TAX LEVY PROPOSITION  MAY
 BE SUBMITTED TO THE VOTERS FOR THAT SAME SCHOOL YEAR.
   3.  A.  UNLESS  AN UNDERRIDE PROPOSITION HAS BEEN APPROVED PURSUANT TO
 SUBDIVISION TWO OF THIS SECTION,  THE  TRUSTEE,  TRUSTEES  OR  BOARD  OF
 EDUCATION  OF  A SCHOOL DISTRICT SHALL PRESENT AT THE ANNUAL MEETING AND
 ELECTION A TAX LEVY PROPOSITION IN SUBSTANTIALLY THE FOLLOWING FORM:
   "SHALL THE            SCHOOL DISTRICT BE AUTHORIZED TO  IMPOSE  A  TAX
 LEVY  FOR  THE        SCHOOL  YEAR,  EXCLUDING  ANY  CAPITAL  TAX  LEVY,

 A. 4038                            27
 
 OF       , WHEN THE STATUTORY  TAX  LEVY  LIMIT  FOR  THAT  SCHOOL  YEAR
 IS       ?"
   B.  EXCEPT  AS OTHERWISE PROVIDED IN SECTION THIRTEEN HUNDRED SEVEN OF
 THE REAL PROPERTY TAX LAW, IF THE PROPOSED TAX LEVY DOES NOT EXCEED  THE
 TAX  LEVY LIMIT DETERMINED PURSUANT TO SECTION THIRTEEN HUNDRED SEVEN OF
 THE REAL PROPERTY TAX LAW, THEN THE PROPOSITION  SHALL  BE  APPROVED  IF
 OVER  FIFTY PERCENT OF THE VOTES CAST THEREON ARE IN THE AFFIRMATIVE. IF
 THE PROPOSED TAX LEVY WOULD EXCEED THE TAX LEVY LIMIT DETERMINED  PURSU-
 ANT TO SECTION THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX LAW, THEN
 THE  PROPOSITION  SHALL  BE APPROVED IF OVER FIFTY-FIVE PERCENT OF VOTES
 CAST THEREON ARE IN THE AFFIRMATIVE.
   IF THE AMOUNT OF GENERAL PURPOSE STATE AID WHICH WILL BE PAYABLE TO  A
 SCHOOL DISTRICT FOR THE COMING SCHOOL YEAR HAS NOT BEEN CERTIFIED BY THE
 DIRECTOR  OF  THE  BUDGET,  THEN  FIFTY PERCENT OF THE VOTES CAST ON THE
 PROPOSITION BY QUALIFIED VOTERS MUST BE IN THE AFFIRMATIVE IN ORDER  FOR
 THE PROPOSITION TO BE APPROVED.
   C.  IF  THE  TAX LEVY PROPOSITION IS APPROVED BY THE QUALIFIED VOTERS,
 THE TAX LEVY LIMIT IMPOSED THEREBY SHALL BE DEEMED TO BE  THE  TAX  LEVY
 LIMIT  FOR THE SCHOOL DISTRICT FOR THE COMING SCHOOL YEAR, AND THE TRUS-
 TEES OR BOARD OF EDUCATION SHALL ADOPT A BUDGET THAT COMPLIES WITH  SUCH
 TAX LEVY LIMIT. IF, HOWEVER, THE TAX LEVY PROPOSITION IS NOT APPROVED BY
 THE  QUALIFIED  VOTERS,  THEN  THE  TRUSTEES OR BOARD OF EDUCATION SHALL
 ADOPT A BUDGET THAT REQUIRES A TAX LEVY EXCLUDING ANY CAPITAL TAX  LEVY,
 THAT IS NO GREATER THAN THE TAX LEVY BASE DETERMINED PURSUANT TO SECTION
 THIRTEEN HUNDRED SEVEN OF THE REAL PROPERTY TAX LAW.
   § 14. This act shall take effect immediately; provided, however, that:
   (a)  the amendments to paragraph a of subdivision 7 of section 1608 of
 the education law, made by section six of this act, shall be subject  to
 the expiration and reversion of such paragraph pursuant to section 13 of
 part  A  of  chapter  97 of the laws of 2011, as amended, when upon such
 date the provisions of section seven of this act shall take effect;
   (b) the amendments to paragraph a of subdivision 7 of section 1716  of
 the  education  law, made by section eight of this act, shall be subject
 to the expiration and reversion of such paragraph pursuant to section 13
 of part A of chapter 97 of the laws of 2011, as amended, when upon  such
 date the provisions of section nine of this act shall take effect; and
   (c)  the  amendments  to  section  2022  of the education law, made by
 section eleven of this act, shall  be  subject  to  the  expiration  and
 reversion of such section pursuant to section 13 of part A of chapter 97
 of  the  laws of 2011, as amended, when upon such date the provisions of
 section twelve of this act shall take effect.