S T A T E O F N E W Y O R K
________________________________________________________________________
4518
2019-2020 Regular Sessions
I N A S S E M B L Y
February 4, 2019
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Introduced by M. of A. GLICK, COOK, PAULIN, MONTESANO -- Multi-Sponsored
by -- M. of A. CROUCH, JAFFEE, THIELE -- read once and referred to the
Committee on Local Governments
AN ACT to amend the general municipal law, in relation to exempting the
costs associated with the construction of community college capital
facilities from the real property tax levy limit for local governments
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (iv) of paragraph (g) of subdivision 2 of
section 3-c of the general municipal law, as added by section 1 of part
A of chapter 97 of the laws of 2011, is amended and a new subparagraph
(v) is added to read as follows:
(iv) in years in which the normal contribution rate of the New York
state teachers' retirement system, as defined by paragraph a of subdivi-
sion two of section five hundred seventeen of the education law,
increases by more than two percentage points from the previous year, a
tax levy necessary for expenditures for the coming fiscal year for local
government employer contributions to the New York state teachers'
retirement system caused by growth in the normal contribution rate minus
two percentage points[.];
(V) A TAX LEVY NECESSARY FOR EXPENDITURES FOR THE COMING FISCAL YEAR
RELATED TO THE FINANCING, REFINANCING, CONSTRUCTION, RECONSTRUCTION,
RENOVATION, ACQUISITION, DESIGN, REHABILITATION, IMPROVEMENT, FURNISH-
ING, EQUIPPING OR ALTERATION OF COMMUNITY COLLEGE CAPITAL FACILITIES,
INCLUDING DEBT SERVICE AND LEASE EXPENDITURES, AS APPROVED BY THE LOCAL
SPONSOR, AS DEFINED IN SUBDIVISION THREE OF SECTION SIXTY-THREE HUNDRED
ONE OF THE EDUCATION LAW.
§ 2. This act shall take effect immediately; provided, however, that
the amendments to section 3-c of the general municipal law made by
section one of this act shall not affect the repeal of such section and
shall be deemed repealed therewith.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.