S T A T E O F N E W Y O R K
________________________________________________________________________
7957
2019-2020 Regular Sessions
I N A S S E M B L Y
May 29, 2019
___________
Introduced by M. of A. GUNTHER -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT relating to payments in lieu of taxes paid to the Minisink Valley
central school district
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any laws to the contrary, for the purposes
of section 2023-a of the education law, payment in lieu of tax agree-
ments paid to the Minisink Valley Central School District in 2019-2020
and in subsequent years by Competitive Power Ventures shall be included
in the quantity change factor and shall show the percentage by which the
full value of the 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 and shall include the change in assessed
value for each property on the exempt side of the tax rolls under a
payment in lieu of tax agreement.
ยง 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11693-01-9