S T A T E   O F   N E W   Y O R K
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                                   1534
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 15, 2019
                                ___________
 
 Introduced by Sens. KENNEDY, GALLIVAN -- read twice and ordered printed,
   and when printed to be committed to the Committee on Education
 
 AN  ACT  to  amend the education law, in relation to supplemental impact
   aid grants
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Section  3641 of the education law is amended by adding a
 new subdivision 17 to read as follows:
   17. SUPPLEMENTAL IMPACT AID GRANTS. A. THE PURPOSE OF THIS SUBDIVISION
 IS TO PROVIDE FINANCIAL ASSISTANCE TO  DISTRICTS  OTHER  THAN  FOR  CITY
 SCHOOL DISTRICTS OF CITIES HAVING POPULATIONS OF ONE HUNDRED TWENTY-FIVE
 THOUSAND  OR  MORE WHICH HAVE EXPERIENCED A SIGNIFICANT REDUCTION IN THE
 TAXABLE FULL VALUE OF THE SCHOOL DISTRICT AS  A  DIRECT  CONSEQUENCE  OF
 SECTION  FOUR HUNDRED FORTY-SIX OF THE REAL PROPERTY TAX LAW. REAL PROP-
 ERTY ACTUALLY AND EXCLUSIVELY USED UNDER SECTION FOUR HUNDRED  FORTY-SIX
 OF  THE  REAL  PROPERTY  TAX  LAW  SHALL REMAIN EXEMPT FROM TAXATION AND
 EXEMPT FROM SPECIAL AD VALOREM LEVIES AND SPECIAL ASSESSMENTS.
   B. PRESCRIBED PAYMENTS. ON OR AFTER THE FIRST BUSINESS DAY OF JULY  OF
 EACH  SCHOOL  YEAR, COMMENCING JULY FIRST, TWO THOUSAND NINETEEN, SCHOOL
 DISTRICTS SHALL BE FULLY REIMBURSED IN AN AMOUNT EQUAL  TO  ONE  HUNDRED
 PERCENT  OF THE EXEMPTION PROVIDED FOR BY SECTION FOUR HUNDRED FORTY-SIX
 OF THE REAL PROPERTY TAX LAW, IF THAT REIMBURSEMENT AMOUNT IS OVER  TWO-
 TENTHS  OF  ONE PERCENT OF THE DISTRICT'S OVERALL STATE AID.  NO PAYMENT
 SHALL BE MADE PURSUANT TO THIS SUBDIVISION UNTIL SUCH  AMOUNT  FOR  EACH
 SCHOOL DISTRICT IS CERTIFIED BY THE COMMISSIONER OF TAXATION AND FINANCE
 AND TRANSMITTED TO THE COMMISSIONER. SUCH CERTIFICATION SHALL BE MADE ON
 OR  BEFORE JUNE THIRTIETH SO AS TO FACILITATE PAYMENTS TO BE MADE PURSU-
 ANT TO THIS SECTION.
   C. THE COMMISSIONER OF TAXATION AND FINANCE SHALL CALCULATE AN  AMOUNT
 EQUAL  TO  ONE  HUNDRED PERCENT OF THE EXEMPTION PROVIDED FOR BY SECTION
 FOUR HUNDRED FORTY-SIX OF THE REAL PROPERTY TAX LAW FOR EACH DISTRICT. A
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD02038-01-9

 S. 1534                             2
 
 DISTRICT FULL REIMBURSEMENT AMOUNT SHALL EQUAL THE PRODUCT OF THE  TOTAL
 EXEMPTED  FULL  VALUE  MULTIPLIED BY THE DISTRICT HOMESTEAD PROPERTY TAX
 RATE PER THOUSAND FOR THE BASE YEAR.
   D.  A DISTRICT IS ELIGIBLE FOR SUCH A REIMBURSEMENT IF THE QUOTIENT OF
 THE TOTAL AID FOR ADJUSTMENT DIVIDED  BY  ONE  HUNDRED  PERCENT  OF  THE
 EXEMPTION  PROVIDED  FOR  BY  SECTION FOUR HUNDRED FORTY-SIX OF THE REAL
 PROPERTY TAX LAW IS GREATER  THAN  TWO-TENTHS  OF  ONE  PERCENT.  FOR  A
 DISTRICT  DESIGNATED  AS  HIGH NEED OR AVERAGE NEED PURSUANT TO SUBPARA-
 GRAPH TWO OF PARAGRAPH C OF SUBDIVISION SIX  OF  THIS  SECTION  FOR  THE
 SCHOOL  AID  COMPUTER LISTING PRODUCED BY THE COMMISSIONER IN SUPPORT OF
 THE ENACTED BUDGET FOR THE TWO THOUSAND SEVEN--TWO THOUSAND EIGHT SCHOOL
 YEAR AND ENTITLED "SA0708", OR IN THE CASE  OF  A  REORGANIZED  DISTRICT
 THAT  HAD  A  PREDECESSOR DISTRICT THAT WAS SO DESIGNATED, SUCH DISTRICT
 SHALL BE FULLY REIMBURSED. FOR OTHER DISTRICTS DESIGNATED  AS  LOW  NEED
 PURSUANT  TO  SUBPARAGRAPH TWO OF PARAGRAPH C OF SUBDIVISION SIX OF THIS
 SECTION FOR THE SCHOOL AID COMPUTER LISTING PRODUCED BY THE COMMISSIONER
 IN SUPPORT OF THE ENACTED BUDGET FOR THE TWO THOUSAND  SEVEN--TWO  THOU-
 SAND  EIGHT SCHOOL YEAR AND ENTITLED "SA0708", OR IN THE CASE OF A REOR-
 GANIZED DISTRICT THAT HAD A PREDECESSOR DISTRICT THAT WAS SO DESIGNATED,
 AND A COMBINED WEALTH RATIO OF LESS  THAN  ONE  AND  FIVE-TENTHS  (1.5),
 TWENTY-FIVE PERCENT.
   FOR THE PURPOSES OF SUCH COMPUTATION, "TOTAL AID FOR ADJUSTMENT" SHALL
 MEAN THE SUM OF THE AMOUNTS SET FORTH FOR EACH SCHOOL DISTRICT AS "FOUN-
 DATION  AID",  "UNIVERSAL  PRE-KINDERGARTEN",  "FULL  DAY K CONVERSION",
 "BOCES & SPECIAL SERVICES", "HIGH COST  EXCESS  COST",  "PRIVATE  EXCESS
 COST",  "HARDWARE  & TECHNOLOGY", "SOFTWARE, LIBRARY, TEXTBOOK", "TRANS-
 PORTATION INCL SUMMER", "OPERATING  REORG  INCENTIVE",  "CHARTER  SCHOOL
 TRANSITIONAL",  "ACADEMIC ENHANCEMENT", "HIGH TAX AID" AND "SUPPLEMENTAL
 PUB EXCESS COST" UNDER THE HEADING  "2017-18  BASE  YEAR  AIDS"  IN  THE
 SCHOOL  AID  COMPUTER LISTING PRODUCED BY THE COMMISSIONER IN SUPPORT OF
 THE ENACTED BUDGET FOR THE TWO THOUSAND EIGHTEEN--TWO THOUSAND  NINETEEN
 SCHOOL YEAR;
   E.  NO  PAYMENT  SHALL BE MADE PURSUANT TO THIS SUBDIVISION UNTIL SUCH
 AMOUNT FOR EACH SCHOOL DISTRICT IS  CERTIFIED  BY  THE  COMMISSIONER  OF
 TAXATION  AND  FINANCE AND TRANSMITTED TO THE COMMISSIONER. SUCH CERTIF-
 ICATION SHALL BE MADE ON OR BEFORE JUNE THIRTIETH SO  AS  TO  FACILITATE
 PAYMENTS TO BE MADE PURSUANT TO THIS SECTION.
   § 2. This act shall take effect immediately.