Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to energy and telecommunications |
Jun 20, 2019 |
recommitted to rules |
May 30, 2019 |
ordered to third reading cal.1007 committee discharged and committed to rules |
May 22, 2019 |
reported and committed to finance |
Mar 04, 2019 |
referred to energy and telecommunications |
Senate Bill S4172
2019-2020 Legislative Session
Sponsored By
(D, WF) 4th Senate District
Archive: Last Bill Status - In Senate Committee Energy And Telecommunications Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2019-S4172 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6457
- Current Committee:
- Senate Energy And Telecommunications
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §1020-q, Pub Auth L
2019-S4172 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4172 SPONSOR: MARTINEZ TITLE OF BILL: An act to amend the public authorities law, in relation to certain payments in lieu of taxes PURPOSE: To clarify provisions relating to the calculation of certain payments in lieu of taxes (PILOT) made by the Long Island Power Authority (LIPA). SUMMARY OF PROVISIONS: Section 1. Amends Subdivision 1 of Section 1020-q of the Public Authori- ties Law relating to PILOTs made by LIPA to municipalities and school districts. Section 2 provides for the effective date. JUSTIFICATION:
2019-S4172 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4172 2019-2020 Regular Sessions I N S E N A T E March 4, 2019 ___________ Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public authorities law, in relation to certain payments in lieu of taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 1020-q of the public authorities law, as amended by section 8 of part A of chapter 173 of the laws of 2013, is amended to read as follows: 1. Each year after property theretofore owned by LILCO is acquired by the authority by any means authorized by this title and, as a conse- quence, is removed from the tax rolls, the authority shall make payments in lieu of taxes to municipalities and school districts equal to the taxes and assessments which would have been received from year to year by each such jurisdiction if such acquisition had not occurred, provided, however, that for the calendar year starting on January first, two thousand fifteen, and for each calendar year thereafter, such payments in lieu of taxes shall not exceed the in lieu of tax payments made to such municipalities and school districts in the immediately preceding year by more than two percent. THE PAYMENTS IN LIEU OF TAXES SUBJECT TO THE TWO PERCENT LIMIT SET FORTH IN THIS SUBDIVISION SHALL BE CALCULATED BASED UPON THE REAL PROPERTY ACQUIRED BY THE AUTHORITY IN THE AGGREGATE IN EACH MUNICIPALITY OR SCHOOL DISTRICT AND NOT ON A PARCEL BY PARCEL BASIS. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10077-02-9
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