|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2020||referred to local government|
|May 16, 2019||referred to local government|
senate Bill S5990
Archive: Last Bill Status - In Senate Committee Local Government Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5990 (ACTIVE) - Details
S5990 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5990 SPONSOR: KAPLAN TITLE OF BILL: An act to amend the general municipal law, in relation to excluding water district capital expenditures from the tax cap TITLE OF BILL: An act to amend the general municipal law, in relation to excluding water district capital expenditures from the tax cap PURPOSE OR GENERAL IDEA OF BILL: This bill allows local governments that own and operate water systems to exclude capital expenditures from the tax cap calculation. SUMMARY OF PROVISIONS: Section 1: Amends 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.
S5990 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5990 2019-2020 Regular Sessions I N S E N A T E May 16, 2019 ___________ Introduced by Sen. KAPLAN -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law, in relation to excluding water district capital expenditures from the tax cap 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 TO FUND WATER DISTRICT CAPITAL EXPENDITURES. § 2. This act shall take effect immediately; provided that the amend- ments 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. LBD10071-02-9
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