Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 02, 2021 |
signed chap.380 |
Jul 21, 2021 |
delivered to governor |
Jun 10, 2021 |
returned to senate passed assembly ordered to third reading rules cal.732 substituted for a7781a referred to ways and means delivered to assembly passed senate |
Jun 07, 2021 |
amended on third reading (t) 6758a |
Jun 03, 2021 |
ordered to third reading cal.1503 committee discharged and committed to rules |
May 14, 2021 |
referred to local government |
Senate Bill S6758
Signed By Governor2021-2022 Legislative Session
Sponsored By
(R, C) 53rd Senate District
Archive: Last Bill Status - Signed by Governor
- 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
Bill Amendments
2021-S6758 - Details
- Law Section:
- Real Property Taxation
2021-S6758 - Summary
Establishes an energy system tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy resulting from decreases in revenue due to changes in or termination of the payments in lieu of taxes receivable by the school district.
2021-S6758 - Sponsor Memo
BILL NUMBER: S6758 SPONSOR: GRIFFO TITLE OF BILL: An act to establish an energy system tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy PURPOSE OR GENERAL IDEA OF BILL: To allow the Copenhagen Central School District to establish a real property tax stabilization fund out of part of the proceeds of a payment in lieu of taxes (PILOT) agreement from various wind farms. Upon termi- nation or decrease of the PILOT payments, transfers from the fund would ease a transition in the tax levy so that taxpayers do not have to bear a sudden spike in real property taxes. SUMMARY OF SPECIFIC PROVISIONS: Section one: The legislative findings section recognizes that the school
2021-S6758 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6758 2021-2022 Regular Sessions I N S E N A T E May 14, 2021 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to establish an energy system tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the private development and ownership of wind energy systems located within the Copenhagen Central School District may result in instability in the real property tax base and the budgets of the district due to the uncer- tainty with the assessments of such wind energy systems and the vari- ability of payments in lieu of taxes prior to and after the payments in lieu of taxes terminate. § 2. Definitions. As used in this act: (a) "Board of education" or "board" means the board of education of the Copenhagen Central School District. (b) "Energy system tax stabilization reserve fund" or "fund" means the energy system tax stabilization fund established pursuant to this act. (c) "Payments in lieu of taxes" or "payments" means payments in lieu of taxes receivable by the school district pursuant to contracts entered into in accordance with section 487 of the real property tax law or subdivision 15 of section 858 of the general municipal law on any wind farm energy system located wholly or partially within the Copenhagen Central School District. (d) "School district" or "district" means the Copenhagen Central School District. (e) "Wind energy systems" shall be defined as in section 487 of the real property tax law and shall include the land upon which the system is located, any equipment used in such generation, and equipment leading from the system to the interconnection with the transmission system. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2021-S6758A (ACTIVE) - Details
- Law Section:
- Real Property Taxation
2021-S6758A (ACTIVE) - Summary
Establishes an energy system tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy resulting from decreases in revenue due to changes in or termination of the payments in lieu of taxes receivable by the school district.
2021-S6758A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6758A SPONSOR: GRIFFO TITLE OF BILL: An act to establish a wind energy systems tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy PURPOSE OR GENERAL IDEA OF BILL: To allow the Copenhagen Central School District to establish a real property tax stabilization fund out of part of the proceeds of a payment in lieu of taxes (PILOT) agreement from various wind farms. Upon termi- nation or decrease of the PILOT payments, transfers from the fund would ease a transition in the tax levy so that taxpayers do not have to bear a sudden spike in real property taxes. SUMMARY OF PROVISIONS: Section one: The legislative findings section recognizes that the school
2021-S6758A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6758--A Cal. No. 1503 2021-2022 Regular Sessions I N S E N A T E May 14, 2021 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged and said bill committed to the Committee on Rules -- ordered to a third reading, amended and ordered reprinted, retain- ing its place in the order of third reading AN ACT to establish a wind energy systems tax stabilization reserve fund in the Copenhagen Central School District to lessen or prevent increases in the school district's real property tax levy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the private development and ownership of a wind energy systems project or projects located within the Copenhagen Central School District may result in instability in the real property tax base and the budgets of the district due to the uncertainty with the assessments of such wind energy systems project or projects and the variability of payments in lieu of taxes prior to and at termination of such payments. § 2. Definitions. As used in this act: (a) "Board of education" or "board" means the board of education of the Copenhagen Central School District. (b) "Wind energy systems tax stabilization reserve fund" or "fund" means the wind energy systems tax stabilization fund established pursu- ant to this act. (c) "Payments in lieu of taxes" or "payments" means payments in lieu of taxes receivable by the school district pursuant to contracts entered into in accordance with section 487 of the real property tax law or subdivision 15 of section 858 of the general municipal law on any wind farm energy system located wholly or partially within the Copenhagen Central School District. (d) "School district" or "district" means the Copenhagen Central School District. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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