Assembly Bill A6008

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6008
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 25, 2025
                                ___________
 
 Introduced  by M. of A. GRIFFIN -- read once and referred to the Commit-
   tee on Education
 
 AN ACT to amend the real property tax law, in relation to the amount  of
   surplus  funds which may be retained by a school district; and provid-
   ing for the repeal of such provisions upon expiration thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 1318 of the real property tax law,
 as  amended  by  chapter  238 of the laws of 2007, is amended to read as
 follows:
   1. The warrant of the collecting officer shall be signed by the  trus-
 tee,  or  the trustees, or a majority of them, or the board of education
 or a majority thereof. Such warrant shall state the amount of unexpended
 surplus funds in the custody of the board and shall further  state  that
 except  as  authorized or required by law, such unexpended surplus funds
 have been applied in determining the amount of the school tax levy.  For
 the two thousand seven--two thousand eight school year, surplus funds as
 used  in  this  subdivision  shall mean any operating funds in excess of
 three percent of the current school year budget, and shall  not  include
 funds  properly  retained under other sections of law. For the two thou-
 sand eight--two thousand nine school year, and thereafter, surplus funds
 as used in this subdivision shall mean any operating funds in excess  of
 four  percent  of  the current school year budget, and shall not include
 funds properly retained under other sections of law. FOR THE  TWO  THOU-
 SAND  TWENTY-FOUR--TWO  THOUSAND TWENTY-FIVE SCHOOL YEAR THROUGH THE TWO
 THOUSAND TWENTY-EIGHT--TWO THOUSAND  TWENTY-NINE  SCHOOL  YEAR,  SURPLUS
 FUNDS  AS  USED  IN  THIS  SUBDIVISION SHALL MEAN ANY OPERATING FUNDS IN
 EXCESS OF EIGHT PERCENT OF THE CURRENT SCHOOL YEAR BUDGET, AND SHALL NOT
 INCLUDE FUNDS PROPERLY  RETAINED  UNDER  OTHER  SECTIONS  OF  LAW.  Such
 warrant  shall  have  the same force and effect as a warrant issued by a
 board of supervisors to a collecting officer in a town.  The  collecting
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07979-01-5
              

 A. 6008                             2
 
 officer  to  whom  it  may  be delivered for collection shall be thereby
 authorized and required to collect  from  every  person  named  on  such
 school  tax  roll  the sum set opposite [his] EACH PERSON'S name, or the
 amount  due  from  any  person specified therein, in the same manner and
 with the same powers that collecting officers in towns are authorized to
 collect taxes levied by the board of supervisors.
   § 2. This act shall take effect immediately and shall  expire  and  be
 deemed repealed July 1, 2029.