assembly Bill A5695A

2015-2016 Legislative Session

Changes the state fiscal year from April first to June first, changes time frames for school district elections and notice of elections and submission of a property tax report card

download bill text pdf

Sponsored By

Archive: Last Bill Status -


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
You must fill out the form below in order to support or oppose this bill. X

Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Apr 25, 2016 print number 5695a
amend and recommit to ways and means
Jan 06, 2016 referred to ways and means
Mar 03, 2015 referred to ways and means

A5695 - Details

See Senate Version of this Bill:
S2663A
Law Section:
State Finance Law
Laws Affected:
Amd §§3 & 23, St Fin L; amd §§2022, 2601-a, 2003, 2004, 1608, 2515, 2006 & 2007, Ed L
Versions Introduced in Previous Legislative Sessions:
2013-2014: A2748, S3418
2011-2012: A5918, S418
2009-2010: A662C, S5221C

A5695 - Summary

Changes the state fiscal year from April first to June first with such fiscal year ending the next following thirty-first day of May; changes time frames for school district elections and notice of elections and submission of a property tax report card.

A5695 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5695

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 3, 2015
                               ___________

Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
  tee on Ways and Means

AN ACT to amend the state finance law, in relation to changing the state
  fiscal year from the first of April to the first of June and requiring
  revisions  of  the  consensus  forecast  of  the economy, estimates of
  receipts for the current and the ensuing state  fiscal  year  and  the
  joint  report  of  the director of the budget and the secretary of the
  senate finance committee and the secretary of the  assembly  ways  and
  means  committee, and directing the state comptroller to provide esti-
  mates for receipts for the  current and ensuing state fiscal year; and
  to amend the education law, in relation to the timing  and  notice  of
  annual  elections in school districts and the submission of a property
  tax report card and the calculation of the  fiscal  year  for  certain
  school districts

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 3 of the state finance law, as added by  chapter  1
of the laws of 1943 and as separately renumbered by chapters 405 and 957
of the laws of 1981, is amended to read as follows:
  S  3.  Fiscal  year.  1.  The  current  fiscal year of the state which
commenced with the first  day  of  [July,  nineteen  hundred  forty-two]
APRIL, TWO THOUSAND SIXTEEN, is hereby [abridged] EXTENDED and shall end
with  the thirty-first day of [March, nineteen hundred forty-three] MAY,
TWO THOUSAND SEVENTEEN.  For all purposes of determining  annual  incre-
ments  of  state  employees  pursuant  to  the  education law, the civil
service law or other state law, and for all  purposes  whenever  by  law
some act is to be performed or time is to be measured by the fiscal year
of  the state, the current fiscal year, as so [abridged] EXTENDED, shall
be deemed to be a full  year  unless  the  context  clearly  requires  a
contrary construction.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05633-01-5

A5695A - Details

See Senate Version of this Bill:
S2663A
Law Section:
State Finance Law
Laws Affected:
Amd §§3 & 23, St Fin L; amd §§2022, 2601-a, 2003, 2004, 1608, 2515, 2006 & 2007, Ed L
Versions Introduced in Previous Legislative Sessions:
2013-2014: A2748, S3418
2011-2012: A5918, S418
2009-2010: A662C, S5221C

A5695A - Summary

Changes the state fiscal year from April first to June first with such fiscal year ending the next following thirty-first day of May; changes time frames for school district elections and notice of elections and submission of a property tax report card.

A5695A - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5695--A

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 3, 2015
                               ___________

Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
  tee  on  Ways  and  Means  -- recommitted to the Committee on Ways and
  Means in  accordance  with  Assembly  Rule  3,  sec.  2  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN ACT to amend the state finance law, in relation to changing the state
  fiscal year from the first of April to the first of June and requiring
  revisions  of  the  consensus  forecast  of  the economy, estimates of
  receipts for the current and the ensuing state  fiscal  year  and  the
  joint  report  of  the director of the budget and the secretary of the
  senate finance committee and the secretary of the  assembly  ways  and
  means  committee, and directing the state comptroller to provide esti-
  mates for receipts for the  current and ensuing state fiscal year; and
  to amend the education law, in relation to the timing  and  notice  of
  annual  elections in school districts and the submission of a property
  tax report card and the calculation of the  fiscal  year  for  certain
  school districts

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 3 of the state finance law, as added by  chapter  1
of the laws of 1943 and as separately renumbered by chapters 405 and 957
of the laws of 1981, is amended to read as follows:
  S  3.  Fiscal  year.  1.  The  current  fiscal year of the state which
commenced with the first  day  of  [July,  nineteen  hundred  forty-two]
APRIL,  TWO  THOUSAND SEVENTEEN, is hereby [abridged] EXTENDED and shall
end with the thirty-first day of [March, nineteen  hundred  forty-three]
MAY,  TWO  THOUSAND  EIGHTEEN.    For all purposes of determining annual
increments of state employees pursuant to the education law,  the  civil
service  law  or  other  state law, and for all purposes whenever by law
some act is to be performed or time is to be measured by the fiscal year
of the state, the current fiscal year, as so [abridged] EXTENDED,  shall

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05633-03-6

assembly Bill A5688A

2015-2016 Legislative Session

Enacts the unified economic development budget act

download bill text pdf

Sponsored By

Archive: Last Bill Status -


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
You must fill out the form below in order to support or oppose this bill. X

Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Apr 25, 2016 print number 5688a
amend and recommit to ways and means
Jan 06, 2016 referred to ways and means
Mar 03, 2015 referred to ways and means

A5688 - Details

See Senate Version of this Bill:
S2669A
Law Section:
Business Corporation Law
Laws Affected:
Add Art 14 §§1401 - 1404, BC L
Versions Introduced in Previous Legislative Sessions:
2015-2016: S2669A
2013-2014: A6542, A6542A, S3446A
2011-2012: S2854A

A5688 - Summary

Enacts the unified economic development budget act.

A5688 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5688

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 3, 2015
                               ___________

Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
  tee on Ways and Means

AN  ACT  to  amend the business corporation law, in relation to enacting
  the unified economic development budget act

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Short  title. This act shall be known and may be cited as
the "unified economic development budget act."
  S 2. The business corporation law is amended by adding a  new  article
14 to read as follows:
                               ARTICLE 14
                   UNIFIED ECONOMIC DEVELOPMENT BUDGET
SECTION 1401. DEFINITIONS.
        1402. UNIFIED ECONOMIC DEVELOPMENT BUDGET.
        1403. STANDARDIZED  APPLICATIONS  FOR  STATE DEVELOPMENT ASSIST-
                ANCE.
        1404. STATE DEVELOPMENT ASSISTANCE DISCLOSURE.
S 1401. DEFINITIONS.
  AS USED IN THIS ARTICLE:
  (A) "ANNUAL TAX EXPENDITURE REPORT"  IS  AS  DEFINED  BY  SECTION  ONE
HUNDRED EIGHTY-ONE OF THE EXECUTIVE LAW.
  (B) "BASE YEARS" MEANS THE FIRST TWO COMPLETE CALENDAR YEARS FOLLOWING
THE EFFECTIVE DATE OF A RECIPIENT RECEIVING DEVELOPMENT ASSISTANCE.
  (C) "DATE OF ASSISTANCE" MEANS THE COMMENCEMENT DATE OF THE ASSISTANCE
AGREEMENT,  WHICH DATE TRIGGERS THE PERIOD DURING WHICH THE RECIPIENT IS
OBLIGATED TO CREATE OR  RETAIN  JOBS  AND  CONTINUE  OPERATIONS  AT  THE
SPECIFIC PROJECT SITE.
  (D)  "DEVELOPMENT  ASSISTANCE" MEANS: (1) TAX EXPENDITURES GIVEN AS AN
INCENTIVE TO  RECIPIENT  BUSINESSES,  NOT-FOR-PROFIT  ORGANIZATIONS  AND
GOVERNMENT ENTITIES FOR ECONOMIC DEVELOPMENT PURPOSES;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03358-01-5

A5688A - Details

See Senate Version of this Bill:
S2669A
Law Section:
Business Corporation Law
Laws Affected:
Add Art 14 §§1401 - 1404, BC L
Versions Introduced in Previous Legislative Sessions:
2015-2016: S2669A
2013-2014: A6542, A6542A, S3446A
2011-2012: S2854A

A5688A - Summary

Enacts the unified economic development budget act.

A5688A - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5688--A

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              March 3, 2015
                               ___________

Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
  tee  on  Ways  and  Means  -- recommitted to the Committee on Ways and
  Means in  accordance  with  Assembly  Rule  3,  sec.  2  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN  ACT  to  amend the business corporation law, in relation to enacting
  the unified economic development budget act

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Short  title. This act shall be known and may be cited as
the "unified economic development budget act".
  S 2. The business corporation law is amended by adding a  new  article
14 to read as follows:
                               ARTICLE 14
                   UNIFIED ECONOMIC DEVELOPMENT BUDGET
SECTION 1401. DEFINITIONS.
        1402. UNIFIED ECONOMIC DEVELOPMENT BUDGET.
        1403. STANDARDIZED  APPLICATIONS  FOR  STATE DEVELOPMENT ASSIST-
                ANCE.
        1404. STATE DEVELOPMENT ASSISTANCE DISCLOSURE.
S 1401. DEFINITIONS.
  AS USED IN THIS ARTICLE:
  (A) "ANNUAL TAX EXPENDITURE REPORT"  IS  AS  DEFINED  BY  SECTION  ONE
HUNDRED EIGHTY-ONE OF THE EXECUTIVE LAW.
  (B) "BASE YEARS" MEANS THE FIRST TWO COMPLETE CALENDAR YEARS FOLLOWING
THE EFFECTIVE DATE OF A RECIPIENT RECEIVING DEVELOPMENT ASSISTANCE.
  (C) "DATE OF ASSISTANCE" MEANS THE COMMENCEMENT DATE OF THE ASSISTANCE
AGREEMENT,  WHICH DATE TRIGGERS THE PERIOD DURING WHICH THE RECIPIENT IS
OBLIGATED TO CREATE OR  RETAIN  JOBS  AND  CONTINUE  OPERATIONS  AT  THE
SPECIFIC PROJECT SITE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03358-03-6