New York Senate Bill 770

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 6 2023 - 25% progression
Action: 2024-01-03 - REFERRED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Establishes the New York state aid and incentives for municipalities redesign task force for municipalities formula and allocations; an analysis of available alternatives to the current aid and incentives for municipalities formula and allocations, including models from other states; provides that such analysis of available alternatives shall not include the allocation of funds to any municipality which is not currently receiving aid and incentives for municipalities funding; and recommendations concerning such alternatives to the formula used to determine future aid and incentives to municipalities funding allocations.

Establishes the New York state aid and incentives for municipalities redesign task force for municipalities formula and allocations; an analysis of available alternatives to the current aid and incentives for municipalities formula and allocations, including models from other states; provides that such analysis of available alternatives shall not include the allocation of funds to any municipality which is not currently receiving aid and incentives for municipalities funding; and recommendations concerning such alternatives to the formula used to determine future aid and incentives to municipalities funding allocations.

Sen. Jeremy Cooney [D]

Sen. John Mannion [D]

Sen. Luis Sepulveda [D]

Sen. Lea Webb [D]

Date	Chamber	Action
2024-01-03	Senate	REFERRED TO FINANCE
2023-01-06	Senate	REFERRED TO FINANCE

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2023/S770
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S00770&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S00770