Bill Text: NY A00497 | 2015-2016 | General Assembly | Introduced

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Bill Title: Relates to aid and incentives for municipalities with populations of greater than two hundred thousand.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-01-06 - referred to ways and means [A00497 Detail]

Download: New_York-2015-A00497-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          497
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 7, 2015
                                      ___________
       Introduced  by M. of A. GANTT -- read once and referred to the Committee
         on Ways and Means
       AN ACT to amend the state finance law, in relation to aid and incentives
         for municipalities with populations of greater than two hundred  thou-
         sand
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subparagraph (vi) of  paragraph  e  of  subdivision  10  of
    2  section  54 of the state finance law, as amended by section 2 of part GG
    3  of chapter 56 of the laws of 2009, is relettered subparagraph (vii)  and
    4  amended and a new subparagraph (vi) is added to read as follows:
    5    (VI)  COMMENCING WITH THE STATE FISCAL YEAR COMMENCING ON APRIL FIRST,
    6  TWO THOUSAND FIFTEEN AND THEREAFTER, ALL  MUNICIPALITIES  WITH  A  POPU-
    7  LATION  OF  GREATER  THAN  TWO  HUNDRED THOUSAND SHALL RECEIVE EQUAL PER
    8  CAPITA AID PROVIDED PURSUANT TO THIS SUBDIVISION.  PER CAPITA AID  SHALL
    9  BE  INCREASED  FOR  ALL MUNICIPALITIES WITH A POPULATION OF GREATER THAN
   10  TWO HUNDRED THOUSAND TO THE HIGHEST PER CAPITA AID  CALCULATED  PURSUANT
   11  TO  THIS  SUBDIVISION  FOR A MUNICIPALITY WITH A POPULATION GREATER THAN
   12  TWO HUNDRED THOUSAND.
   13    (vii) If sufficient funds are not available for additional aid in  the
   14  amount authorized pursuant to subparagraphs (ii), (iii), (iv) [and], (v)
   15  AND  (VI) of this paragraph, additional aid shall be apportioned to each
   16  municipality eligible for such aid based on the municipality's pro  rata
   17  share of available funds.
   18    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD02834-01-5