Bill Text: NY A01841 | 2017-2018 | General Assembly | Amended
Bill Title: Relates to payments in lieu of taxes; improves how payments in lieu of taxes are collected.
Spectrum: Slight Partisan Bill (Democrat 16-8)
Status: (Vetoed) 2017-12-18 - tabled [A01841 Detail]
Download: New_York-2017-A01841-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 1841--A 2017-2018 Regular Sessions IN ASSEMBLY January 13, 2017 ___________ Introduced by M. of A. MORELLE, SCHIMMINGER, BARRETT, BRINDISI, MAGEE, LIFTON, BRONSON, GALEF, OAKS, WOERNER, LUPARDO, GOODELL, SEPULVEDA -- Multi-Sponsored by -- M. of A. BUTLER, FINCH, McDONALD, MONTESANO, PALMESANO, SKARTADOS -- read once and referred to the Committee on Local Governments -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the general municipal law and the education law, in relation to payments in lieu of taxes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (i) of paragraph (b) of subdivision 3 of 2 section 3-c of the general municipal law, as amended by section 2 of 3 subpart C of part C of chapter 20 of the laws of 2015, is amended to 4 read as follows: 5 (i) The commissioner of taxation and finance shall calculate a quanti- 6 ty change factor for each local government for the coming fiscal year 7 based upon the physical or quantity change, as defined by section twelve 8 hundred twenty of the real property tax law, reported to the commission- 9 er of taxation and finance by the assessor or assessors pursuant to 10 section five hundred seventy-five of the real property tax law. The 11 quantity change factor shall show the percentage by which the full value 12 of the taxable real property in the local government has changed due to 13 physical or quantity change between the second final assessment roll or 14 rolls preceding the final assessment roll or rolls upon which taxes are 15 to be levied, and the final assessment roll or rolls immediately preced- 16 ing the final assessment roll or rolls upon which taxes are to be 17 levied[. The commissioner of taxation and finance shall, as appropriate,18promulgate rules and regulations regarding the calculation of the quan-19tity change factor which may adjust the calculation based on the devel-20opment on tax exempt land], and shall include the change in assessed EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00937-04-7A. 1841--A 2 1 value for each property on the exempt side of the tax rolls under a 2 payment in lieu of tax agreement. 3 § 2. Paragraph b of subdivision 2-a of section 2023-a of the education 4 law, as amended by section 3 of subpart C of part C of chapter 20 of the 5 laws of 2015, is amended to read as follows: 6 b. The commissioner of taxation and finance shall calculate a quantity 7 change factor for the coming school year for each school district based 8 upon the physical or quantity change, as defined by section twelve 9 hundred twenty of the real property tax law, reported to the commission- 10 er of taxation and finance by the assessor or assessors pursuant to 11 section five hundred seventy-five of the real property tax law. The 12 quantity change factor shall show the percentage by which the full value 13 of the taxable real property in the school district has changed due to 14 physical or quantity change between the second final assessment roll or 15 rolls preceding the final assessment roll or rolls upon which taxes are 16 to be levied, and the final assessment roll or rolls immediately preced- 17 ing the final assessment roll or rolls upon which taxes are to be 18 levied[. The commissioner of taxation and finance shall, as appropriate,19promulgate rules and regulations regarding the calculation of the quan-20tity change factor which may adjust the calculation based on the devel-21opment on tax exempt land], and shall include the change in assessed 22 value for each property on the exempt side of the tax rolls under a 23 payment in lieu of tax agreement. 24 § 3. This act shall take effect on the one hundred twentieth day after 25 it shall have become a law, provided, however, that the amendments to 26 section 3-c of the general municipal law and section 2023-a of the 27 education law made by sections one and two of this act, respectively, 28 shall not affect the repeal of such sections and shall be deemed 29 repealed therewith. Effective immediately, the addition, amendment 30 and/or repeal of any rules or regulations necessary for the implementa- 31 tion of this act on its effective date are authorized to be made on or 32 before such effective date.