Bill Text: NY A03498 | 2021-2022 | General Assembly | Amended

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Bill Title: Provides that for the two thousand twenty-two--two thousand twenty-three school year, the two thousand twenty-three--two thousand twenty-four school year, and the two thousand twenty-four--two thousand twenty-five school year, surplus funds as used in this subdivision shall mean any operating funds in excess of five percent of the current school year budget, and shall not include funds properly retained under other sections of law.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2022-05-10 - reported referred to ways and means [A03498 Detail]

Download: New_York-2021-A03498-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                         3498--A

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                    January 27, 2021
                                       ___________

        Introduced by M. of A. PAULIN, GALEF, ABINANTI, OTIS, PRETLOW, ZEBROWSKI
          --  read  once and referred to the Committee on Real Property Taxation
          -- committee discharged, bill amended, ordered  reprinted  as  amended
          and recommitted to said committee

        AN ACT to amend the real property tax law, in relation to surplus funds

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 1 of section 1318 of the real property tax law,
     2  as amended by chapter 238 of the laws of 2007, is  amended  to  read  as
     3  follows:
     4    1.  The warrant of the collecting officer shall be signed by the trus-
     5  tee, or the trustees, or a majority of them, or the board  of  education
     6  or a majority thereof. Such warrant shall state the amount of unexpended
     7  surplus  funds  in the custody of the board and shall further state that
     8  except as authorized or required by law, such unexpended  surplus  funds
     9  have  been applied in determining the amount of the school tax levy. For
    10  the two thousand seven--two thousand eight school year, surplus funds as
    11  used in this subdivision shall mean any operating  funds  in  excess  of
    12  three  percent  of the current school year budget, and shall not include
    13  funds properly retained under other sections of law;  provided  however,
    14  that  for  the two thousand twenty-two--two thousand twenty-three school
    15  year, the two thousand  twenty-three--two  thousand  twenty-four  school
    16  year,  and the two thousand twenty-four--two thousand twenty-five school
    17  year, surplus  funds  as used  in   this   subdivision   shall mean  any
    18  operating  funds  in  excess  of five percent of the current school year
    19  budget, and  shall  not  include funds   properly retained  under  other
    20  sections  of  law.  For the two thousand eight--two thousand nine school
    21  year, and thereafter, surplus funds as used in  this  subdivision  shall
    22  mean any operating funds in excess of four percent of the current school
    23  year  budget,  and shall not include funds properly retained under other
    24  sections of law. Such warrant shall have the same force and effect as  a

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05875-02-1
        A. 3498--A                          2

     1  warrant  issued  by  a board of supervisors to a collecting officer in a
     2  town. The collecting officer to whom it may be delivered for  collection
     3  shall  be  thereby  authorized and required to collect from every person
     4  named  on  such  school  tax  roll the sum set opposite his name, or the
     5  amount due from any person specified therein, in  the  same  manner  and
     6  with the same powers that collecting officers in towns are authorized to
     7  collect taxes levied by the board of supervisors.
     8    § 2. This act shall take effect immediately.