Bill Text: NY A05725 | 2011-2012 | General Assembly | Amended
Bill Title: Provides an alternative method for equalization in the Eastport-South Manor central school district in order to provide tax stability.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-03-05 - print number 5725b [A05725 Detail]
Download: New_York-2011-A05725-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5725--A 2011-2012 Regular Sessions I N A S S E M B L Y February 25, 2011 ___________ Introduced by M. of A. THIELE -- 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 in relation to providing an alternative method for equalization in the Eastport-South Manor central school district in order to provide tax stability; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Notwithstanding the provisions of section 1314 of the real 2 property tax law or any other law to the contrary, in the Eastport-South 3 Manor central school district, school taxes shall be apportioned among 4 the towns by taking the average of the apportionment of school taxes for 5 each town for the previous five years as calculated pursuant to section 6 1314 of the real property tax law, including the year for which the 7 taxes are to be levied. 8 S 2. This act shall take effect immediately and shall apply to the 9 apportionment of school taxes for years occurring after the effective 10 date, provided that this act shall remain in full force and effect until 11 December 31, 2015, when upon such date this act shall expire and be 12 deemed repealed. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09474-03-1