Bill Text: NY A10549 | 2019-2020 | General Assembly | Introduced
Bill Title: Provides that for the two thousand twenty--two thousand twenty-one school year, two thousand twenty-one--two thousand twenty-two school year, and two thousand twenty-two--two thousand twenty-three 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 8-0)
Status: (Introduced - Dead) 2020-05-28 - referred to real property taxation [A10549 Detail]
Download: New_York-2019-A10549-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 10549 IN ASSEMBLY May 29, 2020 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Paulin, Galef, Abinanti, Buchwald, Jaffee, Otis, Pretlow, Zebrowski) -- read once and referred to the Committee on Real Property Taxation 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 thousand twenty-one school year, 15 two thousand twenty-one--two thousand twenty-two school year, and two 16 thousand twenty-two--two thousand twenty-three school year, surplus 17 funds as used in this subdivision shall mean any operating funds in 18 excess of five percent of the current school year budget, and shall 19 not include funds properly retained under other sections of law. For 20 the two thousand eight--two thousand nine school year, and thereafter, 21 surplus funds as used in this subdivision shall mean any operating funds 22 in excess of four percent of the current school year budget, and shall 23 not include funds properly retained under other sections of law. Such 24 warrant shall have the same force and effect as a warrant issued by a 25 board of supervisors to a collecting officer in a town. The collecting 26 officer to whom it may be delivered for collection shall be thereby 27 authorized and required to collect from every person named on such 28 school tax roll the sum set opposite his name, or the amount due from EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD16515-01-0A. 10549 2 1 any person specified therein, in the same manner and with the same 2 powers that collecting officers in towns are authorized to collect taxes 3 levied by the board of supervisors. 4 § 2. This act shall take effect immediately.