Bill Text: NY S01935 | 2021-2022 | General Assembly | Introduced


Bill Title: Relates to school district unexpended surplus funds; provides that for the 2021-2022 school year and thereafter, surplus funds shall mean any operating funds in excess of six percent of the current school year budget, and shall not include funds properly retained under other sections of law.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2021-01-16 - REFERRED TO LOCAL GOVERNMENT [S01935 Detail]

Download: New_York-2021-S01935-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          1935

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 16, 2021
                                       ___________

        Introduced  by  Sen.  AKSHAR -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend the  real  property  tax  law,  in  relation  to  school
          district unexpended 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. For the  two  thou-
    14  sand  eight--two thousand nine school year[, and thereafter] through the
    15  two thousand twenty-one--two thousand twenty-two  school  year,  surplus
    16  funds  as  used  in  this  subdivision shall mean any operating funds in
    17  excess of four percent of the current school year budget, and shall  not
    18  include funds properly retained under other sections of law. For the two
    19  thousand  twenty-one--two thousand twenty-two school year, and thereaft-
    20  er, surplus funds as used in this subdivision shall mean  any  operating
    21  funds  in  excess  of six percent of the current school year budget, and
    22  shall not include funds properly retained under other sections  of  law.
    23  Such warrant shall have the same force and effect as a warrant issued by
    24  a board of supervisors to a collecting officer in a town. The collecting
    25  officer  to  whom  it  may  be delivered for collection shall be thereby

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04076-01-1

        S. 1935                             2

     1  authorized and required to collect  from  every  person  named  on  such
     2  school  tax  roll  the sum set opposite his name, or the amount due from
     3  any person specified therein, in the  same  manner  and  with  the  same
     4  powers that collecting officers in towns are authorized to collect taxes
     5  levied by the board of supervisors.
     6    § 2. This act shall take effect July 1, 2021.
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