Bill Text: NY S03436 | 2021-2022 | General Assembly | Introduced
Bill Title: Authorizes payment of additional state aid for certain state-leased or state-owned lands.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-05 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S03436 Detail]
Download: New_York-2021-S03436-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3436 2021-2022 Regular Sessions IN SENATE January 29, 2021 ___________ Introduced by Sen. BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the public lands law, in relation to certain state- leased or state-owned lands The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 19-a of the public lands law is amended by adding a 2 new subdivision 2-b to read as follows: 3 2-b. (1) Notwithstanding any provision of this section to the contra- 4 ry, in addition to state aid otherwise payable pursuant to this section, 5 there shall be payable to any city located in a county in which there 6 has been constructed a state office building project known as the W. 7 Averell Harriman State Office Building Campus (more specifically identi- 8 fied on the assessment roll of such city as section, lot and block 9 numbers 53.00-1-2 and 53.00-1-9, respectively), state aid payable annu- 10 ally, in an amount equal to 1.75 percent of such aggregate assessed 11 values of such state office building project as it appeared on the two 12 thousand nine final assessment roll of such city. 13 (2) Such payments shall be for city purposes only, and shall begin on 14 June first, two thousand twenty-one and shall be payable for a period of 15 ten years. For greater certainty, such city's assessments for the prop- 16 erties described in paragraph one of this subdivision are to remain at 17 such two thousand nine total assessed values, i.e. six hundred sixty- 18 three million nine hundred fifty thousand nine hundred dollars and ten 19 million four hundred nineteen thousand six hundred dollars, respective- 20 ly, throughout such ten year period, provided, however, if any portion 21 of the property is sold by the state of New York during this period, 22 then the sale price of such sale shall be deducted from its appropriate 23 above referenced total assessed value on the next succeeding assessment 24 roll, and such reduced total assessed value shall become the new basis 25 for determining the annual payment for that and each succeeding year 26 thereafter. 27 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04251-01-1
