Bill Text: NY S03780 | 2013-2014 | General Assembly | Amended
Bill Title: Provides a $500,000 supplemental valuation impact grant to the West Valley central school district for the 2014 - 2015 school year.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-01-29 - PRINT NUMBER 3780A [S03780 Detail]
Download: New_York-2013-S03780-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 3780--A 2013-2014 Regular Sessions I N S E N A T E February 15, 2013 ___________ Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Education -- recommitted to the Committee on Education in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the education law, in relation to providing a supple- mental valuation impact grant to the West Valley central school district THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 3 of section 3641 of the education law, as 2 added by section 29-a of part B of chapter 57 of the laws of 2008, para- 3 graph a as amended by section 31 of part A of chapter 57 of the laws of 4 2009, is amended to read as follows: 5 3. Supplemental valuation impact grants. a. In addition to apportion- 6 ments otherwise provided by section thirty-six hundred two of this arti- 7 cle, for aid payable in the two thousand [eight] FOURTEEN--two thousand 8 [nine and two thousand nine--two thousand ten] FIFTEEN school [years] 9 YEAR, the [amounts] AMOUNT specified in [paragraphs] PARAGRAPH c [and d] 10 of this subdivision shall be paid for the purpose of providing addi- 11 tional funding for A school [districts] DISTRICT which [have experienced 12 a significant financial hardship caused by an extraordinary change in 13 the taxable property valuation or extraordinary judgments resulting from 14 tax certiorari proceedings] HAS MORE THAN EIGHTY-THREE PERCENT OF ITS 15 REAL PROPERTY CLASSIFIED AS TAX EXEMPT. 16 b. The purpose of this subdivision is to provide financial assistance 17 to A school [districts] DISTRICT which [have experienced a significant 18 reduction in the taxable full value of the school district or extraor- 19 dinary tax certiorari judgments] HAS MORE THAN EIGHTY-THREE PERCENT OF 20 ITS REAL PROPERTY CLASSIFIED AS TAX EXEMPT. The legislature finds that 21 A school [districts for which a judgment was made resulting from a tax EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06900-03-4 S. 3780--A 2 1 certiorari proceeding which is larger than the total budget of the 2 school district for school year two thousand seven--two thousand eight 3 or for school districts] DISTRICT which [have observed a reduction of 4 taxable real property of more than seventy-five percent between school 5 year two thousand five--two thousand six and school year two thousand 6 eight--two thousand nine] HAS MORE THAN EIGHTY-THREE PERCENT OF ITS REAL 7 PROPERTY CLASSIFIED AS TAX EXEMPT DURING SCHOOL YEAR TWO THOUSAND FOUR- 8 TEEN--TWO THOUSAND FIFTEEN may benefit from temporary additional assist- 9 ance. 10 c. To the [Barker central school district, there shall be paid one 11 million three hundred thousand dollars ($1,300,000). Such grant shall be 12 payable to the Barker central school district in accordance with the 13 payment schedules contained in section thirty-six hundred nine-a of this 14 article, notwithstanding any provision of law to the contrary. 15 d. To the Haverstraw-Stony Point central school district, there shall 16 be paid two million five hundred thousand dollars ($2,500,000). Such 17 grant shall be payable to the Haverstraw-Stony Point central school 18 district in accordance with the payment schedules contained in section 19 thirty-six hundred nine-a of this article, notwithstanding any provision 20 of law to the contrary] WEST VALLEY CENTRAL SCHOOL DISTRICT, THERE SHALL 21 BE PAID FIVE HUNDRED THOUSAND DOLLARS ($500,000). SUCH GRANT SHALL BE 22 PAYABLE TO THE WEST VALLEY CENTRAL SCHOOL DISTRICT IN ACCORDANCE WITH 23 THE PAYMENT SCHEDULES CONTAINED IN SECTION THIRTY-SIX HUNDRED NINE-A OF 24 THIS ARTICLE, NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY. 25 S 2. This act shall take effect immediately.