Bill Text: NY S07433 | 2011-2012 | General Assembly | Amended
Bill Title: Relates to limitations on school district tax levies.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-06-18 - AMEND BY RESTORING TO ORIGINAL PRINT 7433 [S07433 Detail]
Download: New_York-2011-S07433-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7433--A
I N S E N A T E
May 16, 2012
___________
Introduced by Sen. MARTINS -- read twice and ordered printed, and when
printed to be committed to the Committee on Education -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the education law, in relation to limitations upon
school district tax levies
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 2023-a of the education law is amended by adding a
2 new subdivision 3-a to read as follows:
3 3-A. TAX REFUNDS. WHENEVER THE OBLIGATION TO PAY PROPERTY TAX REFUNDS
4 FROM CERTIORARI PROCEEDINGS IS TRANSFERRED FROM A LOCAL GOVERNMENT TO A
5 SCHOOL DISTRICT LOCATED WITHIN A SPECIAL ASSESSING UNIT AS DEFINED UNDER
6 ARTICLE EIGHTEEN OF THE REAL PROPERTY TAX LAW, THE STATE COMPTROLLER
7 SHALL DETERMINE THE COSTS AND SAVINGS ON THE AFFECTED SCHOOL DISTRICT
8 APPLICABLE TO SUCH TRANSFER, AND NOTIFY SUCH SCHOOL DISTRICT OF SUCH
9 DETERMINATION AND SUCH SCHOOL DISTRICT SHALL ADJUST ITS TAX LEVY LIMITS
10 ACCORDINGLY.
11 S 2. This act shall take effect on the thirtieth day after it shall
12 have become a law; provided that the amendment to section 2023-a of the
13 education law made by section one of this act shall not affect the
14 repeal of such section and shall be deemed repealed therewith.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15864-02-2
