Bill Text: NY S07731 | 2011-2012 | General Assembly | Introduced


Bill Title: Provides that municipalities made coterminous may qualify for the citizen empowerment tax credit and the local government citizens re-organization empowerment grant program.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2012-08-17 - APPROVAL MEMO.10 [S07731 Detail]

Download: New_York-2011-S07731-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7731
                                   I N  S E N A T E
                                     June 15, 2012
                                      ___________
       Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
         printed to be committed to the Committee on Rules
       AN ACT to amend the state finance law, in  relation  to  providing  that
         municipalities  made  coterminous may qualify for the citizen empower-
         ment tax credit and  the  local  government  citizens  re-organization
         empowerment grant program
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subparagraph (ii) of  paragraph  p  of  subdivision  10  of
    2  section  54  of the state finance law, as amended by section 2 of part K
    3  of chapter 57 of the laws of 2011, is amended to read as follows:
    4    (ii) Within the annual amounts appropriated therefor, surviving  muni-
    5  cipalities  following  a  consolidation  or  dissolution occurring on or
    6  after the state fiscal year commencing April first, two  thousand  seven
    7  shall  be  awarded  additional  annual aid, starting in the state fiscal
    8  year following the state fiscal year  in  which  such  consolidation  or
    9  dissolution took effect, equal to fifteen percent of the combined amount
   10  of real property taxes levied by all of the municipalities participating
   11  in  the  consolidation  or dissolution in the local fiscal year prior to
   12  the local fiscal year in which such consolidation  or  dissolution  took
   13  effect.  In  instances  of  the dissolution of a village located in more
   14  than one town, such additional  aid  shall  equal  the  sum  of  fifteen
   15  percent of the real property taxes levied by such village in the village
   16  fiscal  year  prior to the village fiscal year in which such dissolution
   17  took effect plus fifteen percent of the average amount of real  property
   18  taxes  levied  by the towns in which the village was located in the town
   19  fiscal year prior to the town fiscal year in which such dissolution took
   20  effect, and shall be divided among such towns based on the percentage of
   21  such village's population that resided in each such town as of the  most
   22  recent  federal  decennial  census.  In no case shall the additional aid
   23  pursuant to this paragraph exceed one million dollars.  Such  additional
   24  aid  shall  be  apportioned and paid to the chief fiscal officer of each
   25  eligible municipality on or before September twenty-fifth of  each  such
   26  state  fiscal  year on audit and warrant of the state comptroller out of
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD16288-01-2
       S. 7731                             2
    1  moneys appropriated by the legislature for such purpose to the credit of
    2  the local assistance fund. FOR THE PURPOSES  OF  BEING  ELIGIBLE  FOR  A
    3  CITIZEN  EMPOWERMENT  TAX  CREDIT, IN ADDITION TO ANY OTHER MUNICIPALITY
    4  WHICH  IS ELIGIBLE, A TOWN SHALL BE DEEMED THE SURVIVING MUNICIPALITY IN
    5  THE CASE OF A TOWN AND VILLAGE EXISTING AS OF JULY FIRST,  TWO  THOUSAND
    6  TWELVE,  WHICH THEREAFTER, BUT NOT BEFORE, SHARE A COTERMINOUS BOUNDARY.
    7  IN THE CASE OF A TOWN WHICH QUALIFIES  FOR  A  CITIZEN  EMPOWERMENT  TAX
    8  CREDIT AS A RESULT OF SHARING A COTERMINOUS BOUNDARY WITH A VILLAGE, THE
    9  SECRETARY OF STATE IS AUTHORIZED TO MAKE RULES AND REGULATIONS TO IMPLE-
   10  MENT THE TAX CREDIT IN CIRCUMSTANCES WHERE THE SECRETARY DETERMINES SUCH
   11  COTERMINOUS NATURE WILL RESULT IN SAVINGS TO TAXPAYERS.
   12    S  2. Clause 2 of subparagraph (i) of paragraph q of subdivision 10 of
   13  section 54 of the state finance law, as added by section 3 of part K  of
   14  chapter 57 of the laws of 2011, is amended to read as follows:
   15    (2) For the purposes of this paragraph, "local government re-organiza-
   16  tion"  shall mean the consolidation or dissolution of a local government
   17  entity in accordance with article seventeen-A of the  general  municipal
   18  law  OR  THE  MAKING OF THE BOUNDARIES OF A TOWN AND VILLAGE EXISTING ON
   19  JULY FIRST, TWO THOUSAND TWELVE COTERMINOUS  IN  A  MANNER  WHICH  WOULD
   20  QUALIFY THE TOWN FOR A CITIZEN EMPOWERMENT TAX CREDIT.
   21    S 3. This act shall take effect immediately.
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