Bill Text: NY S08887 | 2021-2022 | General Assembly | Amended

New York Senate Bill 8887 (Prior Session Legislation)

Bill Title: Provides that new shared services actions in an approved and submitted county-wide shared services property tax savings plan may be eligible for funding to match savings from such action, subject to available appropriation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2022-12-16 - SIGNED CHAP.717 [S08887 Detail]

Download: New_York-2021-S08887-Amended.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                         8887--A

                    IN SENATE

                                     April 27, 2022
                                       ___________

        Introduced  by  Sen.  COONEY -- read twice and ordered printed, and when
          printed to be committed  to  the  Committee  on  Local  Government  --
          committee  discharged,  bill amended, ordered reprinted as amended and
          recommitted to said committee

        AN ACT to amend the general municipal law, in  relation  to  new  shared
          services  actions  in an approved county-wide shared services property
          tax savings plan being eligible for certain funding

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision  8 of section 239-bb of the general municipal
     2  law, as amended by chapter 294 of the laws of 2021, is amended  to  read
     3  as follows:
     4    8.  For  each county, new shared services actions [not included] in [a
     5  previously] an approved and submitted plan pursuant to this  section  or
     6  part  BBB  of  chapter fifty-nine of the laws of two thousand seventeen,
     7  may be eligible for funding to match savings from such  action,  subject
     8  to  available  appropriation. Savings that are actually and demonstrably
     9  realized by the participating local governments are eligible for  match-
    10  ing  funding.  For actions that are part of an approved plan transmitted
    11  to the secretary of state in accordance with paragraph b of  subdivision
    12  seven of this section, savings achieved during either: (i) January first
    13  through  December  thirty-first from new actions implemented on or after
    14  January first through December  thirty-first  of  the  year  immediately
    15  following  an  approved  and transmitted plan, or (ii) July first of the
    16  year immediately following an approved and transmitted plan through June
    17  thirtieth of the subsequent year from new actions implemented July first
    18  of the year immediately following an approved plan through June  thirti-
    19  eth  of  the  subsequent year may be eligible for matching funding. Only
    20  net savings between local governments for each action would be  eligible
    21  for  matching  funding.  Savings from internal efficiencies or any other
    22  action taken by a local government without the participation of  another
    23  local  government are not eligible for matching funding. Each county and
    24  all of the local governments within the county  that  are  part  of  any
    25  action  to  be implemented as part of an approved plan must collectively
    26  apply for the matching funding and agree on the distribution and use  of
    27  any matching funding in order to qualify for matching funding.
    28    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15483-03-2