Bill Text: NY A00160 | 2015-2016 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Provides an alternative method for equalization in the Riverhead central school district in order to provide tax stability.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-02-09 - print number 160a [A00160 Detail]

Download: New_York-2015-A00160-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 370                                                    A. 160
                              2015-2016 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                      (PREFILED)
                                    January 7, 2015
                                      ___________
       IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
         ed, and when printed to be committed to the Committee on Local Govern-
         ment
       IN  ASSEMBLY  -- Introduced by M. of A. THIELE -- read once and referred
         to the Committee on Real Property Taxation
       AN ACT in relation to providing an alternative method  for  equalization
         in  the  Riverhead  central  school  district  in order to provide tax
         stability; and providing for the repeal of such provisions upon  expi-
         ration thereof
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Notwithstanding the provisions of section 1314 of the  real
    2  property  tax  law  or  any  other law to the contrary, in the Riverhead
    3  central school district, school taxes shall  be  apportioned  among  the
    4  towns  by  taking  the  average of the apportionment of school taxes for
    5  each town for the previous five years as calculated pursuant to  section
    6  1314  of  the  real  property  tax law, including the year for which the
    7  taxes are to be levied.
    8    S 2. The Riverhead central school district, in consultation  with  the
    9  department  of taxation and finance, shall prepare a report on or before
   10  December 31, 2019. Such report shall describe and  evaluate  the  effec-
   11  tiveness  and  administration of this program and shall include, but not
   12  be limited to, for each year that the program exists,  a  comparison  of
   13  the  utilized  apportioned  school  taxes  to those that would have been
   14  utilized if not for the program, an evaluation as to whether the use  of
   15  a  five  year  average of apportionment of school taxes is beneficial to
   16  the property owners within the school district and  recommendations  for
   17  any  legislative  action. The report shall be submitted to the governor,
   18  the temporary president of the senate and the speaker of the assembly.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03081-01-5
       S. 370                              2                             A. 160
    1    S 3. This act shall take effect immediately and  shall  apply  to  the
    2  apportionment  of  school taxes for years occurring after such effective
    3  date, provided that this act shall remain in full force and effect until
    4  December 31, 2019, when upon such date this  act  shall  expire  and  be
    5  deemed repealed.