Bill Text: NY A01176 | 2013-2014 | General Assembly | Introduced
Bill Title: Relates to limits upon real property tax levies for expenditures resulting from court orders against a school district or local government.
Spectrum: Slight Partisan Bill (Democrat 13-7)
Status: (Introduced - Dead) 2014-01-08 - referred to local governments [A01176 Detail]
Download: New_York-2013-A01176-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 1176 2013-2014 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2013 ___________ Introduced by M. of A. JAFFEE, SCHIMEL, ABINANTI, GUNTHER, LIFTON -- Multi-Sponsored by -- M. of A. CROUCH, FINCH, GIBSON, PAULIN -- read once and referred to the Committee on Local Governments AN ACT to amend the general municipal law, in relation to limits upon real property tax levies for expenditures resulting from court orders against a school district or local government THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subparagraph (iv) of paragraph (g) of subdivision 2 of 2 section 3-c of the general municipal law, as added by section 1 of part 3 A of chapter 97 of the laws of 2011, is amended and a new subparagraph 4 (v) is added to read as follows: 5 (iv) in years in which the normal contribution rate of the New York 6 state teachers' retirement system, as defined by paragraph a of subdivi- 7 sion two of section five hundred seventeen of the education law, 8 increases by more than two percentage points from the previous year, a 9 tax levy necessary for expenditures for the coming fiscal year for local 10 government employer contributions to the New York state teachers' 11 retirement system caused by growth in the normal contribution rate minus 12 two percentage points[.]; 13 (V) A TAX LEVY NECESSARY FOR EXPENDITURES, INCLUDING THE PAYMENT OF 14 INTEREST AND PRINCIPAL FOR BONDS TO FUND SUCH EXPENDITURES, RESULTING 15 FROM COURT ORDERS AGAINST A SCHOOL DISTRICT OR LOCAL GOVERNMENT ARISING 16 OUT OF TAX CERTIORARI PROCEEDINGS BROUGHT UNDER ARTICLE SEVEN OF THE 17 REAL PROPERTY TAX LAW. 18 S 2. This act shall take effect immediately, provided, however, that 19 the amendments to section 3-c of the general municipal law made by 20 section one of this act shall not affect the repeal of such section and 21 shall be deemed repealed therewith. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02649-01-3