Bill Text: NY A01905 | 2019-2020 | General Assembly | Introduced

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Bill Title: Increases the allowable amount of unexpended surplus funds which may be retained by a board of education.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to education [A01905 Detail]

Download: New_York-2019-A01905-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          1905
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 17, 2019
                                       ___________
        Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
          tee on Education
        AN ACT to amend the real property tax law, in relation to increasing the
          allowable  amount of unexpended surplus funds which may be retained by
          a board of education
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 1 of section 1318 of the real property tax law,
     2  as  amended  by  chapter  238 of the laws of 2007, is amended to read as
     3  follows:
     4    1. The warrant of the collecting officer shall be signed by the  trus-
     5  tee,  or  the trustees, or a majority of them, or the board of education
     6  or a majority thereof. Such warrant shall state the amount of unexpended
     7  surplus funds in the custody of the board and shall further  state  that
     8  except  as  authorized or required by law, such unexpended surplus funds
     9  have been applied in determining the amount of the school tax levy.  For
    10  the two thousand seven--two thousand eight school year, surplus funds as
    11  used  in  this  subdivision  shall mean any operating funds in excess of
    12  three percent of the current school year budget, and shall  not  include
    13  funds  properly  retained under other sections of law. For the two thou-
    14  sand eight--two thousand nine school year[, and thereafter,] through the
    15  two thousand eighteen--two thousand nineteen school year, surplus  funds
    16  as  used in this subdivision shall mean any operating funds in excess of
    17  four percent of the current school year budget, and  shall  not  include
    18  funds  properly retained under other sections of law.  For the two thou-
    19  sand nineteen--two thousand twenty school year, and thereafter,  surplus
    20  funds  as  used  in  this  subdivision shall mean any operating funds in
    21  excess of five percent of the current school year budget, and shall  not
    22  include  funds  properly  retained  under  other  sections  of law. Such
    23  warrant shall have the same force and effect as a warrant  issued  by  a
    24  board  of  supervisors to a collecting officer in a town. The collecting
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05231-01-9
        A. 1905                             2
     1  officer to whom it may be delivered  for  collection  shall  be  thereby
     2  authorized  and  required  to  collect  from  every person named on such
     3  school tax roll the sum set opposite his name, or the  amount  due  from
     4  any  person  specified  therein,  in  the  same manner and with the same
     5  powers that collecting officers in towns are authorized to collect taxes
     6  levied by the board of supervisors.
     7    § 2. This act shall take effect immediately.