Bill Text: NY A07701 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to the finances of the Troy public library district.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-04-13 - enacting clause stricken [A07701 Detail]
Download: New_York-2015-A07701-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 5651 A. 7701 2015-2016 Regular Sessions S E N A T E - A S S E M B L Y May 22, 2015 ___________ IN SENATE -- Introduced by Sen. BRESLIN -- 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. McDONALD -- read once and referred to the Committee on Libraries and Education Technology AN ACT to amend chapter 422 of the laws of 2008, relating to creating a public library district in the city of Troy, in the county of Rensse- laer, in relation to the public library's finances 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 4 of chapter 422 of the laws of 2 2008, relating to creating a public library district in the city of 3 Troy, in the county of Rensselaer, as amended by chapter 321 of the laws 4 of 2009, is amended to read as follows: 5 1. The initial budget for the public library district shall be deter- 6 mined by a vote of the voters of the district in the initial election as 7 hereinafter provided for. All future budgets that increase or decrease 8 THE DISTRICT'S PROPOSED TAX LEVY AS COMPARED TO THE TAX LEVY IN THE 9 PRECEDING FISCAL YEAR'S BUDGET AND the public library proposed total 10 operating expenditures over the total operating expenditures in the last 11 preceding fiscal year's budget shall be submitted to the residents 12 voting at the annual election of trustees pursuant to section two of 13 this act. Funds voted for library purposes at the initial election and 14 at all future budget elections shall be considered an annual appropri- 15 ation therefor and shall be levied and collected yearly in the same 16 manner and at the same time as other taxes in the city of Troy, AND 17 SHALL BE PAID OVER IN FULL TO THE PUBLIC LIBRARY DISTRICT, WITH NO LESS 18 THAN HALF OF THE AMOUNT OF THE TAX LEVY TO BE PAID BEFORE THE FIRST DAY 19 OF MARCH AND THE FULL BALANCE OF THE AMOUNT OF THE TAX LEVY PAID BEFORE 20 THE FIRST DAY OF SEPTEMBER. The initial fiscal year of the library EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11219-01-5 S. 5651 2 A. 7701 1 district shall be January 1 of the year immediately succeeding the year 2 in which the library district shall come into existence through and 3 including December 31 of that year. Taxes voted on and approved for the 4 support of the library district for the initial fiscal year shall be 5 assessed and levied by December of the year in which the library 6 district shall come into existence and shall be included in the tax bill 7 for which payment is due in the following January. Taxes voted on and 8 approved for the support of the library district for subsequent fiscal 9 years shall be levied in the calendar year directly preceding the 10 library district's fiscal year and shall be included in the tax bills 11 issued during December of the calendar year preceding the fiscal year. 12 S 2. This act shall take effect immediately.