Bill Text: NY S00132 | 2025-2026 | General Assembly | Introduced

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Bill Title: Prohibits a town, city, or county industrial development agency from waiving taxes which would be received by a school district.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced) 2025-01-08 - REFERRED TO LOCAL GOVERNMENT [S00132 Detail]

Download: New_York-2025-S00132-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                           132

                               2025-2026 Regular Sessions

                    IN SENATE

                                       (Prefiled)

                                     January 8, 2025
                                       ___________

        Introduced  by Sens. RYAN S, HINCHEY, JACKSON, KRUEGER, SALAZAR, SKOUFIS
          -- read twice and ordered printed, and when printed to be committed to
          the Committee on Local Government

        AN ACT to amend the general municipal law, in relation to waiving school
          taxes by a town, city, or county industrial development agency

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

     1    Section  1.  The  general  municipal  law  is  amended by adding a new
     2  section 889 to read as follows:
     3    § 889.  Special provisions applicable to town, city, or county agency.
     4  A town, city, or county agency shall not enter into agreements requiring
     5  payment in lieu of taxes or waive any other tax where such tax would  be
     6  received by a school district.
     7    § 2.  This act shall take effect immediately.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00416-01-5