Bill Text: NY S08887 | 2021-2022 | General Assembly | Amended
Bill Title: Provides that new shared services actions in an approved and submitted county-wide shared services property tax savings plan may be eligible for funding to match savings from such action, subject to available appropriation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2022-12-16 - SIGNED CHAP.717 [S08887 Detail]
Download: New_York-2021-S08887-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 8887--A IN SENATE April 27, 2022 ___________ Introduced by Sen. COONEY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the general municipal law, in relation to new shared services actions in an approved county-wide shared services property tax savings plan being eligible for certain funding The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 8 of section 239-bb of the general municipal 2 law, as amended by chapter 294 of the laws of 2021, is amended to read 3 as follows: 4 8. For each county, new shared services actions [not included] in [a5previously] an approved and submitted plan pursuant to this section or 6 part BBB of chapter fifty-nine of the laws of two thousand seventeen, 7 may be eligible for funding to match savings from such action, subject 8 to available appropriation. Savings that are actually and demonstrably 9 realized by the participating local governments are eligible for match- 10 ing funding. For actions that are part of an approved plan transmitted 11 to the secretary of state in accordance with paragraph b of subdivision 12 seven of this section, savings achieved during either: (i) January first 13 through December thirty-first from new actions implemented on or after 14 January first through December thirty-first of the year immediately 15 following an approved and transmitted plan, or (ii) July first of the 16 year immediately following an approved and transmitted plan through June 17 thirtieth of the subsequent year from new actions implemented July first 18 of the year immediately following an approved plan through June thirti- 19 eth of the subsequent year may be eligible for matching funding. Only 20 net savings between local governments for each action would be eligible 21 for matching funding. Savings from internal efficiencies or any other 22 action taken by a local government without the participation of another 23 local government are not eligible for matching funding. Each county and 24 all of the local governments within the county that are part of any 25 action to be implemented as part of an approved plan must collectively 26 apply for the matching funding and agree on the distribution and use of 27 any matching funding in order to qualify for matching funding. 28 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15483-03-2