S T A T E   O F   N E W   Y O R K
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                                  8038

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              June 17, 2013
                               ___________

Introduced  by M. of A. MORELLE -- read once and referred to the Commit-
  tee on Local Governments

AN ACT to amend the general municipal law  and  the  education  law,  in
  relation to payments in lieu of taxes

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subparagraph (i) of  paragraph  (b)  of  subdivision  3  of
section  3-c of the general municipal law, as added by section 1 of part
A of chapter 97 of the laws of 2011, is amended to read as follows:
  (i) The commissioner of taxation and finance shall calculate a quanti-
ty change factor for each local government for the  coming  fiscal  year
based upon the physical or quantity change, as defined by section twelve
hundred twenty of the real property tax law, reported to the commission-
er  of  taxation  and  finance  by the assessor or assessors pursuant to
section five hundred seventy-five of the  real  property  tax  law.  The
quantity change factor shall show the percentage by which the full value
of  the taxable real property in the local government has changed due to
physical or quantity change between the second final assessment roll  or
rolls  preceding the final assessment roll or rolls upon which taxes are
to be levied, and the final assessment roll or rolls immediately preced-
ing the final assessment roll or rolls upon which taxes are to be levied
AND INCLUDE THE CHANGE IN ASSESSED VALUE FOR EACH PROPERTY ON THE EXEMPT
SIDE OF THE TAX ROLLS UNDER A PAYMENT IN LIEU OF TAX AGREEMENT.
  S 2. Paragraph b of subdivision 2-a of section 2023-a of the education
law, as added by section 2 of part A of chapter 97 of the laws of  2011,
is amended to read as follows:
  b. The commissioner of taxation and finance shall calculate a quantity
change  factor for the coming school year for each school district based
upon the physical or quantity  change,  as  defined  by  section  twelve
hundred twenty of the real property tax law, reported to the commission-
er  of  taxation  and  finance  by the assessor or assessors pursuant to

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08545-01-3
              

A. 8038                             2

section five hundred seventy-five of the  real  property  tax  law.  The
quantity change factor shall show the percentage by which the full value
of  the  taxable real property in the school district has changed due to
physical  or quantity change between the second final assessment roll or
rolls preceding the final assessment roll or rolls upon which taxes  are
to be levied, and the final assessment roll or rolls immediately preced-
ing the final assessment roll or rolls upon which taxes are to be levied
AND INCLUDE THE CHANGE IN ASSESSED VALUE FOR EACH PROPERTY ON THE EXEMPT
SIDE OF THE TAX ROLLS UNDER A PAYMENT IN LIEU OF TAX AGREEMENT.
  S 3. This act shall take effect on the one hundred twentieth day after
it  shall  have  become a law, provided, however, that the amendments to
section 3-c of the general municipal  law  and  section  2023-a  of  the
education  law  made  by sections one and two of this act, respectively,
shall not affect the  repeal  of  such  sections  and  shall  be  deemed
repealed  therewith.  Effective  immediately,  the  addition,  amendment
and/or repeal of any rules or regulations necessary for the  implementa-
tion  of  this  act on its effective date is authorized to be made on or
before such effective date.