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

                                 3611--A

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 27, 2015
                               ___________

Introduced  by M. of A. MORELLE, SCHIMMINGER, BARRETT, SCHIMEL, BRINDISI
  -- Multi-Sponsored by -- M. of A. BUTLER, McDONALD, MONTESANO, PALMES-
  ANO, SKARTADOS -- read once and referred to  the  Committee  on  Local
  Governments  --  recommitted  to the Committee on Local Governments in
  accordance with Assembly Rule 3, sec. 2 -- committee discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

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 amended by section 2 of
subpart C of part C of chapter 20 of the laws of  2015,  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. The commissioner of taxation and finance shall, as  appropriate,
promulgate  rules and regulations regarding the calculation of the quan-
tity change factor which may adjust the calculation based on the  devel-
opment  on  tax exempt land AND INCLUDE THE CHANGE IN ASSESSED VALUE FOR

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04426-03-6
              

A. 3611--A                          2

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 amended by section 3 of subpart C of part C of chapter 20 of the
laws of 2015, 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
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.  The commissioner of taxation and finance shall, as appropriate,
promulgate rules and regulations regarding the calculation of the  quan-
tity  change factor which may adjust the calculation based on the devel-
opment on tax exempt land 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 are authorized to be made  on  or
before such effective date.