Assembly Bill A497

2015-2016 Legislative Session

Relates to aid and incentives for municipalities with populations of greater than two hundred thousand

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-A497 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Amd §54, St Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A2766
2011-2012: A774
2013-2014: A1022
2017-2018: A286
2019-2020: A2112

2015-A497 (ACTIVE) - Summary

Relates to aid and incentives for municipalities with populations of greater than two hundred thousand.

2015-A497 (ACTIVE) - Bill Text download pdf 

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

                                   497

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2015
                               ___________

Introduced  by M. of A. GANTT -- read once and referred to the Committee
  on Ways and Means

AN ACT to amend the state finance law, in relation to aid and incentives
  for municipalities with populations of greater than two hundred  thou-
  sand

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

  Section 1. Subparagraph (vi) of  paragraph  e  of  subdivision  10  of
section  54 of the state finance law, as amended by section 2 of part GG
of chapter 56 of the laws of 2009, is relettered subparagraph (vii)  and
amended and a new subparagraph (vi) is added to read as follows:
  (VI)  COMMENCING WITH THE STATE FISCAL YEAR COMMENCING ON APRIL FIRST,
TWO THOUSAND FIFTEEN AND THEREAFTER, ALL  MUNICIPALITIES  WITH  A  POPU-
LATION  OF  GREATER  THAN  TWO  HUNDRED THOUSAND SHALL RECEIVE EQUAL PER
CAPITA AID PROVIDED PURSUANT TO THIS SUBDIVISION.  PER CAPITA AID  SHALL
BE  INCREASED  FOR  ALL MUNICIPALITIES WITH A POPULATION OF GREATER THAN
TWO HUNDRED THOUSAND TO THE HIGHEST PER CAPITA AID  CALCULATED  PURSUANT
TO  THIS  SUBDIVISION  FOR A MUNICIPALITY WITH A POPULATION GREATER THAN
TWO HUNDRED THOUSAND.
  (vii) If sufficient funds are not available for additional aid in  the
amount authorized pursuant to subparagraphs (ii), (iii), (iv) [and], (v)
AND  (VI) of this paragraph, additional aid shall be apportioned to each
municipality eligible for such aid based on the municipality's pro  rata
share of available funds.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02834-01-5

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