S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  1841--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 13, 2017
                                ___________
 
 Introduced  by  M. of A. MORELLE, SCHIMMINGER, BARRETT, BRINDISI, MAGEE,
   LIFTON, BRONSON, GALEF, OAKS, WOERNER, LUPARDO, GOODELL, SEPULVEDA  --
   Multi-Sponsored  by  --  M.  of A. BUTLER, FINCH, McDONALD, MONTESANO,
   PALMESANO, SKARTADOS -- read once and referred  to  the  Committee  on
   Local  Governments  --  committee  discharged,  bill  amended, ordered
   reprinted as amended and recommitted to said committee
 
 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 SHALL INCLUDE  THE  CHANGE  IN  ASSESSED
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00937-04-7
              

 A. 1841--A                          2
 
 VALUE  FOR  EACH  PROPERTY  ON  THE EXEMPT SIDE OF THE TAX ROLLS UNDER A
 PAYMENT IN LIEU OF TAX AGREEMENT.
   § 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 SHALL 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.
   § 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.