S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5876
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 20, 2019
                                ___________
 
 Introduced  by  M.  of A. GIGLIO, LAWRENCE, McDONOUGH, B. MILLER -- read
   once and referred to the Committee on Real Property Taxation
 
 AN ACT to amend the education law, in relation to  providing  a  supple-
   mental  valuation  impact  grant  to  the  West  Valley central school
   district

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    Subdivision  3 of section 3641 of the education law, as
 added by section 29-a of part B of chapter 57 of the laws of 2008, para-
 graph a as amended by section 31 of part A of chapter 57 of the laws  of
 2009, is amended to read as follows:
   3. Supplemental valuation impact grants.  a. In addition to apportion-
 ments otherwise provided by section thirty-six hundred two of this arti-
 cle,  for aid payable in the two thousand [eight] NINETEEN--two thousand
 [nine and two thousand nine--two thousand  ten]  TWENTY  school  [years]
 YEAR, the [amounts] AMOUNT specified in [paragraphs] PARAGRAPH c [and d]
 of  this  subdivision  shall  be paid for the purpose of providing addi-
 tional funding for A school [districts] DISTRICT which [have experienced
 a significant financial hardship caused by an  extraordinary  change  in
 the taxable property valuation or extraordinary judgments resulting from
 tax  certiorari  proceedings]  HAS MORE THAN EIGHTY-THREE PERCENT OF ITS
 REAL PROPERTY CLASSIFIED AS TAX EXEMPT.
   b. The purpose of this subdivision is to provide financial  assistance
 to  A  school [districts] DISTRICT which [have experienced a significant
 reduction in the taxable full value of the school district  or  extraor-
 dinary  tax  certiorari judgments] HAS MORE THAN EIGHTY-THREE PERCENT OF
 ITS REAL PROPERTY CLASSIFIED AS TAX EXEMPT.  The legislature finds  that
 A  school  [districts for which a judgment was made resulting from a tax
 certiorari proceeding which is larger  than  the  total  budget  of  the
 school  district  for school year two thousand seven--two thousand eight
 or for school districts] DISTRICT which [have observed  a  reduction  of

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

                                                            LBD03732-01-9

 A. 5876                             2

 taxable  real  property of more than seventy-five percent between school
 year two thousand five--two thousand six and school  year  two  thousand
 eight--two thousand nine] HAS MORE THAN EIGHTY-THREE PERCENT OF ITS REAL
 PROPERTY  CLASSIFIED AS TAX EXEMPT DURING SCHOOL YEAR TWO THOUSAND NINE-
 TEEN--TWO THOUSAND TWENTY may benefit from temporary additional  assist-
 ance.
   c.  To  the  [Barker  central school district, there shall be paid one
 million three hundred thousand dollars ($1,300,000). Such grant shall be
 payable to the Barker central school district  in  accordance  with  the
 payment schedules contained in section thirty-six hundred nine-a of this
 article, notwithstanding any provision of law to the contrary.
   d.  To the Haverstraw-Stony Point central school district, there shall
 be paid two million five hundred  thousand  dollars  ($2,500,000).  Such
 grant  shall  be  payable  to  the Haverstraw-Stony Point central school
 district in accordance with the payment schedules contained  in  section
 thirty-six hundred nine-a of this article, notwithstanding any provision
 of law to the contrary] WEST VALLEY CENTRAL SCHOOL DISTRICT, THERE SHALL
 BE  PAID  FIVE  HUNDRED THOUSAND DOLLARS ($500,000). SUCH GRANT SHALL BE
 PAYABLE TO THE WEST VALLEY CENTRAL SCHOOL DISTRICT  IN  ACCORDANCE  WITH
 THE  PAYMENT SCHEDULES CONTAINED IN SECTION THIRTY-SIX HUNDRED NINE-A OF
 THIS ARTICLE, NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY.
   § 2. This act shall take effect immediately.