Assembly Bill A818

2019-2020 Legislative Session

Provides for state reimbursement for lost tax revenue due to devaluation of land as a result of toxic contamination

download bill text pdf

Sponsored By

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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2019-A818 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Add §54-n, St Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: A10784
2021-2022: A3603
2023-2024: A3700

2019-A818 (ACTIVE) - Summary

Provides for state reimbursement for lost tax revenue due to devaluation of land as a result of toxic contamination.

2019-A818 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    818
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2019
                                ___________
 
 Introduced  by M. of A. ASHBY -- read once and referred to the Committee
   on Ways and Means
 
 AN ACT to amend the state finance law, in relation  to  providing  state
   reimbursement  for lost tax revenue due to devaluation of land subject
   to toxic contamination
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  state finance law is amended by adding a new section
 54-n to read as follows:
   § 54-N. REIMBURSEMENT FOR LOST TAX REVENUE DUE TO TOXIC CONTAMINATION.
 1. AS USED IN THIS SECTION, "MUNICIPALITY" SHALL MEAN ANY CITY, VILLAGE,
 TOWN OR FIRE DISTRICT LOCATED IN THE COUNTY OF RENSSELAER.
   2. ANY MUNICIPALITY SUBJECT TO CONTAMINATION EITHER DIRECTLY OR  INDI-
 RECTLY  FROM  THE  STATE HAZARDOUS WASTE SITE KNOWN AS THE DEWEY LOEFFEL
 LANDFILL, THAT HAS REDUCED ITS TAX LEVY ON PROPERTIES AFFECTED  BY  SUCH
 HAZARDOUS  WASTE  SITE, SHALL BE ELIGIBLE FOR REIMBURSEMENT OF SUCH LOST
 TAX REVENUE BY THE STATE. FOR PURPOSES OF THIS SECTION, "LOST TAX REVEN-
 UE" SHALL MEAN THE DIFFERENCE BETWEEN THE ACTUAL VALUATION OF SUCH  REAL
 PROPERTY  AND  THE REDUCED ASSESSED VALUE DUE TO CONTAMINATION AS CERTI-
 FIED BY THE CHIEF FISCAL OFFICER OF THE MUNICIPALITY IN WHICH SUCH PROP-
 ERTIES ARE LOCATED.
   3. SUCH REIMBURSEMENT SHALL  BE  MADE  ANNUALLY  TO  THE  MUNICIPALITY
 FOLLOWING APPLICATION BY THE CHIEF FISCAL OFFICER OF THE MUNICIPALITY TO
 THE COMPTROLLER IN A MANNER APPROVED AND PRESCRIBED BY THE COMPTROLLER.
   4.  SUCH SYSTEM OF REIMBURSEMENT SHALL CONTINUE UNTIL SUCH TIME AS THE
 DEWEY LOEFFEL LANDFILL HAS BEEN REMOVED  FROM  THE  INVENTORY  OF  STATE
 HAZARDOUS WASTE SITES.
   §  2. This act shall take effect on the first of April next succeeding
 the date on which it shall have become a law.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01688-01-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.