Assembly Bill A5340

2021-2022 Legislative Session

Makes an appropriation to the Island Park School District to offset a loss of tax revenue

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Archive: Last Bill Status - Stricken

  • 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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2021-A5340 (ACTIVE) - Details

Law Section:
Appropriations
Versions Introduced in Other Legislative Sessions:
2019-2020: A9908
2023-2024: A1021

2021-A5340 (ACTIVE) - Summary

Makes an appropriation of seven million dollars over seven years to the Island Park School District for the purpose of stabilizing the Island Park School District and offsetting a loss of tax revenue.

2021-A5340 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5340
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 12, 2021
                                ___________
 
 Introduced  by  M.  of  A.  M. MILLER  --  read once and referred to the
   Committee on Ways and Means
 
 AN ACT making an appropriation to the Island  Park  School  District  to
   offset a loss of tax revenue
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The sum of seven million dollars ($7,000,000), or  so  much
 thereof  as  may be necessary, is hereby appropriated to the Island Park
 School District out of any moneys in the state treasury in  the  general
 fund to the credit of the local assistance account, not otherwise appro-
 priated,  and  one  million  dollars  of which shall be made immediately
 available, and one million dollars shall be made available each year  on
 July  first for six subsequent years, for the purpose of stabilizing the
 Island Park School District and offsetting a loss of tax  revenue.  Such
 moneys  shall  be payable on the audit and warrant of the comptroller to
 such school district as prescribed by law.
   ยง 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08946-01-1

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