Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2024 |
referred to corporations, authorities and commissions |
Apr 25, 2023 |
referred to corporations, authorities and commissions |
Assembly Bill A6628
2023-2024 Legislative Session
Sponsored By
THIELE
Current 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
Actions
2023-A6628 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6503
- Current Committee:
- Assembly Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §§1020-q & 1020-p, Pub Auth L
2023-A6628 (ACTIVE) - Summary
Provides that a payment in lieu of taxes shall be equal to no more than two percent of the increase in total tax rate for the current tax year over the total tax rate of the prior tax year, if any, based upon the assessed value as reflected on the final assessment roll of the current tax year.
2023-A6628 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6628 2023-2024 Regular Sessions I N A S S E M B L Y April 25, 2023 ___________ Introduced by M. of A. THIELE -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to certain 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. Subdivision 1 of section 1020-q of the public authorities law, as amended by section 8 of part A of chapter 173 of the laws of 2013, is amended to read as follows: 1. Each year after property theretofore owned by LILCO is acquired by the authority by any means authorized by this title and, as a conse- quence, is [removed from the tax rolls] SET FORTH ON ROLL SECTION EIGHT OR OTHERWISE CODED AS EXEMPT ON ROLL SECTIONS FIVE AND SIX OF A FINAL ASSESSMENT ROLL, the authority shall make payments in lieu of taxes IN ACCORDANCE WITH THE PROVISIONS OF THIS SECTION to municipalities and school districts equal to the taxes and assessments which would have been received from year to year by each such jurisdiction if such acqui- sition had not occurred, provided, however, that for the [calendar] TAX year starting on OR AFTER January first, two thousand [fifteen] TWENTY- ONE, and for each [calendar] TAX year thereafter, such payments in lieu of taxes shall [not exceed the in lieu of tax payments made to such municipalities and school districts in the immediately preceding year by more than two percent] EQUAL TO NO MORE THAN TWO PERCENT OF THE INCREASE IN TOTAL TAX RATE FOR THE CURRENT TAX YEAR OVER THE TOTAL TAX RATE OF THE PRIOR TAX YEAR, IF ANY, BASED UPON THE ASSESSED VALUE AS REFLECTED ON THE FINAL ASSESSMENT ROLL OF THE CURRENT TAX YEAR. IN SUFFOLK COUNTY, NOTWITHSTANDING ANY OTHER PROVISIONS OF LAW TO THE CONTRARY, INCLUDING THE SUFFOLK COUNTY TAX ACT, EACH TOWN SHALL PREPARE AND FORWARD PILOT STATEMENTS TO LIPA, AND SHALL ALSO COLLECT AND DISTRIBUTE ALL PAYMENTS IN LIEU OF TAX FROM LIPA AS IF SUCH PAYMENTS WERE TAXES. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10804-01-3 A. 6628 2
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