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Albany, before your first meeting.
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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to state aid payments made to certain cities on state-owned lands
In Assembly Committee · Governmental Operations · Sponsor John McEneny
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the public lands law, in relation to state aid to certain cities on state-owned lands
Purpose or general idea of bill
This proposal will spin-up 19-A payments for the fiscal years 2011-12 through 2015-16 and correspondingly to decrease payments from 2028-29 through 2032-33. These spin-sups will keep the City's payments at the current level of $22,850,000 constant for an additional five years assisting the City's effort to maintain fiscal stability.
Summary of specific provisions
Section 1- amends paragraph 1 of subdivision 2-a of section 19-a of the public lands law
Section 2 - is the effective date
Justification
To help alleviate the financial situation currently being faced by the city of Albany they have requested this legislation which modifies and spins-up the schedule of payment -in-lieu of taxes the city of Albany receives from the State.
Prior legislative history
New bill.
Fiscal implications
Advances payment schedule by the State to the city of Albany - the net financial impact to the state would be zero.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.