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Sponsors
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History
- Substituted by A10049
- Ordered to third reading cal.1349
- Committee discharged and committed to rules
- Referred to local government
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.
Relating to payment in lieu of taxes for property acquired for park or recreational purposes by town of Hempstead
Signed by Governor · Sponsor Harvey Weisenberg
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend chapter 821 of the laws of 1970 amending the town law relating to payment in lieu of taxes for property acquired for park or recreational purposes by the town of Hempstead, in relation to the term of effectiveness of such chapter
Purpose
To extend until June 30, 2010 the authorization of the Town of Hempstead to make payments in lieu of taxes on certain parklands in Lido Beach - Point Lookout area.
Summary of provisions
Section 3 of chapter 821 of the laws of 1970 amending the Town Law is amended as it pertains to the payment. in lieu of taxes by the Town of Hempstead to certain districts in the Lido Beach area by extending its termination date from June 30, 2005 to June 30, 2010.
Justification
The Long Beach City School District has reached its constitutional tax limit so these payments have become crucial to its fiscal well-being. Similar bills extending this provision have been passed and signed into law on seven prior occasions (1975-1980, 1980-1985, 1985-1990, 1990-1995, 1995-2000, 2000-2005, 2005-2010).
Legislative history
Chapter 99 of the Laws of 2000. Chapter 120 of the Laws of 2005.
Fiscal implications
None to the State.
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.