Amends the monetary cap for separate specifications on public works projects

BILL NUMBER:S4479

Title of bill

An act to amend the general municipal law, in relation to establishing the real property tax relief and local government mandate reform act

Purpose or general idea of bill

This bill would amend the Wicks law to increase the threshold from $3 million to $10 million in New York City, from $1,500,000 to $7,500,000 for Nassau, Suffolk and Westchester Counties, and from $500,000 to $5 million for all other counties in the state. This bill would further exempt any separate bidding Wicks law requirements when the parties have executed a project labor agreement.

Summary of specific provisions

Section 1 - Legislative findings and declarations.

Section 2 - Amends §101, subdivision 1 of the General Municipal Law increasing the thresholds for public works contracts across the State and adds §101, 1-a which eliminates the need for awarding or entering into separate contracts for work to be performed when there is an existing project labor agreement.

Section 3 - Sets the enacting date.

Justification

Real Property Taxes in New York State are too high, and the burden they place upon citizens, homeowners and businesses, is making it difficult for New York State to thrive, prosper and succeed. The only way to realistically reduce the real property tax burden upon our citizens, homeowners and businesses, is to place a comprehensive approach in State law which controls costs and spending for local governments, and provides significant mandate relief with respect to their fiscal obligations. Real property tax relief and local government mandate reform must be achieved by establishing a comprehensive approach to reduce real property taxes across the state, the controlling government costs, and providing significant mandate relief to local governments.

Prior legislative history

This is a new bill.

Fiscal implications

Unknown.

Effective date

This act shall take effect immediately.