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Sponsors
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History
- Print number 4891a
- Amend and recommit to local government
- Referred to local government
- 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.
Provides an alternative method for equalization in the Eastport-South Manor central school district in order to provide tax stability
In Assembly Committee · Real Property Taxation · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4891A
Title of bill
An act in relation to providing an alternative method for equalization in the Eastport-South Manor central school district in order to provide tax stability; and providing for the repeal of such provisions upon expiration thereof
Purpose
This legislation provides an alternative method for equalization in Eastport-South Manor Central School district.
Summary of provisions
The Eastport-South Manor Central School District shall have its school taxes apportioned among the towns by taking the average of the apportionment of school taxes for each town for the previous five years as calculated pursuant to Section 1314 of the Real Property Tax Law, including the year for which the taxes are to be levied. This act has an immediate effective date and shall apply to the apportionment of school taxes for years occurring after the effective date up until December 31, 2016 when the provisions of this act shall expire.
Justification
Since the Eastport-south Manor Central School District has its tax rates apportioned between the towns of Brookhaven and Southampton, this legislation is necessary to provide greater tax stabilization by establishing an alternative method for equalization.
Legislative history
New bill.
Fiscal implications
None to the State.
Effective date
This act shall take effect immediately and shall apply to the apportionment of school taxes for years occurring after the effective date, provided that this act shall remain in full force and effect until December 31, 2016 when upon such date this act shall expire and be deemed repealed.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.