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Sponsors
Senator · Senate District 42
1 Co-sponsor
History
- Approval memo.10
- Signed chap.435
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.560
- Substituted for A10738
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–0
- Ordered to third reading cal.1402
- Referred to rules
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 that municipalities made coterminous may qualify for certain tax programs
Assembly Floor Calendar · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7731
Title of bill
An act to amend the state finance law, in relation to providing that municipalities made coterminous may qualify for the citizen empowerment tax credit and the local government citizens re-organization empowerment grant program
Purpose
To expand the definition of the term "consolidation" for purposes of the "citizen empowerment tax credit" and the "local government citizens re-organization empowerment grant program" to include the creation of a coterminous village and town government.
Summary of provisions
Section 1. Amends subparagraph (ii) of paragraph p of subdivision 10 of section 54 of the state finance law to include a town, which is deemed the surviving municipality in a coterminous consolidation of the borders of a town and village, as an eligible municipality for the citizen empowerment tax credit. Additionally, the Secretary of State is authorized to make rules and regulations to implement the tax credit in circumstances where the secretary determines that a coterminous consolidation of the borders of town and village will result in a savings to taxpayers.
Section 2. Amends clause 2 of subparagraph (i) of paragraph q of subdivision 10 of section 54 of the state finance law to include "the making of the boundaries of a town and village existing on July first, two thousand twelve coterminous in a manner which would qualify the town for a citizen empowerment tax credit" within the definition of "local government re-organization" for the purposes of the local government citizens reorganization empowerment grant program.
Section 3. Effective Date.
Justification
Current law does not include the creation of a coterminous village and town government within the definition of consolidation for the purpose of the "citizen empowerment tax credit" or the "local government citizens reorganization empowerment grant program." However, this form of consolidation is an option of consolidation of some services for some municipalities and should not be excluded from state benefits of consolidation.
Legislative history
New bill.
Fiscal implications
To be determined
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.