What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Print number 1138b
- Amend and recommit to investigations and government operations
- Referred to investigations and government operations
- Print number 1138a
- Amend and recommit to investigations and government operations
- 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.
Authorizes payment of additional state aid for certain state-leased or state-owned lands
In Assembly Committee · Real Property Taxation · Sponsor Patricia Fahy
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1138B
Title of bill
An act to amend the public lands law, in relation to certain state-leased or state-owned lands
Purpose or general idea of bill
Authorizes payment of additional state aid for certain state-leased or state-owned lands
Summary of specific provisions
Section 1 - amends section 19-a of the public lands law by adding a new subdivision 2-b
Section 2 is the effective date
Justification
This legislation which was requested by the City of Albany would provide for payment in lieu of taxes (PILOT). Currently, nearly 60% of the City is tax-exempt, largely as a result of State ownership. This legislation proposes a PILOT payment of 1.75% of the present value of the Harriman Campus, an amount that would be approximately $11.7 million annually. The bill provides that this amount would be paid annually for ten years and would decrease sooner if the Harriman Campus is privatized.
Prior legislative history
2012: A.10022/S.7201
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.