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S4024Senate2015-2016 SessionSame asA5813

Extends from June 30, 2015 to June 30, 2020, the expiration of provisions relating to payments in lieu of taxes for property acquired for park or recreational purposes by the town of Hempstead

Sponsor Dean G. SkelosSD-9Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Dean G. Skelos

Senator · Senate District 9

Chair, Rules

No co-sponsors yet.

History

  1. Signed chap.38
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.238
  7. Substituted for A5813
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 61–0
  11. Home rule request
  12. Ordered to third reading cal.1402
Show 2 earlier actions
  1. Reported and committed to rules
  2. Referred to local government

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S4024

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, 2020 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, 2015 to June 30, 2020.

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, 2010-2015).

Legislative history

Chapter 99 of the Laws of 2000. Chapter 120 of the Laws of 2005. Chapter 255 of the Laws of 2010.

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.