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S4140Senate2015-2016 SessionSame asA5822

Relates to extending chapter 846 of the laws of 1970 in relation to payment in lieu of taxes for property acquired for park or recreational purposes

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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Sponsors

Primary sponsor
Dean G. Skelos

Senator · Senate District 9

Chair, Rules

No co-sponsors yet.

History

  1. Signed chap.41
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.355
  7. Substituted for A5822
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 62–0
  11. Home rule request
  12. Ordered to third reading cal.1362
Show 2 earlier actions
  1. Committee discharged and committed to rules
  2. 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.

A5822Assembly

Relates to extending chapter 846 of the laws of 1970 in relation to payment in lieu of taxes for property acquired for park or recreational purposes

Assembly Floor Calendar · Sponsor Todd Kaminsky

Full text

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

Sponsor's memo

BILL NUMBER:S4140

Title of bill

An act to amend chapter 846 of the laws of 1970, amending the county law relating to payment in lieu of taxes for property acquired for park or recreational purposes, in relation to extending the term of effective- ness of such chapter

Purpose

To extend until June 30, 2020 the authorization to Nassau County to make payments in lieu of taxes on certain parklands in Lido Beach-Point Look- out area.

Summary of provisions

Section 2 of Chapter 846 of the Laws of 1970 amending the County law is amended as it pertains to the payment in lieu of taxes by Nassau County 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 that these payments have now become crucial to its fiscal wellbeing. Similar bills extending this legislation have been passed and signed into law on five prior occasions (1975-80, 1980-85, 1985-90, 1990-95, 1995-2000, 2000-2005, 2005-2010, 2010-2015.)

Legislative history

Chapter 248 of the Laws of 2010; Chapter 130 of the Laws of 2005

Fiscal implications

None to 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.