What's happening
This bill exempts joint municipal capital projects from the local government spending tax cap in New York.
Why it matters
Encourages Municipal Collaboration. By exempting joint capital projects from the tax cap, the bill incentivizes municipalities to work together on infrastructure or facility upgrades, potentially leading to cost savings and more efficient use of resources.
Potential for Improved Services. Joint projects could result in better or more comprehensive public services (like shared fire stations, water systems, or parks) that a single municipality might not afford under strict tax cap limits.
Could Affect Local Taxpayer Costs. While aims to foster cooperation, the exemption may allow for higher local spending on joint projects than would otherwise be permitted, potentially impacting local tax rates or municipal budgets.
Creates a Precedent for Further Exemptions. This carve-out could prompt other groups to seek similar exemptions, possibly weakening the overall effectiveness of the local government spending cap over time.
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Who cares
Headline styles
Sponsors
1 Co-sponsor
1 Multi-sponsor
History
- Referred to local governments
- Referred to local governments
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1059
2017-2018 Regular Sessions
IN ASSEMBLY
January 10, 2017
Introduced by M. of A. GALEF, McDONALD -- Multi-Sponsored by -- M. of A. PAULIN -- read once and referred to the Committee on Local Governments
AN ACT to amend the general municipal law, in relation to exempting certain capital projects undertaken by a municipality jointly with another municipal corporation from the spending tax cap
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 3-c of the general municipal law is amended by adding a new subdivision 8 to read as follows:
8. The provisions of this section shall not apply to any capital project undertaken by a local government jointly with another municipal corporation.
§ 2. This act shall take effect immediately; provided, however, that the amendment to section 3-c of the general municipal law made by section one of this act shall not affect the repeal of such section and shall be deemed to repeal therewith.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02854-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.