What's happening
This bill allows school districts and local governments to exceed property tax limits to cover court-ordered tax certiorari expenses.
Why it matters
Provides financial relief for school districts and local governments facing unexpected court-ordered tax refunds. allowing them to raise property taxes above the usual cap specifically to cover these mandated expenses, rather than having to cut budgets or find funds elsewhere.
Helps maintain stability in local services and school programs. by preventing sudden budget shortfalls that might otherwise result from large, unplanned tax certiorari judgments (which often involve refunding property taxes due to successful legal challenges by property owners).
Ensures that costs related to tax certiorari (including interest and bond payments) are not forced to compete with regular operational expenses. , potentially reducing the negative impact on classroom instruction, public safety, or other essential services.
May encourage more responsible budgeting and planning for potential tax certiorari liabilities. , since these expenses are recognized as extraordinary and treated separately from normal budget growth and tax cap limits.
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Who cares
Headline styles
Limit Tax Hikes After Lawsuits
Plain English, a few words. Used as the page title.
Sponsors
16 Co-sponsors
History
- Held for consideration in local governments
- 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
294
2017-2018 Regular Sessions
IN ASSEMBLY
January 5, 2017
Introduced by M. of A. JAFFEE, CAHILL, GOTTFRIED, LAWRENCE, MURRAY, HOOPER -- Multi-Sponsored by -- M. of A. COOK, CROUCH, PERRY, RIVERA, SALADINO, SIMON, STECK -- read once and referred to the Committee on Local Governments
AN ACT to amend the general municipal law, in relation to limits upon real property tax levies for expenditures resulting from court orders against a school district or local government
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subparagraph (iv) of paragraph (g) of subdivision 2 of section 3-c of the general municipal law, as added by section 1 of part A of chapter 97 of the laws of 2011, is amended and a new subparagraph (v) is added to read as follows:
(iv) in years in which the normal contribution rate of the New York state teachers' retirement system, as defined by paragraph a of subdivision two of section five hundred seventeen of the education law, increases by more than two percentage points from the previous year, a tax levy necessary for expenditures for the coming fiscal year for local government employer contributions to the New York state teachers' retirement system caused by growth in the normal contribution rate minus two percentage points[.];
(v) a tax levy necessary for expenditures, including the payment of interest and principal for bonds to fund such expenditures, resulting from court orders against a school district or local government arising out of tax certiorari proceedings brought under article seven of the real property tax law.
§ 2. This act shall take effect immediately, provided, however, that the amendments 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 repealed therewith.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01768-01-7
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.