What's happening
This bill requires school board approval and consultation before any industrial development agency can approve a payment in lieu of taxes (PILOT) agreement.
Why it matters
Empowers local school boards. by giving them direct approval authority over PILOT agreements, ensuring that decisions affecting school tax revenues cannot be made without their consent.
Increases transparency and accountability. in the PILOT approval process by requiring formal notification and consultation with the affected school district’s superintendent and board.
May impact economic development negotiations. , as industrial development agencies will need school board buy-in, potentially influencing the terms of PILOT deals or the likelihood of their approval.
Prioritizes school funding interests. , making it harder for agencies to approve PILOT agreements that could reduce tax income for local schools without explicit school board support.
Albany, before your first meeting.
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Who cares
Headline styles
School Boards Approve Tax Deals
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
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
2737
2019-2020 Regular Sessions
IN ASSEMBLY
January 25, 2019
Introduced by M. of A. SOLAGES -- read once and referred to the Committee on Local Governments
AN ACT to amend the general municipal law, in relation to payments in lieu of taxes for projects approved by industrial development agencies
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 859-a of the general municipal law is amended by adding a new subdivision 7 to read as follows:
7. Prior to the approval of any application for a payment in lieu of taxes agreement (PILOT agreement) by any agency subject to the provisions of this article, the agency shall notify the school board and consult the district superintendent of each school district where the project that is the subject of such PILOT agreement would be located and obtain approval from each school board to be impacted by such PILOT agreement.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05164-01-9
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.