What's happening
This bill requires the Town of Hempstead Industrial Development Agency to notify and obtain school board acknowledgement before approving PILOT agreements.
Why it matters
Ensures school districts have a direct say. in PILOT (Payment In Lieu Of Taxes) agreements, which often affect school funding, by mandating that their boards must be notified and must acknowledge the arrangement before it’s approved.
Promotes transparency and collaboration. between the Industrial Development Agency and local schools, reducing the risk that school budgets or resources are unexpectedly impacted by tax deals made to attract businesses.
May lead to better-informed PILOT decisions. since school boards and superintendents, who understand the educational and community needs, are included in the consultation process before agreements are finalized.
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Who cares
Headline styles
School Boards Must Approve PILOTs
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
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
3022
2019-2020 Regular Sessions
IN ASSEMBLY
January 28, 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 requiring acknowledgement of school boards prior to approval of payments in lieu of taxes by the town of Hempstead industrial development agency
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 905 of the general municipal law is amended by adding a new subdivision 5 to read as follows:
5. Prior to the approval of any application for a PILOT agreement by the agency, 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 acknowledgement 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.
LBD05346-01-9
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.