What's happening
This bill allows water district capital expenditures to be excluded from the property tax cap calculation for local governments.
Why it matters
Eases local funding for water infrastructure. By excluding water district capital expenditures from the property tax cap calculation, local governments can invest in essential water system upgrades, repairs, or expansions without being restricted by the usual tax cap limits.
Could reduce infrastructure delays. The bill addresses a key barrier to maintaining or improving water systems, potentially accelerating projects that might otherwise be deferred or underfunded due to tax cap constraints.
Shifts local fiscal pressure. While helping water districts, this change could lead to higher property tax bills for residents if local governments choose to raise additional funds for water capital projects, which may prompt debates about local spending priorities and taxpayer impacts.
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Who cares
Headline styles
Remove Water Project Tax Cap
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
History
- Referred to local governments
- Referred to local governments
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.
Exclude Water Costs from Tax Cap
In Senate Committee · Local Government · Sponsor Anna Kaplan
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7826
2019-2020 Regular Sessions
IN ASSEMBLY
May 23, 2019
Introduced by M. of A. LAVINE, STERN, FAHY, ABINANTI -- read once and referred to the Committee on Local Governments
AN ACT to amend the general municipal law, in relation to excluding water district capital expenditures from the tax cap
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 to fund water district capital expenditures.
§ 2. This act shall take effect immediately; provided 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.
LBD10071-02-9
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.