NY S08235 | 2017-2018 | General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on June 19 2018 - 50% progression, died in committee
Action: 2018-06-19 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Authorizes funds to municipalities from the UDC in the case of certain tax certiorari challenges or agreed upon settlements resulting in loss of tax revenues or increased tax levies of over twenty percent or in regards to a settlement agreement, a reduction in real property taxes or a payment in lieu of taxes of at least twenty percent in the aggregate over the term of such settlement agreement; and permits the establishment of tax certiorari stabilization reserve funds.

Tracking Information

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Title

Authorizes funds to municipalities from the UDC in the case of certain tax certiorari challenges or agreed upon settlements resulting in loss of tax revenues or increased tax levies of over twenty percent or in regards to a settlement agreement, a reduction in real property taxes or a payment in lieu of taxes of at least twenty percent in the aggregate over the term of such settlement agreement; and permits the establishment of tax certiorari stabilization reserve funds.

Sponsors


Roll Calls

2018-06-19 - Senate - Senate Floor Vote - Final Passage (Y: 36 N: 26 NV: 0 Abs: 1) [PASS]
2018-05-09 - Senate - Senate Rules Committee Vote (Y: 21 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-06-19Assemblyreferred to ways and means
2018-06-19SenateDELIVERED TO ASSEMBLY
2018-06-19SenatePASSED SENATE
2018-05-09SenateORDERED TO THIRD READING CAL.1129
2018-05-09SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2018-05-04SenatePRINT NUMBER 8235A
2018-05-04SenateAMEND AND RECOMMIT TO FINANCE
2018-04-20SenateREFERRED TO FINANCE

Same As/Similar To

A10496 (Same As) 2018-04-30 - referred to ways and means

New York State Sources


Bill Comments

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