Bill Text: NY A00304 | 2023-2024 | General Assembly | Introduced

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Bill Title: Provides that for the two thousand twenty-four--two thousand twenty-five school year, the two thousand twenty-five--two thousand twenty-six school year, and the two thousand twenty-six--two thousand twenty-seven school year, surplus funds as used in this subdivision shall mean any operating funds in excess of five percent of the current school year budget, and shall not include funds properly retained under other sections of law.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced) 2024-01-03 - referred to real property taxation [A00304 Detail]

Download: New_York-2023-A00304-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                           304

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                     January 4, 2023
                                       ___________

        Introduced by M. of A. PAULIN, OTIS, PRETLOW, ZEBROWSKI -- read once and
          referred to the Committee on Real Property Taxation

        AN ACT to amend the real property tax law, in relation to surplus funds

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 1 of section 1318 of the real property tax law,
     2  as amended by chapter 238 of the laws of 2007, is  amended  to  read  as
     3  follows:
     4    1.  The warrant of the collecting officer shall be signed by the trus-
     5  tee, or the trustees, or a majority of them, or the board  of  education
     6  or a majority thereof. Such warrant shall state the amount of unexpended
     7  surplus  funds  in the custody of the board and shall further state that
     8  except as authorized or required by law, such unexpended  surplus  funds
     9  have  been applied in determining the amount of the school tax levy. For
    10  the two thousand seven--two thousand eight school year, surplus funds as
    11  used in this subdivision shall mean any operating  funds  in  excess  of
    12  three  percent  of the current school year budget, and shall not include
    13  funds properly retained under other sections of law;  provided  however,
    14  that  for  the two thousand twenty-four--two thousand twenty-five school
    15  year, the two thousand twenty-five--two thousand twenty-six school year,
    16  and the two thousand twenty-six--two thousand twenty-seven school  year,
    17  surplus  funds  as used  in  this  subdivision  shall mean any operating
    18  funds  in  excess of five percent of the current school year budget, and
    19  shall  not  include funds   properly retained under  other  sections  of
    20  law.  For  the  two  thousand  eight--two thousand nine school year, and
    21  thereafter, surplus funds as used in this  subdivision  shall  mean  any
    22  operating  funds  in  excess  of four percent of the current school year
    23  budget, and shall  not  include  funds  properly  retained  under  other
    24  sections  of law. Such warrant shall have the same force and effect as a
    25  warrant issued by a board of supervisors to a collecting  officer  in  a
    26  town.  The collecting officer to whom it may be delivered for collection

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02156-01-3
        A. 304                              2

     1  shall be thereby authorized and required to collect  from  every  person
     2  named  on  such school tax roll the sum set opposite his or her name, or
     3  the amount due from any person specified therein, in the same manner and
     4  with the same powers that collecting officers in towns are authorized to
     5  collect taxes levied by the board of supervisors.
     6    § 2. This act shall take effect immediately.