Bill Text: NY A01059 | 2017-2018 | General Assembly | Introduced
Bill Title: Exempts certain capital projects undertaken by a municipality jointly with another municipal corporation from the spending tax cap.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2018-01-03 - referred to local governments [A01059 Detail]
Download: New_York-2017-A01059-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1059 2017-2018 Regular Sessions IN ASSEMBLY January 10, 2017 ___________ Introduced by M. of A. GALEF, McDONALD -- Multi-Sponsored by -- M. of A. PAULIN -- read once and referred to the Committee on Local Governments AN ACT to amend the general municipal law, in relation to exempting certain capital projects undertaken by a municipality jointly with another municipal corporation from the spending tax cap The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 3-c of the general municipal law is amended by 2 adding a new subdivision 8 to read as follows: 3 8. The provisions of this section shall not apply to any capital 4 project undertaken by a local government jointly with another municipal 5 corporation. 6 § 2. This act shall take effect immediately; provided, however, that 7 the amendment to section 3-c of the general municipal law made by 8 section one of this act shall not affect the repeal of such section and 9 shall be deemed to repeal therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02854-01-7
