Bill Text: NY A06533 | 2019-2020 | General Assembly | Introduced
Bill Title: Provides that the tax levy limit shall be equal to a zero percent increase over the prior year tax levy when the difference between the total amount of taxes levied for the prior year less the tax levy limit results in a negative number.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2020-01-08 - referred to education [A06533 Detail]
Download: New_York-2019-A06533-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6533 2019-2020 Regular Sessions IN ASSEMBLY March 11, 2019 ___________ Introduced by M. of A. LUPARDO, RAMOS, HUNTER, D'URSO, SAYEGH, BLAKE, MOSLEY, STIRPE, JAFFEE, THIELE, JEAN-PIERRE, SIMON, LIFTON -- Multi- Sponsored by -- M. of A. BRABENEC, CROUCH, DeSTEFANO, FRIEND, GIGLIO, HAWLEY, MANKTELOW, B. MILLER, RA, SALKA -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to limitations upon school district tax levies The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph b of subdivision 3 of section 2023-a of the 2 education law, as added by section 2 of part A of chapter 97 of the laws 3 of 2011, is amended to read as follows: 4 b. Provided, however, if the difference between the total amount of 5 taxes levied for the prior year less the tax levy limit results in a 6 negative number, the tax levy limit shall be equal to a zero percent 7 increase over the prior year tax levy. 8 c. On or before March first of each year, any school district subject 9 to the provisions of this section shall submit to the state comptroller, 10 the commissioner, and the commissioner of taxation and finance, in a 11 form and manner prescribed by the state comptroller, any information 12 necessary for the calculation of the tax levy limit; and the school 13 district's determination of the tax levy limit pursuant to this section 14 shall be subject to review by the commissioner and the commissioner of 15 taxation and finance. 16 § 2. This act shall take effect immediately, provided, however, that 17 the amendments to section 2023-a of the education law made by section 18 one of this act shall not affect the repeal of such section and shall be 19 deemed to be repealed therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10160-01-9