Bill Text: NY A07957 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to payments in lieu of taxes paid to the Minisink Valley central school district by Competitive Power Ventures.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - referred to real property taxation [A07957 Detail]
Download: New_York-2019-A07957-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7957 2019-2020 Regular Sessions IN ASSEMBLY May 29, 2019 ___________ Introduced by M. of A. GUNTHER -- read once and referred to the Commit- tee on Real Property Taxation AN ACT relating to payments in lieu of taxes paid to the Minisink Valley central school district The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any laws to the contrary, for the purposes 2 of section 2023-a of the education law, payment in lieu of tax agree- 3 ments paid to the Minisink Valley Central School District in 2019-2020 4 and in subsequent years by Competitive Power Ventures shall be included 5 in the quantity change factor and shall show the percentage by which the 6 full value of the taxable real property in the school district has 7 changed due to physical or quantity change between the second final 8 assessment roll or rolls preceding the final assessment roll or rolls 9 upon which taxes are to be levied, and the final assessment roll or 10 rolls immediately preceding the final assessment roll or rolls upon 11 which taxes are to be levied and shall include the change in assessed 12 value for each property on the exempt side of the tax rolls under a 13 payment in lieu of tax agreement. 14 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11693-01-9
