Bill Text: NY S02126 | 2015-2016 | General Assembly | Introduced

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Bill Title: Authorizes payment of additional state aid for certain state-leased or state-owned lands.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S02126 Detail]

Download: New_York-2015-S02126-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 2126                                                  A. 3021
                              2015-2016 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                   January 21, 2015
                                      ___________
       IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
         ed,  and  when  printed  to  be committed to the Committee on Investi-
         gations and Government Operations
       IN ASSEMBLY -- Introduced by M. of A. FAHY, McDONALD --  read  once  and
         referred to the Committee on Real Property Taxation
       AN  ACT  to  amend  the  public lands law, in relation to certain state-
         leased or state-owned lands
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 19-a of the public lands law is amended by adding a
    2  new subdivision 2-b to read as follows:
    3    2-B.  (1) NOTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE CONTRA-
    4  RY, IN ADDITION TO STATE AID OTHERWISE PAYABLE PURSUANT TO THIS SECTION,
    5  THERE SHALL BE PAYABLE TO ANY CITY LOCATED IN A COUNTY  IN  WHICH  THERE
    6  HAS  BEEN  CONSTRUCTED  A  STATE OFFICE BUILDING PROJECT KNOWN AS THE W.
    7  AVERELL HARRIMAN STATE OFFICE BUILDING CAMPUS (MORE SPECIFICALLY IDENTI-
    8  FIED ON THE ASSESSMENT ROLL OF SUCH  CITY  AS  SECTION,  LOT  AND  BLOCK
    9  NUMBERS  53.00-1-2 AND 53.00-1-9, RESPECTIVELY), STATE AID PAYABLE ANNU-
   10  ALLY, IN AN AMOUNT EQUAL TO 1.75  PERCENT  OF  SUCH  AGGREGATE  ASSESSED
   11  VALUES  OF  SUCH STATE OFFICE BUILDING PROJECT AS IT APPEARED ON THE TWO
   12  THOUSAND NINE FINAL ASSESSMENT ROLL OF SUCH CITY.
   13    (2) SUCH PAYMENTS SHALL BE FOR CITY PURPOSES ONLY, AND SHALL BEGIN  ON
   14  JUNE  FIRST,  TWO  THOUSAND FIFTEEN AND SHALL BE PAYABLE FOR A PERIOD OF
   15  TEN YEARS. FOR GREATER CERTAINTY, SUCH CITY'S ASSESSMENTS FOR THE  PROP-
   16  ERTIES  DESCRIBED  IN PARAGRAPH ONE OF THIS SUBDIVISION ARE TO REMAIN AT
   17  SUCH  TWO  THOUSAND  NINE  TOTAL  ASSESSED  VALUES,  I.E.  SIX   HUNDRED
   18  SIXTY-THREE MILLION NINE HUNDRED FIFTY THOUSAND NINE HUNDRED DOLLARS AND
   19  TEN  MILLION FOUR HUNDRED NINETEEN THOUSAND SIX HUNDRED DOLLARS, RESPEC-
   20  TIVELY, THROUGHOUT SUCH TEN  YEAR  PERIOD,  PROVIDED,  HOWEVER,  IF  ANY
   21  PORTION  OF  THE  PROPERTY  IS SOLD BY THE STATE OF NEW YORK DURING THIS
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00799-01-5
       S. 2126                             2                            A. 3021
    1  PERIOD, THEN THE SALE PRICE OF SUCH SALE  SHALL  BE  DEDUCTED  FROM  ITS
    2  APPROPRIATE ABOVE REFERENCED TOTAL ASSESSED VALUE ON THE NEXT SUCCEEDING
    3  ASSESSMENT  ROLL, AND SUCH REDUCED TOTAL ASSESSED VALUE SHALL BECOME THE
    4  NEW  BASIS FOR DETERMINING THE ANNUAL PAYMENT FOR THAT AND EACH SUCCEED-
    5  ING YEAR THEREAFTER.
    6    S 2. This act shall take effect immediately.