A04658 Summary:

BILL NOA04658B
 
SAME ASSAME AS S01138-B
 
SPONSORFahy (MS)
 
COSPNSRMcDonald
 
MLTSPNSR
 
Amd S19-a, Pub Lds L
 
Authorizes payment of additional state aid for certain state-leased or state-owned lands.
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A04658 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A4658B
 
SPONSOR: Fahy (MS)
  TITLE OF BILL: An act to amend the public lands law, in relation to certain state-leased or state-owned lands   PURPOSE OR GENERAL IDEA OF BILL: Authorizes payment of additional state aid for certain state-leased or state-owned lands   SUMMARY OF SPECIFIC PROVISIONS: Section 1 - amends section 19-a of the public lands law by adding a new subdivision 2-b Section 2 is the effective date   JUSTIFICATION: This legislation which was requested by the City of Albany would provide for payment in lieu of taxes (PILOT). Currently, nearly 60% of the City is tax-exempt, largely as a result of State ownership. This legislation proposes a PILOT payment of 1.75% of the present value of the Harriman Campus, an amount that would be approximately $11.7 million annually. The bill provides that this amount would be paid annually for ten years and would decrease sooner if the Harriman Campus is privatized.   PRIOR LEGISLATIVE HISTORY: 2012: A.10022/S.7201   FISCAL IMPLICATIONS: To be determined   EFFECTIVE DATE: This act shall take effect immediately
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A04658 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         4658--B
 
                               2013-2014 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 7, 2013
                                       ___________
 
        Introduced  by  M. of A. FAHY, McDONALD -- read once and referred to the
          Committee on Real Property  Taxation  --  committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee -- recommitted to the  Committee  on  Real  Property  Taxation  in
          accordance  with Assembly Rule 3, sec. 2 -- committee discharged, bill

          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
 
        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 fourteen 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  sixty-

    18  three  million  nine hundred fifty thousand nine hundred dollars and ten
    19  million four hundred nineteen thousand six hundred dollars,  respective-
    20  ly,  throughout  such ten year period, provided, however, if any portion
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01954-05-4

        A. 4658--B                          2
 
     1  of the property is sold by the state of New  York  during  this  period,
     2  then  the sale price of such sale shall be deducted from its appropriate
     3  above referenced total assessed value on the next succeeding  assessment

     4  roll,  and  such reduced total assessed value shall become the new basis
     5  for determining the annual payment for that  and  each  succeeding  year
     6  thereafter.
     7    § 2. This act shall take effect immediately.
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