NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A6554A
SPONSOR: Brown E TITLE OF BILL:
An act to amend chapter 676 of the laws of 1978, amending the town law
relating to payment in lieu of taxes for certain property in the town of
Hempstead, in relation to extending the expiration thereof
PURPOSE:
Extending a PILOT program for Lido Beach for two years.
SUMMARY OF PROVISIONS:
Section 1: Extends the payment in lieu of taxes for certain property in
the Town of Hempstead from June 2023 to June 2025.
Section 2: Provides the effective date.
JUSTIFICATION:
This town law relating to payment in lieu of taxes for certain property
in the Town of Hempstead has been renewed every five years and is
currently due to expire in June 30, 2023. This will extend it to June
30, 2025.,
LEGISLATIVE HISTORY:
New bill
FISCAL IMPLICATIONS:
To be determined.
EFTECTIVE DATE:
This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
6554--A
2023-2024 Regular Sessions
IN ASSEMBLY
April 18, 2023
___________
Introduced by M. of A. E. BROWN -- read once and referred to the Commit-
tee on Local Governments -- reported and referred to the Committee on
Ways and Means -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
AN ACT to amend chapter 676 of the laws of 1978, amending the town law
relating to payment in lieu of taxes for certain property in the town
of Hempstead, in relation to extending the expiration thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 2 of chapter 676 of the laws of 1978, amending the
2 town law relating to payment in lieu of taxes for certain property in
3 the town of Hempstead, as amended by chapter 86 of the laws of 2018, is
4 amended to read as follows:
5 § 2. This act shall take effect July 1, 1978 and shall be operative
6 only to and including June 30, [2023] 2025.
7 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10652-03-3
