S03104 Summary:

BILL NOS03104
 
SAME ASSAME AS A04172
 
SPONSORKAPLAN
 
COSPNSRTHOMAS
 
MLTSPNSR
 
Amd §3-c, Gen Muni L
 
Excludes water district capital expenditures from the tax cap.
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S03104 Actions:

BILL NOS03104
 
01/27/2021REFERRED TO LOCAL GOVERNMENT
01/05/2022REFERRED TO LOCAL GOVERNMENT
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S03104 Committee Votes:

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S03104 Floor Votes:

There are no votes for this bill in this legislative session.
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S03104 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3104
 
                               2021-2022 Regular Sessions
 
                    IN SENATE
 
                                    January 27, 2021
                                       ___________
 
        Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government
 
        AN ACT to amend the general municipal  law,  in  relation  to  excluding
          water district capital expenditures from the tax cap
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subparagraph (iv) of paragraph  (g)  of  subdivision  2  of
     2  section  3-c of the general municipal law, as added by section 1 of part
     3  A of chapter 97 of the laws of 2011, is amended and a  new  subparagraph
     4  (v) is added to read as follows:
     5    (iv)  in  years  in which the normal contribution rate of the New York
     6  state teachers' retirement system, as defined by paragraph a of subdivi-
     7  sion two of  section  five  hundred  seventeen  of  the  education  law,
     8  increases  by  more than two percentage points from the previous year, a
     9  tax levy necessary for expenditures for the coming fiscal year for local
    10  government employer  contributions  to  the  New  York  state  teachers'
    11  retirement system caused by growth in the normal contribution rate minus
    12  two percentage points[.];
    13    (v) a tax levy necessary to fund water district capital expenditures.
    14    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01265-01-1
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