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S05069 Summary:

BILL NOS05069
 
SAME ASSAME AS A06185
 
SPONSORMAYER
 
COSPNSRHARCKHAM, MANNION
 
MLTSPNSR
 
Amd §1318, RPT L
 
Relates to the amount of surplus funds which may be retained by a school district; establishes surplus funds for the 2020-2021 school year through the 2024-2025 school year shall mean any operating funds in excess of 8% of the current school year budget.
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S05069 Actions:

BILL NOS05069
 
02/23/2021REFERRED TO LOCAL GOVERNMENT
01/05/2022REFERRED TO LOCAL GOVERNMENT
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S05069 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5069
 
                               2021-2022 Regular Sessions
 
                    IN SENATE
 
                                    February 23, 2021
                                       ___________
 
        Introduced  by  Sen.  MAYER  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government
 
        AN ACT to amend the real property tax law, in relation to the amount  of
          surplus  funds which may be retained by a school district; and provid-
          ing for the repeal of such provisions upon expiration thereof

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 1 of section 1318 of the real property tax law,
     2  as  amended  by  chapter  238 of the laws of 2007, is amended to read as
     3  follows:
     4    1. The warrant of the collecting officer shall be signed by the  trus-
     5  tee,  or  the trustees, or a majority of them, or the board of education
     6  or a majority thereof. Such warrant shall state the amount of unexpended
     7  surplus funds in the custody of the board and shall further  state  that
     8  except  as  authorized or required by law, such unexpended surplus funds
     9  have been applied in determining the amount of the school tax levy.  For
    10  the two thousand seven--two thousand eight school year, surplus funds as
    11  used  in  this  subdivision  shall mean any operating funds in excess of
    12  three percent of the current school year budget, and shall  not  include
    13  funds  properly  retained under other sections of law. For the two thou-
    14  sand eight--two thousand nine school year, and thereafter, surplus funds
    15  as used in this subdivision shall mean any operating funds in excess  of
    16  four  percent  of  the current school year budget, and shall not include
    17  funds properly retained under other sections of law. For the  two  thou-
    18  sand  twenty--two  thousand twenty-one school year through the two thou-
    19  sand twenty-four--two thousand twenty-five school year, surplus funds as
    20  used in this subdivision shall mean any operating  funds  in  excess  of
    21  eight  percent  of the current school year budget, and shall not include
    22  funds properly retained under other sections of law. Such warrant  shall
    23  have  the same force and effect as a warrant issued by a board of super-
    24  visors to a collecting officer in a town. The collecting officer to whom
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09780-02-1

        S. 5069                             2
 
     1  it may be delivered for  collection  shall  be  thereby  authorized  and
     2  required  to collect from every person named on such school tax roll the
     3  sum set opposite his name, or the amount due from any  person  specified
     4  therein,  in  the  same  manner and with the same powers that collecting
     5  officers in towns are authorized to collect taxes levied by the board of
     6  supervisors.
     7    § 2. This act shall take effect immediately and shall  expire  and  be
     8  deemed repealed July 1, 2025.
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