STATE OF NEW YORK
________________________________________________________________________
497
2015-2016 Regular Sessions
IN ASSEMBLY(Prefiled)
January 7, 2015
___________
Introduced by M. of A. GANTT -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the state finance law, in relation to aid and incentives
for municipalities with populations of greater than two hundred thou-
sand
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraph (vi) of paragraph e of subdivision 10 of
2 section 54 of the state finance law, as amended by section 2 of part GG
3 of chapter 56 of the laws of 2009, is relettered subparagraph (vii) and
4 amended and a new subparagraph (vi) is added to read as follows:
5 (vi) Commencing with the state fiscal year commencing on April first,
6 two thousand fifteen and thereafter, all municipalities with a popu-
7 lation of greater than two hundred thousand shall receive equal per
8 capita aid provided pursuant to this subdivision. Per capita aid shall
9 be increased for all municipalities with a population of greater than
10 two hundred thousand to the highest per capita aid calculated pursuant
11 to this subdivision for a municipality with a population greater than
12 two hundred thousand.
13 (vii) If sufficient funds are not available for additional aid in the
14 amount authorized pursuant to subparagraphs (ii), (iii), (iv) [and], (v)
15 and (vi) of this paragraph, additional aid shall be apportioned to each
16 municipality eligible for such aid based on the municipality's pro rata
17 share of available funds.
18 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02834-01-5
