Makes an appropriation of seven million dollars over seven years to the Island Park School District for the purpose of stabilizing the Island Park School District and offsetting a loss of tax revenue.
STATE OF NEW YORK
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7308
2023-2024 Regular Sessions
IN SENATE
May 19, 2023
___________
Introduced by Sen. CANZONERI-FITZPATRICK -- read twice and ordered
printed, and when printed to be committed to the Committee on Finance
AN ACT making an appropriation to the Island Park School District to
offset a loss of tax revenue
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The sum of seven million dollars ($7,000,000), or so much
2 thereof as may be necessary, is hereby appropriated to the Island Park
3 School District out of any moneys in the state treasury in the general
4 fund to the credit of the local assistance account, not otherwise appro-
5 priated, and one million dollars of which shall be made immediately
6 available, and one million dollars shall be made available each year on
7 July first for six subsequent years, for the purpose of stabilizing the
8 Island Park School District and offsetting a loss of tax revenue. Such
9 moneys shall be payable on the audit and warrant of the comptroller to
10 such school district as prescribed by law.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00357-01-3
