STATE OF NEW YORK
________________________________________________________________________
5312
2023-2024 Regular Sessions
IN ASSEMBLY
March 7, 2023
___________
Introduced by M. of A. J. M. GIGLIO -- read once and referred to the
Committee on Education
AN ACT to amend the education law, in relation to providing a supple-
mental valuation impact grant to the West Valley central school
district
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 3 of section 3641 of the education law, as
2 added by section 29-a of part B of chapter 57 of the laws of 2008, para-
3 graph a as amended by section 31 of part A of chapter 57 of the laws of
4 2009, is amended to read as follows:
5 3. Supplemental valuation impact grants. a. In addition to apportion-
6 ments otherwise provided by section thirty-six hundred two of this arti-
7 cle, for aid payable in the two thousand [eight] twenty-three--two thou-
8 sand [nine and two thousand nine--two thousand ten] twenty-four school
9 [years] year, the [amounts] amount specified in [paragraphs] paragraph c
10 [and d] of this subdivision shall be paid for the purpose of providing
11 additional funding for a school [districts] district which [have experi-
12 enced a significant financial hardship caused by an extraordinary change
13 in the taxable property valuation or extraordinary judgments resulting
14 from tax certiorari proceedings] has more than eighty-three percent of
15 its real property classified as tax exempt.
16 b. The purpose of this subdivision is to provide financial assistance
17 to a school [districts] district which [have experienced a significant
18 reduction in the taxable full value of the school district or extraor-
19 dinary tax certiorari judgments] has more than eighty-three percent of
20 its real property classified as tax exempt. The legislature finds that
21 a school [districts for which a judgment was made resulting from a tax
22 certiorari proceeding which is larger than the total budget of the
23 school district for school year two thousand seven--two thousand eight
24 or for school districts] district which [have observed a reduction of
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09590-01-3
A. 5312 2
1 taxable real property of more than seventy-five percent between school
2 year two thousand five--two thousand six and school year two thousand
3 eight--two thousand nine] has more than eighty-three percent of its real
4 property classified as tax exempt during school year two thousand twen-
5 ty-three--two thousand twenty-four may benefit from temporary additional
6 assistance.
7 c. To the [Barker central school district, there shall be paid one
8 million three hundred thousand dollars ($1,300,000). Such grant shall be
9 payable to the Barker central school district in accordance with the
10 payment schedules contained in section thirty-six hundred nine-a of this
11 article, notwithstanding any provision of law to the contrary.
12 d. To the Haverstraw-Stony Point central school district, there shall
13 be paid two million five hundred thousand dollars ($2,500,000). Such
14 grant shall be payable to the Haverstraw-Stony Point central school
15 district in accordance with the payment schedules contained in section
16 thirty-six hundred nine-a of this article, notwithstanding any provision
17 of law to the contrary] West Valley central school district, there shall
18 be paid five hundred thousand dollars ($500,000). Such grant shall be
19 payable to the West Valley central school district in accordance with
20 the payment schedules contained in section thirty-six hundred nine-a of
21 this article, notwithstanding any provision of law to the contrary.
22 § 2. This act shall take effect immediately.
