Allocates an amount equal to one-half the net collections from taxes in Suffolk county to the towns and villages of the county of Suffolk on the basis of the ratio which the full valuation of real property in each town outside the village or village bears to the aggregate full valuation of real property.

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A7235-2011 Actions

• Jun 19, 2012: held for consideration in ways and means
• Jan 4, 2012: referred to ways and means
• Apr 19, 2011: referred to ways and means

A7235-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    7235

                         2011-2012 Regular Sessions

                            I N  ASSEMBLY

                               April 19, 2011
                                 ___________

  Introduced by M. of A. THIELE -- read once and referred to the Committee
    on Ways and Means

  AN  ACT  to amend the tax law, in relation to the allocation of revenues
    from sales and use taxes to villages  wholly  or  partially  contained
    within Suffolk county

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Subdivision (c) of  section  1262-j  of  the  tax  law,  as
  amended  by  chapter  283  of  the  laws  of 2009, is amended to read as
  follows:

    (c) Notwithstanding any provision of law to the contrary, of  the  net
  collections  received  by  the  county  of  Suffolk  as  a result of the
  increase of one percent to the tax authorized by section twelve  hundred
  ten  of  this  article for the period beginning June first, two thousand
  one and ending November thirtieth, two thousand eleven, imposed by local
  laws or resolutions (by simple majority) by the county legislature,  and
  signed  by  the  county  executive, the county of Suffolk shall allocate
  such net collections as follows: (1) no less than one-eighth and no more
  than three-eighths of such net collections received shall  be  dedicated
  for  public  safety  purposes;  (2)  AN AMOUNT EQUAL TO ONE-HALF THE NET
  COLLECTIONS TO THE TOWNS AND VILLAGES OF THE COUNTY OF  SUFFOLK  ON  THE
  BASIS  OF  THE  RATIO  WHICH THE FULL VALUATION OF REAL PROPERTY IN EACH
  TOWN OUTSIDE THE VILLAGE OR VILLAGE BEARS TO THE  AGGREGATE  FULL  VALU-
  ATION  OF  REAL  PROPERTY  IN  THE  COUNTY; and (3) the balance shall be
  deposited in the general fund of the county of Suffolk.
    S 2. This act shall take effect immediately.


   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD10682-01-1