S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2131
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 18, 2011
                                      ___________
       Introduced  by  Sen.  SKELOS -- read twice and ordered printed, and when
         printed to be committed to the Committee on Local Government
       AN ACT in relation to authorizing the Bay Park fire district  to  refund
         and pay a portion of the existing funds in its capital reserve account
         to the taxpayers of the district
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Notwithstanding the provisions set forth in section 6-g  of
    2  the  general  municipal  law,  the Bay Park fire district in the town of
    3  Hempstead, county of Nassau, is hereby authorized to transfer any  unex-
    4  pended  funds contained in the district's existing capital reserve fund;
    5  to any fund legally established by  such  district  including,  but  not
    6  limited  to  its general fund in order to provide property tax relief to
    7  the property owners of the district.
    8    S 2. Such transfer shall be of an amount to be  determined  by  resol-
    9  ution of the board of fire commissioners of the district.
   10    S  3.  This  authorization  shall  apply  only  to funds placed in the
   11  district's capital reserve account prior to the effective date  of  this
   12  act, and any interest thereon.
   13    S 4. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD04208-01-1