S T A T E   O F   N E W   Y O R K
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    S. 2126                                                  A. 3021

                       2015-2016 Regular Sessions

                      S E N A T E - A S S E M B L Y

                            January 21, 2015
                               ___________

IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
  ed,  and  when  printed  to  be committed to the Committee on Investi-
  gations and Government Operations

IN ASSEMBLY -- Introduced by M. of A. FAHY, McDONALD --  read  once  and
  referred to the Committee on Real Property Taxation

AN  ACT  to  amend  the  public lands law, in relation to certain state-
  leased or state-owned lands

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

  Section 1. Section 19-a of the public lands law is amended by adding a
new subdivision 2-b to read as follows:
  2-B.  (1) NOTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE CONTRA-
RY, IN ADDITION TO STATE AID OTHERWISE PAYABLE PURSUANT TO THIS SECTION,
THERE SHALL BE PAYABLE TO ANY CITY LOCATED IN A COUNTY  IN  WHICH  THERE
HAS  BEEN  CONSTRUCTED  A  STATE OFFICE BUILDING PROJECT KNOWN AS THE W.
AVERELL HARRIMAN STATE OFFICE BUILDING CAMPUS (MORE SPECIFICALLY IDENTI-
FIED ON THE ASSESSMENT ROLL OF SUCH  CITY  AS  SECTION,  LOT  AND  BLOCK
NUMBERS  53.00-1-2 AND 53.00-1-9, RESPECTIVELY), STATE AID PAYABLE ANNU-
ALLY, IN AN AMOUNT EQUAL TO 1.75  PERCENT  OF  SUCH  AGGREGATE  ASSESSED
VALUES  OF  SUCH STATE OFFICE BUILDING PROJECT AS IT APPEARED ON THE TWO
THOUSAND NINE FINAL ASSESSMENT ROLL OF SUCH CITY.
  (2) SUCH PAYMENTS SHALL BE FOR CITY PURPOSES ONLY, AND SHALL BEGIN  ON
JUNE  FIRST,  TWO  THOUSAND FIFTEEN AND SHALL BE PAYABLE FOR A PERIOD OF
TEN YEARS. FOR GREATER CERTAINTY, SUCH CITY'S ASSESSMENTS FOR THE  PROP-
ERTIES  DESCRIBED  IN PARAGRAPH ONE OF THIS SUBDIVISION ARE TO REMAIN AT
SUCH  TWO  THOUSAND  NINE  TOTAL  ASSESSED  VALUES,  I.E.  SIX   HUNDRED
SIXTY-THREE MILLION NINE HUNDRED FIFTY THOUSAND NINE HUNDRED DOLLARS AND
TEN  MILLION FOUR HUNDRED NINETEEN THOUSAND SIX HUNDRED DOLLARS, RESPEC-
TIVELY, THROUGHOUT SUCH TEN  YEAR  PERIOD,  PROVIDED,  HOWEVER,  IF  ANY
PORTION  OF  THE  PROPERTY  IS SOLD BY THE STATE OF NEW YORK DURING THIS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00799-01-5
              

S. 2126                             2                            A. 3021

PERIOD, THEN THE SALE PRICE OF SUCH SALE  SHALL  BE  DEDUCTED  FROM  ITS
APPROPRIATE ABOVE REFERENCED TOTAL ASSESSED VALUE ON THE NEXT SUCCEEDING
ASSESSMENT  ROLL, AND SUCH REDUCED TOTAL ASSESSED VALUE SHALL BECOME THE
NEW  BASIS FOR DETERMINING THE ANNUAL PAYMENT FOR THAT AND EACH SUCCEED-
ING YEAR THEREAFTER.
  S 2. This act shall take effect immediately.