S T A T E   O F   N E W   Y O R K
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                                   843

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M. of A. LIFTON, GALEF -- Multi-Sponsored by -- M. of A.
  HOOPER -- read once and referred to the  Committee  on  Real  Property
  Taxation

AN  ACT  to  amend  the  real property tax law, in relation to providing
  state aid to certain municipalities in which the lands  of  the  state
  university of New York are situate

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

  Section 1. The real property tax  law  is  amended  by  adding  a  new
section 546-a to read as follows:
  S  546-A.  STATE  AID; EXEMPT LANDS OF STATE UNIVERSITY. 1. (A) IN ANY
ASSESSING UNIT IN WHICH MORE THAN FIFTEEN PERCENT OF THE TOTAL  ASSESSED
VALUE  OF  REAL  PROPERTY THEREIN, AS DETERMINED BY THE ASSESSOR OF SUCH
UNIT, IS OWNED BY THE STATE UNIVERSITY,  THE  STATE  SHALL  MAKE  ANNUAL
PAYMENTS PURSUANT TO THIS SECTION.
  (B)  FOR  THE PURPOSES OF THIS SECTION, THE ASSESSED VALUE OF THE REAL
PROPERTY OF STATUTORY OR CONTRACT COLLEGES  AT  CORNELL  UNIVERSITY  AND
ALFRED  UNIVERSITY,  AS DESIGNATED IN SUBDIVISION THREE OF SECTION THREE
HUNDRED FIFTY-TWO OF THE EDUCATION LAW, IN AN ASSESSING  UNIT  SHALL  BE
DETERMINED  BY  THE  NUMBER  OF  STUDENTS  ENROLLED IN SUCH STATUTORY OR
CONTRACT COLLEGES AT THE UNIVERSITY CAMPUS WHICH INCLUDES SUCH COLLEGES,
DIVIDED BY THE TOTAL NUMBER OF  STUDENTS  ENROLLED  AT  SUCH  UNIVERSITY
CAMPUS,  MULTIPLIED  BY  THE  ASSESSED VALUE OF THE REAL PROPERTY OF THE
UNIVERSITY CAMPUS LYING WITHIN THE ASSESSING UNIT.
  2. THE COMMISSIONER SHALL ANNUALLY MAKE  PAYMENTS,  THE  AGGREGATE  OF
WHICH  SHALL  NOT  EXCEED TWENTY-FIVE MILLION DOLLARS PER YEAR, TO COUN-
TIES, CITIES, TOWNS AND VILLAGES, ELIGIBLE PURSUANT TO PARAGRAPH (A)  OF
SUBDIVISION  ONE  OF  THIS  SECTION,  THAT  HAVE MADE TIMELY APPLICATION
THEREFOR. FOR EACH  SUCH  MUNICIPALITY,  THE  PAYMENT  SHALL  EQUAL  THE
ASSESSED  VALUE  OF  ALL  REAL  PROPERTY OF THE STATE UNIVERSITY IN SUCH

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

                                                           LBD02504-01-3

A. 843                              2

MUNICIPALITY, MULTIPLIED BY THE APPLICABLE EQUALIZATION RATE, DIVIDED BY
THE PRODUCT OF THE ASSESSED VALUE OF ALL  REAL  PROPERTY  OF  THE  STATE
UNIVERSITY IN ALL ELIGIBLE MUNICIPALITIES THAT HAVE MADE TIMELY APPLICA-
TION UNDER THIS SECTION AND THE APPLICABLE EQUALIZATION RATE, MULTIPLIED
BY  THE OVERALL AMOUNT OF PAYMENTS APPROPRIATED FOR THE PURPOSES OF THIS
SECTION. WHERE TWO OR MORE ELIGIBLE MUNICIPALITIES SUBMIT TIMELY  APPLI-
CATIONS  COVERING  IN  PART  OR  IN  FULL THE SAME PARCELS, ONE COMBINED
PAYMENT SHALL BE CALCULATED FOR ALL SUCH MUNICIPALITIES.  SUCH  COMBINED
PAYMENT  SHALL BE BASED ON THE MUNICIPALITY WITH THE GREATER POPULATION,
AND SHALL BE APPORTIONED AMONG SUCH MUNICIPALITIES IN PROPORTION TO  THE
AMOUNT  OF REAL PROPERTY TAX WHICH WOULD HAVE BEEN RECEIVED BY EACH SUCH
MUNICIPALITY FOR THE PORTION OF THE REAL PROPERTY OF THE STATE UNIVERSI-
TY IN SUCH MUNICIPALITY HAD THE STATE UNIVERSITY NOT BEEN TAX EXEMPT, IN
RELATION TO THE TOTAL OF SUCH AMOUNTS.
  3. THE COMMISSIONER SHALL PROMULGATE ALL RULES AND REGULATIONS  NECES-
SARY FOR THE IMPLEMENTATION OF THE PROVISIONS OF THIS SECTION.
  4. FOR THE PURPOSES OF THIS SECTION, "STATE UNIVERSITY" SHALL MEAN AND
INCLUDE  ALL  THOSE  INSTITUTIONS  ENUMERATED  IN  SUBDIVISION  THREE OF
SECTION THREE HUNDRED FIFTY-TWO OF THE EDUCATION LAW.
  S 2. This act shall take effect on the first of January next  succeed-
ing  the  date  on  which  it shall have become a law and shall apply to
assessment rolls prepared on the basis of taxable status dates occurring
on or after such effective date; provided, however, that any  rules  and
regulations  necessary  to  implement  the provisions of this act on its
effective date are authorized and  directed  to  be  promulgated  on  or
before such date.