Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 29, 2014 |
reported and committed to finance |
Jan 08, 2014 |
referred to education returned to senate died in assembly |
Jun 20, 2013 |
referred to education delivered to assembly passed senate |
Jun 17, 2013 |
amended on third reading 1961b |
Jun 12, 2013 |
ordered to third reading cal.1313 committee discharged and committed to rules |
May 07, 2013 |
reported and committed to finance |
Feb 25, 2013 |
print number 1961a |
Feb 25, 2013 |
amend and recommit to education |
Jan 09, 2013 |
referred to education |
Senate Bill S1961B
2013-2014 Legislative Session
Sponsored By
(R, C) 53rd Senate District
Archive: Last Bill Status - In Senate Committee Finance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2013-S1961 - Details
- See Assembly Version of this Bill:
- A7760
- Current Committee:
- Senate Finance
- Law Section:
- Real Property Taxation
- Versions Introduced in 2011-2012 Legislative Session:
-
S6835
2013-S1961 - Summary
Establishes an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy resulting from decreases in revenue due to changes in the amount of or termination of payments in lieu of taxes receivable.
2013-S1961 - Sponsor Memo
BILL NUMBER:S1961 TITLE OF BILL: An act to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy PURPOSE: To allow the Lowville Central School District to establish a real property tax stabilization fund out of part of the proceeds of a payment in lieu of taxes (PILOT) agreement from the Maple Ridge Wind Farm. Upon termination or decrease of the PILOT payments, transfers from the fund would ease a transition in the tax levy so that taxpayers do not have to bear a sudden spike in real property taxes. SUMMARY OF PROVISIONS: Section one: The legislative findings section recognizes that the school district's current receipt of significant PILOT payments from the wind farm will at some point either terminate, or significantly decrease, which could result in a massive destabilization of the district's tax base and the amount of its tax levy to meet current budget levels. Section two: This section makes definitions of important terms in the bill, including providing that PILOT payments may mean either PILOTS under Real Property Tax Law 487 (RPTL Section creating municipalities to enter into PILOT agreements for wind energy systems) or Subdivision fifteen of § 858 of the General Municipal Law (authorizing IDA created
2013-S1961 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1961 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the private development and ownership of wind energy systems located within the Lowville Central School District may result in instability in the real property tax base and the budgets of the district due to the uncer- tainty with the assessments of such wind energy systems at the time the payments in lieu of taxes terminate. S 2. Definitions. As used in this act: (a) "Board of education" or "board" means the board of education of the Lowville Central School District. (b) "Energy system tax stabilization reserve fund" or "fund" means the energy system tax stabilization reserve fund established pursuant to this act. (c) "Payments in lieu of taxes" or "payments" means payments in lieu of taxes receivable by the school district pursuant to contracts entered into in accordance with section 487 of the real property tax law or subdivision 15 of section 858 of the general municipal law on any wind energy system located wholly or partially within the Lowville Central School District. (d) "School district" or "district" means the Lowville Central School District. (e) "Wind energy systems" shall be defined as in section 487 of the real property tax law and shall include the land upon which the system EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01518-01-3
2013-S1961A - Details
- See Assembly Version of this Bill:
- A7760
- Current Committee:
- Senate Finance
- Law Section:
- Real Property Taxation
- Versions Introduced in 2011-2012 Legislative Session:
-
S6835
2013-S1961A - Summary
Establishes an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy resulting from decreases in revenue due to changes in the amount of or termination of payments in lieu of taxes receivable.
2013-S1961A - Sponsor Memo
BILL NUMBER:S1961A TITLE OF BILL: An act to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy PURPOSE: To allow the Lowville Central School District to establish a real property tax stabilization fund out of part of the proceeds of a payment in lieu of taxes (PILOT) agreement from the Maple Ridge Wind Farm. Upon termination or decrease of the PILOT payments, transfers from the fund would ease a transition in the tax levy so that taxpayers do not have to bear a sudden spike in real property taxes. SUMMARY OF PROVISIONS: Section one: The legislative findings section recognizes that the school district's current receipt of significant PILOT payments from the wind farm will at some point either terminate, or significantly decrease, which could result in a massive destabilization of the district's tax base and the amount of its tax levy to meet current budget levels. Section two: This section makes definitions of important terms in the bill, including providing that PILOT payments may mean either PILOTS under Real Property Tax Law 487 (RPTL Section creating municipalities to enter into PILOT agreements for wind energy systems) or Subdivision
2013-S1961A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1961--A 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Education -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the private development and ownership of wind energy systems located within the Lowville Central School District may result in instability in the real property tax base and the budgets of the district due to the uncer- tainty with the assessments of such wind energy systems at the time the payments in lieu of taxes terminate. S 2. Definitions. As used in this act: (a) "Board of education" or "board" means the board of education of the Lowville Central School District. (b) "Energy system tax stabilization reserve fund" or "fund" means the energy system tax stabilization reserve fund established pursuant to this act. (c) "Payments in lieu of taxes" or "payments" means payments in lieu of taxes receivable by the school district pursuant to contracts entered into in accordance with section 487 of the real property tax law or subdivision 15 of section 858 of the general municipal law on any wind energy system located wholly or partially within the Lowville Central School District. (d) "School district" or "district" means the Lowville Central School District. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01518-02-3
2013-S1961B (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7760
- Current Committee:
- Senate Finance
- Law Section:
- Real Property Taxation
- Versions Introduced in 2011-2012 Legislative Session:
-
S6835
2013-S1961B (ACTIVE) - Summary
Establishes an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy resulting from decreases in revenue due to changes in the amount of or termination of payments in lieu of taxes receivable.
2013-S1961B (ACTIVE) - Sponsor Memo
BILL NUMBER:S1961B TITLE OF BILL: An act to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy PURPOSE: To allow the Lowville Central School District to establish a real property tax stabilization fund out of part of the proceeds of a payment in lieu of taxes (PILOT) agreement from the Maple Ridge Wind Farm. Upon termination or decrease of the PILOT payments, transfers from the fund would ease a transition in the tax levy so that taxpayers do not have to bear a sudden spike in real property taxes. SUMMARY OF PROVISIONS: Section one: The legislative findings section recognizes that the school district's current receipt of significant PILOT payments from the wind farm will at some point either terminate, or significantly decrease, which could result in a massive destabilization of the district's tax base and the amount of its tax levy to meet current budget levels. Section two: This section makes definitions of important terms in the bill, including providing that PILOT payments may mean either PILOTS under Real Property Tax Law 487 (RPTL Section creating municipalities to enter into PILOT agreements for wind energy systems) or Subdivision
2013-S1961B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1961--B Cal. No. 1313 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Education -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged and said bill committed to the Committee on Rules -- ordered to a third read- ing, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to establish an energy system tax stabilization reserve fund in the Lowville Central School District to lessen or prevent increases in the school district's real property tax levy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the private development and ownership of wind energy systems located within the Lowville Central School District may result in instability in the real property tax base and the budgets of the district due to the uncer- tainty with the assessments of such wind energy systems at the time the payments in lieu of taxes terminate. S 2. Definitions. As used in this act: (a) "Board of education" or "board" means the board of education of the Lowville Central School District. (b) "Energy system tax stabilization reserve fund" or "fund" means the energy system tax stabilization reserve fund established pursuant to this act. (c) "Payments in lieu of taxes" or "payments" means payments in lieu of taxes receivable by the school district pursuant to contracts entered into in accordance with section 487 of the real property tax law or subdivision 15 of section 858 of the general municipal law on any wind EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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