Bill S3062A-2013

Provides an alternative method for equalization in the Riverhead central school district in order to provide tax stability

Provides an alternative method for equalization in the Riverhead central school district in order to provide tax stability.

Details

Actions

  • Mar 25, 2014: PRINT NUMBER 3062A
  • Mar 25, 2014: AMEND AND RECOMMIT TO LOCAL GOVERNMENT
  • Jan 8, 2014: REFERRED TO LOCAL GOVERNMENT
  • Jan 29, 2013: REFERRED TO LOCAL GOVERNMENT

Memo

BILL NUMBER:S3062A

TITLE OF BILL: An act in relation to providing an alternative method for equalization in the Riverhead central school district in order to provide tax stability; and providing for the repeal of such provisions upon expiration thereof

PURPOSE:

This legislation provides an alternative method for equalization in Riverhead Central School District.

SUMMARY OF PROVISIONS:

Section 1. The Riverhead Central School District shall have its school taxes apportioned among the towns by taking the average of the apportionment of school taxes for each town for the previous five years as calculated pursuant to Section 1314 of the Real Property Tax Law, including the year for which the taxes are to be levied. This act has an immediate effective date and shall apply to the apportionment of school taxes for years occurring after the effective date up until December 31, 2018 when the provisions of this act shall expire.

Section 2. Directs the Riverhead Central School District, in consultation with the Department of Taxation and Finance, to prepare a report that is to be submitted to the Governor, the Temporary President of the Senate and the Speaker of the Assembly on or before December 31, 2018 describing and evaluating the effectiveness and administration of this method for equalization. The report shall include, but not be limited to, for each year the program exists, a comparison of the utilized apportioned school taxes to those that would have been utilized if not for the program, an evaluation as to whether the use of a five-year average of apportionment of school taxes is beneficial to the property owners within the school district and recommendations for any legislative action.

Section 3. This act has an immediate effective date and shall apply to the apportionment of school taxes for years occurring after the effective date up until December 31, 2018 when the provisions of this act shall expire.

JUSTIFICATION:

Since the Riverhead Central School District has its tax rates apportioned between the towns of Riverhead, Brookhaven and Southampton, this legislation is necessary to provide greater tax stabilization by establishing an alternative method for equalization.

LEGISLATIVE HISTORY:

2011-12: S.4884B/A.2401E

FISCAL IMPLICATIONS:

None to the State.

EFFECTIVE DATE:

This act shall take effect immediately and shall apply to the apportionment of school taxes for years occurring after the effective date, provided that this act shall remain in full force and effect until December 31, 2018, when upon such date this act shall expire and be deemed repealed.


Text

STATE OF NEW YORK ________________________________________________________________________ S. 3062--A A. 3886--A 2013-2014 Regular Sessions S E N A T E - A S S E M B L Y January 29, 2013 ___________
IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment -- recommitted to the Committee on Local Government in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred to the Committee on Real Property Taxation -- recommitted to the Committee on Real Property Taxation in accordance with Assembly Rule 3, sec. 2 -- reported and referred to the Committee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT in relation to providing an alternative method for equalization in the Riverhead central school district in order to provide tax stability; and providing for the repeal of such provisions upon expi- ration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of section 1314 of the real property tax law or any other law to the contrary, in the Riverhead central school district, school taxes shall be apportioned among the towns by taking the average of the apportionment of school taxes for each town for the previous five years as calculated pursuant to section 1314 of the real property tax law, including the year for which the taxes are to be levied. S 2. The Riverhead central school district, in consultation with the department of taxation and finance, shall prepare a report on or before December 31, 2018. Such report shall describe and evaluate the effec- tiveness and administration of this program and shall include, but not be limited to, for each year that the program exists, a comparison of the utilized apportioned school taxes to those that would have been
utilized if not for the program, an evaluation as to whether the use of a five year average of apportionment of school taxes is beneficial to the property owners within the school district and recommendations for any legislative action. The report shall be submitted to the governor, the temporary president of the senate and the speaker of the assembly. S 3. This act shall take effect immediately and shall apply to the apportionment of school taxes for years occurring after such effective date, provided that this act shall remain in full force and effect until December 31, 2018, when upon such date this act shall expire and be deemed repealed.

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