This bill has been amended

Bill S7625A-2013

Relates to certain municipalities receiving state aid

Relates to certain municipalities receiving state aid.

Details

Actions

  • Jun 9, 2014: ADVANCED TO THIRD READING
  • Jun 3, 2014: 2ND REPORT CAL.
  • Jun 2, 2014: 1ST REPORT CAL.1091
  • May 27, 2014: PRINT NUMBER 7625A
  • May 27, 2014: AMEND AND RECOMMIT TO FINANCE
  • May 20, 2014: REFERRED TO FINANCE

Meetings

Calendars

Votes

Memo

BILL NUMBER:S7625A

TITLE OF BILL: An act to amend the state finance law, in relation to certain municipalities receiving state aid

PURPOSE: To amend the state finance law, in relation to certain municipalities receiving state aid.

SUMMARY OF PROVISIONS: Allows newly incorporated village, towns, or cities post 2005 to permanently receive AIM funding according to State Finance Law.

JUSTIFICATION: These newly incorporated village, towns, or cities are excluded from AIM funding solely on the basis of being incorporated post 2005 according to State Finance Law Section 54.

LEGISLATIVE HISTORY: New Bill.

FISCAL IMPLICATIONS: Permanently allocated AIM funds to newly incorporated village, towns, or cities.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 7625--A IN SENATE May 20, 2014 ___________
Introduced by Sens. LARKIN, ZELDIN -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to certain munici- palities receiving state aid THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (viii) of paragraph a of subdivision 10 of section 54 of the state finance law is amended by adding a new clause 3 to read as follows: (3) FOR THE STATE FISCAL YEAR COMMENCING APRIL FIRST, TWO THOUSAND FOURTEEN AND IN EACH STATE FISCAL YEAR THEREAFTER, THE AMOUNT OF MISCEL- LANEOUS FINANCIAL ASSISTANCE FROM THE LOCAL ASSISTANCE ACCOUNT RECEIVED BY A VILLAGE IN THE FISCAL YEAR BEGINNING APRIL FIRST, TWO THOUSAND THIRTEEN. S 2. This act shall take effect immediately.

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