Bill S7625B-2013

Relates to certain municipalities receiving state aid

Relates to certain municipalities receiving state aid.

Details

Actions

  • Jun 16, 2014: SUBSTITUTED BY A8761C
  • Jun 9, 2014: AMENDED ON THIRD READING 7625B
  • 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

Calendars

Memo

BILL NUMBER:S7625B

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--B Cal. No. 1091 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 -- reported favorably from said commit- tee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading 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 FIFTEEN 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 FOURTEEN. S 2. This act shall take effect immediately.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus