Assembly Bill A5876

2019-2020 Legislative Session

Provides a $500,000 supplemental valuation impact grant to the West Valley central school district during the 2019 -- 2020 school year

download bill text pdf

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Archive: Last Bill Status - In Assembly 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

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2019-A5876 (ACTIVE) - Details

See Senate Version of this Bill:
S7220
Current Committee:
Assembly Real Property Taxation
Law Section:
Education Law
Laws Affected:
Amd §3641, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: S8189
2011-2012: A1955, S859
2013-2014: A6018, S3780
2015-2016: A5429, S2772
2017-2018: A5005, S557

2019-A5876 (ACTIVE) - Summary

Provides a $500,000 supplemental valuation impact grant to the West Valley central school district for the 2019 - 2020 school year.

2019-A5876 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5876
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 20, 2019
                                ___________
 
 Introduced  by  M.  of A. GIGLIO, LAWRENCE, McDONOUGH, B. MILLER -- read
   once and referred to the Committee on Real Property Taxation
 
 AN ACT to amend the education law, in relation to  providing  a  supple-
   mental  valuation  impact  grant  to  the  West  Valley central school
   district

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    Subdivision  3 of section 3641 of the education law, as
 added by section 29-a of part B of chapter 57 of the laws of 2008, para-
 graph a as amended by section 31 of part A of chapter 57 of the laws  of
 2009, is amended to read as follows:
   3. Supplemental valuation impact grants.  a. In addition to apportion-
 ments otherwise provided by section thirty-six hundred two of this arti-
 cle,  for aid payable in the two thousand [eight] NINETEEN--two thousand
 [nine and two thousand nine--two thousand  ten]  TWENTY  school  [years]
 YEAR, the [amounts] AMOUNT specified in [paragraphs] PARAGRAPH c [and d]
 of  this  subdivision  shall  be paid for the purpose of providing addi-
 tional funding for A school [districts] DISTRICT which [have experienced
 a significant financial hardship caused by an  extraordinary  change  in
 the taxable property valuation or extraordinary judgments resulting from
 tax  certiorari  proceedings]  HAS MORE THAN EIGHTY-THREE PERCENT OF ITS
 REAL PROPERTY CLASSIFIED AS TAX EXEMPT.
   b. The purpose of this subdivision is to provide financial  assistance
 to  A  school [districts] DISTRICT which [have experienced a significant
 reduction in the taxable full value of the school district  or  extraor-
 dinary  tax  certiorari judgments] HAS MORE THAN EIGHTY-THREE PERCENT OF
 ITS REAL PROPERTY CLASSIFIED AS TAX EXEMPT.  The legislature finds  that
 A  school  [districts for which a judgment was made resulting from a tax
 certiorari proceeding which is larger  than  the  total  budget  of  the
 school  district  for school year two thousand seven--two thousand eight
 or for school districts] DISTRICT which [have observed  a  reduction  of

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

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