Provides that municipalities made coterminous may qualify for the citizen empowerment tax credit and the local government citizens re-organization empowerment grant program.
STATE OF NEW YORK
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10738
IN ASSEMBLY
June 18, 2012
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Introduced by COMMITTEE ON RULES -- (at request of M. of A. Cahill) --
read once and referred to the Committee on Ways and Means
AN ACT to amend the state finance law, in relation to providing that
municipalities made coterminous may qualify for the citizen empower-
ment tax credit and the local government citizens re-organization
empowerment grant program
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraph (ii) of paragraph p of subdivision 10 of
2 section 54 of the state finance law, as amended by section 2 of part K
3 of chapter 57 of the laws of 2011, is amended to read as follows:
4 (ii) Within the annual amounts appropriated therefor, surviving muni-
5 cipalities following a consolidation or dissolution occurring on or
6 after the state fiscal year commencing April first, two thousand seven
7 shall be awarded additional annual aid, starting in the state fiscal
8 year following the state fiscal year in which such consolidation or
9 dissolution took effect, equal to fifteen percent of the combined amount
10 of real property taxes levied by all of the municipalities participating
11 in the consolidation or dissolution in the local fiscal year prior to
12 the local fiscal year in which such consolidation or dissolution took
13 effect. In instances of the dissolution of a village located in more
14 than one town, such additional aid shall equal the sum of fifteen
15 percent of the real property taxes levied by such village in the village
16 fiscal year prior to the village fiscal year in which such dissolution
17 took effect plus fifteen percent of the average amount of real property
18 taxes levied by the towns in which the village was located in the town
19 fiscal year prior to the town fiscal year in which such dissolution took
20 effect, and shall be divided among such towns based on the percentage of
21 such village's population that resided in each such town as of the most
22 recent federal decennial census. In no case shall the additional aid
23 pursuant to this paragraph exceed one million dollars. Such additional
24 aid shall be apportioned and paid to the chief fiscal officer of each
25 eligible municipality on or before September twenty-fifth of each such
26 state fiscal year on audit and warrant of the state comptroller out of
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16288-01-2
A. 10738 2
1 moneys appropriated by the legislature for such purpose to the credit of
2 the local assistance fund. For the purposes of being eligible for a
3 citizen empowerment tax credit, in addition to any other municipality
4 which is eligible, a town shall be deemed the surviving municipality in
5 the case of a town and village existing as of July first, two thousand
6 twelve, which thereafter, but not before, share a coterminous boundary.
7 In the case of a town which qualifies for a citizen empowerment tax
8 credit as a result of sharing a coterminous boundary with a village, the
9 secretary of state is authorized to make rules and regulations to imple-
10 ment the tax credit in circumstances where the secretary determines such
11 coterminous nature will result in savings to taxpayers.
12 § 2. Clause 2 of subparagraph (i) of paragraph q of subdivision 10 of
13 section 54 of the state finance law, as added by section 3 of part K of
14 chapter 57 of the laws of 2011, is amended to read as follows:
15 (2) For the purposes of this paragraph, "local government re-organiza-
16 tion" shall mean the consolidation or dissolution of a local government
17 entity in accordance with article seventeen-A of the general municipal
18 law or the making of the boundaries of a town and village existing on
19 July first, two thousand twelve coterminous in a manner which would
20 qualify the town for a citizen empowerment tax credit.
21 § 3. This act shall take effect immediately.