NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A4303
SPONSOR: Gunther TITLE OF BILL:
An act to amend the real property tax law, in relation to state aid for
certain towns adversely affected by a concentration of tax exempt prop-
erty
PURPOSE OR GENERAL IDEA OF BILL:
The bill would create a new category of state aid to certain cities,
towns, villages, or fire districts based on the amount of tax exempt
property in the jurisdiction. To be eligible, certain cities, towns,
villages, or fire districts must have at least thirty-five percent of
their real property exempt from taxation. Funds would be allocated by
formula, with fifty percent distributed on the basis of population and
the other fifty percent allocated by the amount of tax exempt property.
SUMMARY OF SPECIFIC PROVISIONS:
Amends the Real Property Tax Law by adding a new Section.
JUSTIFICATION:
The concentration of governmental, institutional and other non-profit
uses deprives the town governments of a major portion of their potential
property tax revenue, while increasing the burden on town services.
PRIOR LEGISLATIVE HISTORY:
2021-2022: A5219 referred to Real Property Taxation
2019-2020: A2089 referred to Real Property Taxation
2017-2018: A732 referred to Real Property Taxation/S745 referred to
Local Government
2015-2016: A1026A referred to Real Property Taxation/S1821A referred to
Local Government
2013-2014: A1079 referred to Real Property Taxation
2011-2012: A425 referred to Real Property Taxation
2009-2010: A790 referred to Real Property Taxation
2007-2008: A10053 referred to Real Property Taxation
FISCAL IMPLICATIONS:
Subject to budgetary appropriation.
EFFECTIVE DATE:
This bill would take effect immediately and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on and
after the date on which this act shall have become a law.
STATE OF NEW YORK
________________________________________________________________________
4303
2023-2024 Regular Sessions
IN ASSEMBLY
February 14, 2023
___________
Introduced by M. of A. GUNTHER, BARRETT, LUPARDO, SANTABARBARA, BLANKEN-
BUSH, BARCLAY, BRABENEC, LEMONDES -- read once and referred to the
Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to state aid for
certain towns adversely affected by a concentration of tax exempt
property
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The real property tax law is amended by adding a new
2 section 532-a to read as follows:
3 § 532-a. Certain lands subject to state payments. In any city, town,
4 village or fire district in which the total amount of tax exempt proper-
5 ty represents more than thirty-five percent, by value, of the total
6 amount of property in such city, town, village or fire district, the
7 state shall pay a sum, subject to budgetary appropriation, as follows:
8 1. Fifty percent of such sum shall be paid to each eligible city,
9 town, village or fire district in proportion to such entity's population
10 relative to the population of all such eligible entities; and
11 2. Fifty percent of such sum shall be paid based on the value of tax
12 exempt property in each eligible city, town, village or fire district as
13 a percentage of the value of all tax exempt property in all such eligi-
14 ble entities.
15 § 2. This act shall take effect immediately and shall apply to assess-
16 ment rolls prepared on the basis of taxable status dates occurring on
17 and after the date on which this act shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09051-01-3
