BILL NUMBER: S6163
SPONSOR: SKOUFIS
 
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:
The bill would create a new category of state aid for certain cities,
towns, villages, or fire districts based on the amount of tax-exempt
property in the jurisdiction. To be eligible, these 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 based on population and the
other fifty percent allocated based on the amount of tax-exempt proper-
ty.
 
SUMMARY OF PROVISIONS:
Section 1: Amends the real property tax Law by adding section 532-a,
wherein if a city, town, village, or fire district has more than thir-
ty-five percent, in comparison to the total amount of property in such
city, town, village, or fire district, the property is tax exempt the
state shall pay a sum. 1. Fifty percent of such sum will be paid to each
eligible entity in proportion to their population relative to the popu-
lation of all eligible entities. 2. Fifty percent of such sum shall be
paid based upon the value of a tax exempt property in each eligible
city, town, village, or fire district as a percentage of the value of
all tax exempt property in all eligible entities.
Section 2: Sets effective date.
 
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:
Senate
2007: No Senate Same-As
2008: No Senate Same-As
2009: No Senate Same-As
2010: No Senate Same-As
2011: No Senate Same-As
2012: No Senate Same-As
2013: S4605, Referred to Local Government
2014: S4605, Referred to Local Government
2015: S1821A, Referred to Local Government
2016: S1821A, Amend and Recommit to Local Government
2017: S745, Referred to Investigations and Government Operations
2018: S745, Referred to Local Government
2019: No Senate Same-As
2020: No Senate Same-As
2021: No Senate Same-As
2022: No Senate Same-As
2023: S7283, Referred to Local Government
2024: S7283, Referred to Local Government
Assembly
2007: N/A
2008: A10053, Referred to Real Property Taxation
2009: A790, Referred to Real Property Taxation
2010: A790, Referred to Real Property Taxation
2011: A425, Referred to Real Property Taxation
2012: A425, Referred to Real Property Taxation
2013: A1709, Referred to Real Property Taxation
2014: A1709, Referred to Real Property Taxation
2015: A1026A, Referred to Real Property Taxation
2016: A1026A, Amend and Recommit to Real Property Taxation
2017: A732, Referred to Real Property Taxation
2018: A732, Referred to Real Property Taxation
2019: A2089, Referred to Real Property Taxation
2020: A2089, Referred to Real Property Taxation
2021: A5219, Referred to Real Property Taxation
2022: A5219, Referred to Real Property Taxation
2023: A4303, Referred to Real Property Taxation
2024: A4303, 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.