Authorizes payment of additional state aid for certain state-leased or state-owned lands
This bill authorizes annual state payments to cities in counties containing the W. Averell Harriman State Office Building Campus (specifically lots 53.00-1-2 and 53.00-1-9). It directs the state to pay cities 1.75% of the 2009 assessed value of these properties ($663,950,900 and $10,419,600) each year. Payments begin June 1, 2025, and continue for ten years, with the assessed values remaining fixed during this period unless the state sells part of the property. If a sale occurs, the payment amount adjusts based on the new assessed value after deducting the sale price. The funds must be used for city purposes only.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 13, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
Feb 13, 2025
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Pat Fahy
DDemocratic
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