S 4843 New York Senate · 2025 Regular Session

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
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Full legislative history

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Total actions
2
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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
Photo of Pat Fahy
Pat Fahy
DDemocratic
NY
46