NY S01019

Excludes special districts established pursuant to article nineteen-A of the general municipal law from the definition of "local government" subject to tax levy limits.

Excludes ad valorem levies and special assessments authorized under section 980-j of the general municipal law from the definition of "taxes" subject to levy limits.

Adds ad valorem levies and special assessments authorized under section 980-j to the list of allowable tax levies that are exempt from the tax levy cap.

Modifies the existing exemption for teacher retirement system contribution increases to allow for growth in the normal contribution rate minus two percentage points when the rate increases by more than two percentage points from the previous year.

Takes effect immediately upon enactment.