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NY A05461
Bill
Status
2/14/2025
Primary Sponsor
Gabriella Romero
Click for details
AI Summary
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Increases state aid payment to the city containing the Empire State Plaza (Albany) from $15,000,000 to $35,500,000 for fiscal year 2024-2025
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Eliminates the fixed payment schedule that was set to continue through 2031-2032 and end at $1,800,000
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Establishes ongoing annual payments for fiscal years beginning April 1, 2025 and beyond, calculated by multiplying the prior year's amount by the allowable levy growth factor
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Applies to state aid related to the "South Mall contract" dated May 11, 1965, which governed construction of a state office building project under Chapter 152 of the Laws of 1964
Legislative Description
Adjusts the state aid on certain state leased or state owned land for years beginning on or after April first, two thousand twenty-five.
Last Action
referred to governmental operations
1/7/2026