New York S02553 authorizes municipalities to establish a history, arts, and culture levy exempt from real property tax limits.

New York S02553 amends the general municipal law to allow municipalities to establish a history, arts, and culture levy. This levy, approved by voters, supports history, arts, and culture initiatives. Funds raised are deposited into a trust fund, used exclusively for these purposes. The levy is exempt from real property tax limits. The bill also mandates the creation of a local arts council to manage the funding and comply with established conditions.

New York S02553 authorizes municipalities to establish a history, arts, and culture levy exempt from real property tax limits.

New York S02553 amends the general municipal law to allow municipalities to establish a history, arts, and culture levy. This levy, approved by voters, supports history, arts, and culture initiatives. Funds raised are deposited into a trust fund, used exclusively for these purposes. The levy is exempt from real property tax limits. The bill also mandates the creation of a local arts council to manage the funding and comply with established conditions.