New York S04843 authorizes additional state aid for cities with state-leased or state-owned lands.

New York S04843 amends the public lands law to provide additional state aid for cities with state-leased or state-owned lands. Specifically, it authorizes annual payments to cities in counties with the W. Averell Harriman State Office Building Campus, equal to 1.75% of the project's aggregate assessed values from the 2009 final assessment roll. These payments, intended for city purposes only, will begin on June 1, 2025, and continue for ten years.

New York S04843 authorizes additional state aid for cities with state-leased or state-owned lands.

New York S04843 amends the public lands law to provide additional state aid for cities with state-leased or state-owned lands. Specifically, it authorizes annual payments to cities in counties with the W. Averell Harriman State Office Building Campus, equal to 1.75% of the project's aggregate assessed values from the 2009 final assessment roll. These payments, intended for city purposes only, will begin on June 1, 2025, and continue for ten years.