Section 97-RRR - [Multiple versions] School tax relief fund1. There is hereby established in the joint custody of the comptroller and the commissioner of taxation and finance a special fund to be known as the school tax relief fund.2. Such fund shall consist of all monies credited or transferred thereto from the general fund or from any other fund or sources pursuant to law.3. The monies in such fund shall be appropriated for school property tax exemptions granted pursuant to the real property tax law and payable pursuant to section thirty-six hundred nine-e of the education law.4. All payments from the fund shall be made on the audit and warrant of the comptroller on vouchers approved by the commissioner of the state education department.5.[Effective until 3/31/2025] Notwithstanding the provisions of section one hundred seventy-one-a of the tax law, as separately amended by chapters four hundred eighty-one and four hundred eighty-four of the laws of nineteen hundred eighty-one, and notwithstanding the provisions of chapter ninety-four of the laws of two thousand eleven, or any other provisions of law to the contrary, during the fiscal year beginning April first, two thousand twenty-four, the state comptroller is hereby authorized and directed to deposit to the fund created pursuant to this section from amounts collected pursuant to article twenty-two of the tax law and pursuant to a schedule submitted by the director of the budget, up to $1,575,393,000 as may be certified in such schedule as necessary to meet the purposes of such fund for the fiscal year beginning April first, two thousand twenty-four.5.[Effective 3/31/2025] Notwithstanding the provisions of section one hundred seventy-one-a of the tax law, as separately amended by chapters four hundred eighty-one and four hundred eighty-four of the laws of nineteen hundred eighty-one, and notwithstanding the provisions of chapter ninety-four of the laws of two thousand eleven, or any other provisions of law to the contrary, during the fiscal year beginning April first, two thousand twenty-three, the state comptroller is hereby authorized and directed to deposit to the fund created pursuant to this section from amounts collected pursuant to article twenty-two of the tax law and pursuant to a schedule submitted by the director of the budget, up to $1,716,913,000 as may be certified in such schedule as necessary to meet the purposes of such fund for the fiscal year beginning April first, two thousand twenty-three.N.Y. State Fin. Law § 97-RRR
Amended by New York Laws 2024, ch. 56,Sec. XX-23, eff. 4/20/2024, op. 4/1/2024, exp. 3/1/2025.Amended by New York Laws 2023, ch. 56,Sec. PP-21, eff. 5/3/2023, op. 4/1/2023.Amended by New York Laws 2022, ch. 56,Sec. FFF-21, eff. 4/9/2022, op. 4/1/2022.Amended by New York Laws 2021, ch. 59,Sec. JJJ-20, eff. 4/19/2021, op. 4/1/2021.Amended by New York Laws 2020, ch. 56,Sec. JJ-20, eff. 4/3/2020, op. 4/1/2020.Amended by New York Laws 2019, ch. 59,Sec. TTT-21, eff. 4/12/2019.Amended by New York Laws 2018, ch. 59,Sec. BBB-22, eff. 4/12/2018.Amended by New York Laws 2018, ch. 59,Sec. E-4, eff. 4/12/2018.Amended by New York Laws 2017, ch. 59,Sec. XXX-21, eff. 4/1/2017.Amended by New York Laws 2016, ch. 54,Sec. UU-21, eff. 4/1/2016.Amended by New York Laws 2015, ch. 60,Sec. I-21, eff. 4/1/2015.Amended by New York Laws 2015, ch. 59,Sec. F-1, eff. 4/13/2015.Amended by New York Laws 2014, ch. 55,Sec. I-20, eff. 4/1/2014.Amended by New York Laws 2013, ch. 57,Sec. HH-20, eff. 4/1/2013.