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Int 0345-2022

Appropriation of funds for the operation and maintenance of the library systems.

IntroductionFiledCommittee on Financeintroduced 2022-05-05

Filed — closed without being enacted.

Official record · Legistar

Agenda: 2022-05-05Passed: 2023-12-31

Summary

This local law would state that in any given fiscal year, upon agreement by the Mayor and the Council, 2.5 percent of the City’s real property tax revenue would be appropriated to the City’s three library systems for their operation and maintenance.

Committee on FinanceExecutive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.

How it compares

38% of similar bills passed

19 passed · 31 died

This bill: 605 days in committee

Similar bills: median 555 days · 26 days when passed

Sponsors (3)

Lifecycle

IntroducedIntroduced by Council
2022-05-05 · City Council
ActionReferred to Comm by Council
2022-05-05 · City Council
ClosedFiled (End of Session)
2023-12-31 · City Council

Heard at (1)

City Council · 2022-05-05 · 1:30 PM · HYBRID HEARING - Council Chambers - City Hall

Attachments (5)

Full text
Be it enacted by the Council as follows: Section 1. Section 5-509 of the administrative code of the city of New York is amended by adding a new subdivision 7 to read as follows: 7. Upon agreement between the mayor and the council, a sum representing two and one-half percent of the real property tax revenue assessed each fiscal year shall be appropriated to the operation and maintenance of the library systems. � 2. This law takes effect immediately. Session 12: BJR LS 8643 4/25/22 Session 11: RKC LS#567 Int. 680-2018 1