N.Y. Public Authorities Law Section 1020-Q
Payments in lieu of taxes


1.

Each year after property theretofore owned by LILCO is acquired by the authority by any means authorized by this title and, as a consequence, is removed from the tax rolls, the authority shall make payments in lieu of taxes to municipalities and school districts equal to the taxes and assessments which would have been received from year to year by each such jurisdiction if such acquisition had not occurred, provided, however, that for the calendar year starting on January first, two thousand fifteen, and for each calendar year thereafter, such payments in lieu of taxes shall not exceed the in lieu of tax payments made to such municipalities and school districts in the immediately preceding year by more than two percent.

2.

The authority shall also make payments in lieu of taxes for those taxes which would otherwise be imposed pursuant to sections one hundred eighty-six-a and one hundred eighty-six-c of the tax law, and to former section one hundred eighty-six-b of the tax law as such section was in effect on December thirty-first, nineteen hundred ninety-nine, and any taxes imposed by a city pursuant to the authorization granted by General City Law § 20-B (Cities authorized to impose taxes on utilities)section twenty-b of the general city law.

3.

No municipality or governmental subdivision, including a school district or special district, shall be liable to the authority or any other entity for a refund of property taxes originally assessed against the Shoreham plant. Any judicial determination that the Shoreham plant assessment was excessive, unequal or unlawful for any of the years from nineteen hundred seventy-six to the effective date of this title shall not result in a refund by any taxing jurisdiction of taxes previously paid by LILCO pursuant to such Shoreham plant assessment. The authority shall discontinue and abandon all proceedings, brought by its predecessor in interest, which seek the repayment of all or part of the taxes assessed against the Shoreham plant. * NB There are 2 § 1020-q’s

Source: Section 1020-Q — Payments in lieu of taxes, https://www.­nysenate.­gov/legislation/laws/PBA/1020-Q (updated Sep. 22, 2014; accessed Jun. 22, 2024).

1020
Short title
1020‑A
Declaration of legislative findings and declarations
1020‑AA
Conflicts of interest
1020‑B
Definitions
1020‑BB
Exculpation
1020‑C
Long Island power authority
1020‑CC
Authority subject to certain provisions contained in the state finance law, the public service law, the social services law and the gener...
1020‑D
Board of trustees
1020‑DD
Authority not to seek nor any subsidiary of the authority, to apply for or accept preference hydroelectricity
1020‑E
Officers and employees
1020‑EE
Nine Mile Point II
1020‑F
General powers of the authority
1020‑FF
Rates charged to veterans’ organizations
1020‑G
Powers to provide and maintain generating, transmission and resource recovery waste to energy facilities
1020‑GG
Energy plan
1020‑H
Acquisition of property, including the exercise of the power of eminent domain
1020‑HH
Green jobs-green New York on-bill recovery
1020‑I
Subsidiaries
1020‑II
Public notice before approval of utility transmission facilities
1020‑J
Notes of the authority
1020‑JJ
Energy storage deployment policy
1020‑K
Bonds of the authority
1020‑KK
Semi-annual expenditure and lobbying report
1020‑L
State and municipalities not liable on bonds or notes
1020‑LL
Pilot thermal energy network projects
1020‑M
Legal investments
1020‑MM
Prioritization of emergency services
1020‑N
Deposit and investment of moneys of the authority
1020‑O
Agreement of the state
1020‑P
Exemption from taxation
1020‑Q
Payments in lieu of taxes
1020‑R
Repayment of state appropriations
1020‑S
Public service law generally not applicable to authority
1020‑T
Authority not to construct or operate a nuclear powered facility in the service area
1020‑U
Employees of the authority not subject to the public employees’ fair employment act
1020‑V
Equal employment opportunity and minority and women owned business enterprise programs
1020‑W
Audit and annual reports
1020‑X
Authority subject to open meetings law
1020‑XX
Liberal interpretation
1020‑Y
Court proceedings
1020‑YY
Severability
1020‑Z
Corporate existence
1020‑ZZ
Inconsistent provisions of other laws superseded

Accessed:
Jun. 22, 2024

Last modified:
Sep. 22, 2014

§ 1020-Q’s source at nysenate​.gov

Link Style