Extends provisions of law relating to the adoption and submission of an annual budget by the Trustees of the Freeholders and Commonalty of the town of Southampton from January 1, 2024 until January 1, 2025.
Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.
Authorizes the town of Southampton, county of Suffolk, to alienate certain parklands for the purpose of installing an algae skimmer in Lake Agawam, and to replace such alienated parkland with a new, dedicated parkland.
Authorizes the office of court administration to pay certain judicial compensation to certain supreme court and appellate division justices for the period January 1, 2021 to June 14, 2021.
Allows retired employees of the New York state teachers' retirement system who return to active service and suspend their pension benefit to elect to combine their service credit earned prior to retirement with the service credit earned after their restoration to active service, provided they have earned at least two years of service credit since such restoration.
Authorizes the town of Southampton, county of Suffolk, to alienate certain parklands for the purpose of installing an algae skimmer in Lake Agawam, and to replace such alienated parkland with a new, dedicated parkland.
Enacts the "climate change property tax relief act"; provides assessment relief to property owners within eligible municipalities; relates to payments of real property tax refunds and credits as a result of participating in the climate change property tax relief act.
Authorizes the City of White Plains to alienate property owned by the City of White Plains and operated as the former Galleria of White Plains public parking garage.
Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities to August 1, 2025.
Increases the authorization of the Dormitory Authority of the State of New York ("DASNY"), as successor to the New York State Medical Care Facilities Finance Agency ("MCFFA") pursuant to the Health Care Financing Consolidation Act of 1995, to issue hospital and nursing home project bonds and notes from $17.4 billion to $18.2 billion.
Updates certain death benefit provisions of the New York city employees' retirement system, the New York city teachers' retirement system, and the board of education retirement system of New York city to ensure continued compliance with the federal older workers' benefit protection act.