File #: Int 0345-2022    Version: * Name: Appropriation of funds for the operation and maintenance of the library systems.
Type: Introduction Status: Committee
Committee: Committee on Finance
On agenda: 5/5/2022
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to appropriation of funds for the operation and maintenance of the library systems
Sponsors: Chi A. Ossé, Farah N. Louis
Council Member Sponsors: 2
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.
Attachments: 1. Summary of Int. No. 345, 2. Int. No. 345, 3. May 5, 2022 - Stated Meeting Agenda

Int. No. 345

By Council Members Ossé and Louis

A Local Law to amend the administrative code of the city of New York, in relation to appropriation of funds for the operation and maintenance of the library systems

 

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