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Bill

A 8268

Extends a payment in lieu of taxes for Lido Beach in the town of Hempstead

2025 Regular Session Introduced by Ari Brown

Bill A 8268 extends the payment in lieu of taxes for Lido Beach, ensuring Hempstead receives vital funding to support local services and improve residents' quality of life.

SUBSTITUTED BY S7806
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WeVote Research Nonpartisan
Bill Summary · A 8268

Summary of Bill A 8268

Bill Information

  • Bill Number: A 8268
  • Title: Extends a payment in lieu of taxes for Lido Beach in the town of Hempstead
  • Status: Substituted by S 7806
  • Introduced: May 06, 2025
  • Classification: Bill

Purpose and Intent

Bill A 8268 aims to extend the existing payment in lieu of taxes (PILOT) program for Lido Beach, located in the town of Hempstead. The intent of this legislation is to provide financial relief and support for local governance and services by allowing the town to continue receiving payments that offset the costs associated with public services in the area.

Key Provisions

  • Extension of PILOT Program: The bill seeks to extend the duration of the current PILOT agreement for Lido Beach, ensuring that the town of Hempstead continues to receive necessary funding.
  • Financial Implications: While specific dollar amounts are not detailed in the bill, the extension is expected to maintain or potentially increase the financial support for local services, which may include infrastructure maintenance, public safety, and community services.

Affected Parties

  • Town of Hempstead: The primary beneficiary of this bill is the town of Hempstead, which relies on PILOT payments to fund essential services.
  • Residents of Lido Beach: Local residents may experience continued or improved public services as a result of the sustained financial support from the PILOT program.

Legislative Timeline

  • May 06, 2025: Bill A 8268 was introduced and referred to the Local Governments committee.
  • June 05, 2025: The bill was reported and referred to the Ways and Means committee.
  • June 16, 2025: The bill was reported and referred to the Rules committee.
  • June 17, 2025: The bill was reported, ordered to third reading, and subsequently substituted by S 7806.

Related Bills

  • A 6554: A prior-session bill that may have addressed similar issues.
  • S 7806: The companion bill that has substituted A 8268, likely containing similar provisions regarding the PILOT program for Lido Beach.

Conclusion

Bill A 8268 represents an effort to ensure the continuation of financial support for the town of Hempstead through the extension of the PILOT program for Lido Beach. The successful passage of this bill, now substituted by S 7806, is crucial for maintaining the quality of public services in the area.

Compiled from official sources — confirm details with the bill’s official record.

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