New York Const. art. VIII, § 12

New York Constitution

Article VIII, § 12 — Powers of local governments to be restricted; further limitations on contracting local indebtedness authorized

This text of New York Const. art. VIII, § 12 (Powers of local governments to be restricted; further limitations on contracting local indebtedness authorized) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionNew York DocumentConstitution

ArticleVIII

Section§ 12

CitationNew York Const. art. VIII, § 12

Bluebook

N.Y. Const. art. VIII, § 12.

Full Text

It shall be the duty of the legislature, subject to the provisions of this constitution, to restrict the power of taxation, assessment, borrowing money, contracting indebtedness, and loaning the credit of counties, cities, towns and villages, so as to prevent abuses in taxation and assessments and in contracting of indebtedness by them. Nothing in this article shall be construed to prevent the legislature from further restricting the powers herein specified of any county, city, town, village or school district to contract indebtedness or to levy taxes on real estate. The legislature shall not, however, restrict the power to levy taxes on real estate for the payment of interest on or principal of indebtedness theretofore contracted.

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It shall be the duty of the legislature, subject to the provisions of this constitution, to restrict the power of taxation, assessment, borrowing money, contracting indebtedness, and loaning the credit of counties, cities, towns and villages, so as to prevent abuses in taxation and assessments and in contracting of indebtedness by them. Nothing in this article shall be construed to prevent the legislature from further restricting the powers herein specified of any county, city, town, village or school district to contract indebtedness or to levy taxes on real estate. The legislature shall not, however, restrict the power to levy taxes on real estate for the payment of interest on or principal of indebtedness theretofore contracted.

History

(New. Adopted by Constitutional Convention of 1938 and approved by vote of the people November 8, 1938. Amended by vote of the people November 5, 1963.)

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Bluebook (online)

New York Const. art. VIII, § 12, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ny/VIII/12.