NY A00146 | 2019-2020 | General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 9-3)
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to reductions of payments in lieu of taxes; provides that where such payment agreement is to be reduced due to a reassessment of the parcel of real property such agreement is related to, such reduction shall be phased in over 10 years if the reduction would negatively affect the revenues of a local government by more than 5%.
Title
Relates to reductions of payments in lieu of taxes; provides that where such payment agreement is to be reduced due to a reassessment of the parcel of real property such agreement is related to, such reduction shall be phased in over 10 years if the reduction would negatively affect the revenues of a local government by more than 5%.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-01-08 | Assembly | referred to real property taxation |
2019-01-09 | Assembly | referred to real property taxation |
Same As/Similar To
S01914 (Same As) 2020-01-08 - REFERRED TO LOCAL GOVERNMENT