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]

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%.

Tracking Information

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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

DateChamberAction
2020-01-08Assemblyreferred to real property taxation
2019-01-09Assemblyreferred to real property taxation

Same As/Similar To

S01914 (Same As) 2020-01-08 - REFERRED TO LOCAL GOVERNMENT

New York State Sources


Bill Comments

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