Bill Text: NY A04206 | 2019-2020 | General Assembly | Introduced

New York Assembly Bill 4206 (Prior Session Legislation)

Introduced

Bill Title: Repeals provisions of law granting real property tax exemption to certain entities.

Spectrum: Partisan Bill (Democrat 30-1)

Status: (Introduced - Dead) 2020-01-08 - referred to real property taxation [A04206 Detail]

Download: New_York-2019-A04206-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          4206
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 1, 2019
                                       ___________
        Introduced  by  M.  of  A.  WEPRIN, RIVERA, COLTON, ABINANTI, MONTESANO,
          BENEDETTO, STECK, CRESPO, GUNTHER, DINOWITZ, RYAN, COOK, L. ROSENTHAL,
          M. G. MILLER,  ZEBROWSKI,  DAVILA,  MOSLEY,  ROZIC,  GALEF,  AUBRY  --
          Multi-Sponsored  by  --  M. of A. ARROYO, BUCHWALD, FAHY, JAFFEE, KIM,
          LAVINE, LENTOL, LIFTON, LUPARDO, PAULIN, PERRY, RAMOS, SOLAGES, THIELE
          -- read once and referred to the Committee on Real Property Taxation
        AN ACT to repeal section 429 of the real property tax  law  relating  to
          real property used for professional major league sports
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Legislative intent. The legislature  hereby  declares  that
     2  any  provision  in  a  lease,  agreement or any other written instrument
     3  requiring that any taxes or their equivalent, set forth in such  instru-
     4  ment  in  the form of any charges of any kind whatsoever, imposed by any
     5  taxing authority, shall be made  the  obligation  of  any  person,  sole
     6  proprietorship, partnership, firm, corporation, limited liability compa-
     7  ny,  association,  franchise,  team, or any other entity, other than the
     8  owner or owners of such property, shall be deemed void as against public
     9  policy.
    10    § 2. Section 429 of the real property tax law is REPEALED.
    11    § 3. This act shall take effect on the ninetieth day  after  it  shall
    12  have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02456-01-9