Bill Text: NY A06997 | 2019-2020 | General Assembly | Introduced
Bill Title: Imposes a fee on vacant commercial property that has remained continuously vacant for a period of six months or more to be paid to the state every thirtieth day such commercial property remains vacant.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - referred to local governments [A06997 Detail]
Download: New_York-2019-A06997-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6997 2019-2020 Regular Sessions IN ASSEMBLY April 3, 2019 ___________ Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Local Governments AN ACT to amend the general municipal law, in relation to imposing a fee on vacant commercial properties in cities with a population of one million or more The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The general municipal law is amended by adding a new 2 section 99-x to read as follows: 3 § 99-x. Vacant commercial property fee. 1. As used in this section: 4 (a) "Vacant property" means commercial property that has been contin- 5 uously vacant for a period of six months or more. 6 (b) "Commercial property" means any property in a city with a popu- 7 lation of one million or more that is zoned as commercial property by 8 such city. 9 2. Notwithstanding any general, special or local law to the contrary, 10 any owner of a vacant commercial property or properties in a city with a 11 population of one million or more shall pay a fee to the state as 12 prescribed in subdivision three of this section. 13 3. Such fee required by subdivision two of this section shall be at 14 the rate of one percent of the assessed value of the vacant commercial 15 property and shall be paid to the state every thirtieth day such commer- 16 cial property remains vacant. 17 4. All fees received by the state pursuant to this section shall be 18 paid into the general fund of the state. 19 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08295-01-9