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
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