Bill Text: NY A09968 | 2019-2020 | General Assembly | Introduced
Bill Title: Extends the deadline for tax exemption applications for tax assessments for certain improved properties affected by Superstorm Sandy from March 1, 2020 until March 1, 2022.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2020-11-11 - signed chap.259 [A09968 Detail]
Download: New_York-2019-A09968-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9968 IN ASSEMBLY March 3, 2020 ___________ Introduced by M. of A. JEAN-PIERRE -- read once and referred to the Committee on Ways and Means AN ACT to amend chapter 122 of the laws of 2015 relating to tax assess- ments for certain improved properties affected by Superstorm Sandy, in relation to extending the deadline for tax exemption applications The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivisions d and e of section 1 and section 2 of chapter 2 122 of the laws of 2015 relating to tax assessments for certain improved 3 properties affected by Superstorm Sandy, as amended by chapter 130 of 4 the laws of 2018, are amended to read as follows: 5 d. No such exemption shall be granted for reconstruction, alterations 6 or improvements unless commenced due to damage caused by Superstorm 7 Sandy, and reflected on a certificate of occupancy no later than March 8 1, [2020] 2022. The enactment of a local law or resolution granting the 9 exemption authorized pursuant to this act may limit eligibility for the 10 exemption to those forms of reconstruction, alterations or improvements 11 as are prescribed in such local law or resolution. Provided, however, 12 that in no case shall such exemption be granted for reconstruction, 13 alterations or improvements to aspects of a primary residence not in 14 existence or otherwise not a part of the primary residence prior to 15 October 29, 2012. 16 e. Application for such exemption shall be filed with the assessor of 17 an eligible municipality by the first of March after the adoption of a 18 local law or resolution pursuant to subdivision a of this section, or 19 the first of March of any subsequent year thereafter but no later than 20 March 1, [2020] 2022, on a form prescribed by the commissioner of taxa- 21 tion and finance. 22 § 2. This act shall take effect immediately and shall apply to 23 exemption applications made prior to the first of March next succeeding 24 the date on which this act shall have become a law and no later than 25 March 1, [2020] 2022, and any exemption once granted shall continue for 26 a period of up to eight prospective tax years as set forth in this act. 27 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15583-01-0