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
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