Bill Text: NY A10654 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to the effectiveness of provisions of law relating to abatement of tax payments for certain industrial and commercial properties in a city of one million or more persons.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-06-17 - referred to real property taxation [A10654 Detail]

Download: New_York-2019-A10654-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          10654

                   IN ASSEMBLY

                                      June 17, 2020
                                       ___________

        Introduced   by   COMMITTEE  ON  RULES  --  (at  request  of  M.  of  A.
          Pheffer Amato) -- read once and referred  to  the  Committee  on  Real
          Property Taxation

        AN  ACT to amend part SS of chapter 56 of the laws of 2020, amending the
          real property tax law and the administrative code of the city  of  New
          York, relating to abatement of tax payments for certain industrial and
          commercial  properties  in  a  city of one million or more persons, in
          relation to the effectiveness thereof

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section  10 of part SS of chapter 56 of the laws of 2020,
     2  amending the real property tax law and the administrative  code  of  the
     3  city  of  New  York,  relating  to abatement of tax payments for certain
     4  industrial and commercial properties in a city of one  million  or  more
     5  persons, is amended to read as follows:
     6    §  10.  This  act shall take effect immediately; provided that section
     7  one of this act shall not apply to projects for which [the first  build-
     8  ing permit is issued after July 1, 2020 or if no permit is required, for
     9  which  construction commences after] a preliminary application for bene-
    10  fits has been filed on or before July 1, 2020.
    11    § 2. This act shall take effect immediately; provided however that  if
    12  this act shall not have taken effect on or before July 1, 2020 then this
    13  act  shall  be deemed to have been in full force and effect on and after
    14  July 1, 2020.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16690-01-0
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