Bill Text: NY S04609 | 2013-2014 | General Assembly | Introduced
Bill Title: Repeals provisions of law granting real property tax exemption to certain entities.
Spectrum: Partisan Bill (Democrat 9-0)
Status: (Introduced - Dead) 2014-01-08 - REFERRED TO LOCAL GOVERNMENT [S04609 Detail]
Download: New_York-2013-S04609-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
4609
2013-2014 Regular Sessions
I N S E N A T E
April 15, 2013
___________
Introduced by Sen. SANDERS -- read twice and ordered printed, and when
printed to be committed to the Committee on Local Government
AN ACT to repeal section 429 of the real property tax law relating to
real property used for professional major league sports
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Legislative intent. The legislature hereby declares that
2 any provision in a lease, agreement or any other written instrument
3 requiring that any taxes or their equivalent, set forth in such instru-
4 ment in the form of any charges of any kind whatsoever, imposed by any
5 taxing authority, shall be made the obligation of any person, sole
6 proprietorship, partnership, firm, corporation, limited liability compa-
7 ny, association, franchise, team, or any other entity, other than the
8 owner or owners of such property, shall be deemed void as against public
9 policy.
10 S 2. Section 429 of the real property tax law is REPEALED.
11 S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08357-01-3
