Bill Text: NY S08045 | 2017-2018 | General Assembly | Introduced
Bill Title: Provides that an assessing unit may pass a local law to provide that for the assessment of golf courses, the assessed valuation shall be based upon the property's highest and best use rather than its current use.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-03-22 - REFERRED TO LOCAL GOVERNMENT [S08045 Detail]
Download: New_York-2017-S08045-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8045 IN SENATE March 22, 2018 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to the taxable status date and the assessment of golf courses The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 302 of the real property tax law is amended by 2 adding a new subdivision 6 to read as follows: 3 6. Notwithstanding any other provision of law to the contrary, an 4 assessing unit may pass a local law to provide that for the assessment 5 of golf courses, the assessed valuation shall be based upon the proper- 6 ty's highest and best use rather than its current use. Such local law 7 shall be passed no later than sixty days prior to the completion and 8 filing of the first tentative assessment roll to which it is applicable. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14436-01-8
