senate Bill S5052

Amended

Exempts from certain provisions of the administrative code of the City of New York relating to property tax benefits for multiple dwellings, certain multiple dwellings in the Bronx

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 07 / May / 2013
    • REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
  • 04 / Jun / 2013
    • 1ST REPORT CAL.1025
  • 05 / Jun / 2013
    • AMENDED (T) 5052A
  • 05 / Jun / 2013
    • 2ND REPORT CAL.
  • 10 / Jun / 2013
    • ADVANCED TO THIRD READING
  • 21 / Jun / 2013
    • PASSED SENATE
  • 21 / Jun / 2013
    • DELIVERED TO ASSEMBLY
  • 21 / Jun / 2013
    • REFERRED TO REAL PROPERTY TAXATION
  • 08 / Jan / 2014
    • DIED IN ASSEMBLY
  • 08 / Jan / 2014
    • RETURNED TO SENATE
  • 08 / Jan / 2014
    • REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Summary

Exempts from certain provisions of the administrative code of the City of New York relating to property tax benefits for multiple dwellings, certain multiple dwellings in the Bronx.

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Bill Details

Versions:
S5052
S5052A
Legislative Cycle:
2013-2014
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง421-a, RPT L

Votes

7
1
7
Aye
1
Nay
1
aye with reservations
0
absent
0
excused
0
abstained
show Housing, Construction and Community Development committee vote details

Sponsor Memo

BILL NUMBER:S5052

TITLE OF BILL: An act to amend the real property tax law, in relation
to expanding the exemption of new multiple dwellings from local
taxation

PURPOSE: The purpose of this bill is to provide a real property tax
exemption pursuant. to Real Property Tax Law section 421-a for certain
dwelling units that had inadvertently, due to the operation of the
law, been excluded from participating in this tax abatement program.
Because of the schedule of the construction of several phases of the
Harbour Pointe at Shorehaven Condominium project in the Bronx, certain
dwelling units are eligible to obtain the section 421-a tax exemption,
while other similar situated units within the same housing development
are not eligible. This bill affects the Harbour Pointe at Shorehaven
Condominiums (Phase III and IV).

SUMMARY OF PROVISIONS:

Section 1: Amends Real Property Tax Law section 421-a to include
certain units of a condominium housing project that were inadvertently
excluded from the eligibility of participating in this tax abatement
program. This bill merely authorizes such excluded homeowners who
would have otherwise been eligible for such section 421-a real
property exemption to apply to the local housing agency for a
preliminary or final certificate of eligibility.

EXISTING LAW: The current law allows for certain dwelling units to be
eligible for a real property tax abatement and other similarly
situated housing units to not be eligible.

JUSTIFICATION: This bill was requested by the affected local
condominium associations for the Harbour Pointe at Shorehaven
Condominiums III and IV to ensure that all homeowners that live within
the project covered under this bill can apply for and obtain a section
421-a real property tax abatement. Currently, no condominium owner has
a tax abatement in Condo III and approximately 30% of those in Condo
IV do not have a section 421-a real property tax exemption.

EFFECTIVE: Immediate and shall be deemed to have been in full force
and effect on or after January 1, 2002.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5052

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 7, 2013
                               ___________

Introduced  by  Sen.  KLEIN  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT to amend the real property tax law, in relation to expanding the
  exemption of new multiple dwellings from local taxation

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 421-a of the real property tax law
is amended by adding a new paragraph (h-1) to read as follows:
  (H-L)  ANYTHING  IN  THIS SECTION TO THE CONTRARY NOTWITHSTANDING, ANY
PROJECT CONSISTING OF A SERIES OF DWELLINGS WITH EACH DWELLING  CONSIST-
ING  OF TWO DWELLING UNITS, CONSTRUCTED ON A CONTIGUOUS SITE AS A SINGLE
CONDOMINIUM DEVELOPMENT AND CONTAINING AN AGGREGATE  OF  NOT  LESS  THAN
FIVE  HUNDRED DWELLING UNITS, EACH OF SUCH DWELLINGS SHALL BE DEEMED FOR
THE PURPOSE OF THIS SECTION ONLY TO BE PART OF A MULTIPLE  DWELLING  BUT
WITHOUT  ANY  REQUIREMENT TO REGISTER WITH THE LOCAL HOUSING AGENCY AS A
MULTIPLE DWELLING, AND SHALL BE ENTITLED TO THE EXEMPTION SET  FORTH  IN
THIS  SECTION,  PROVIDED  CONSTRUCTION  OF  SUCH  PROJECT  OR A SPECIFIC
PORTION OF SUCH PROJECT BE COMMENCED BEFORE JANUARY FIRST, TWO  THOUSAND
NINE  AND  COMPLETED  NO  LATER THAN FORTY-EIGHT MONTHS FROM THE DATE OF
COMMENCEMENT OF CONSTRUCTION OF SUCH PROJECT OR THE SPECIFIC PORTION  OF
SUCH  PROJECT.  ANY APPLICATION FOR A PRELIMINARY OR A FINAL CERTIFICATE
OF ELIGIBILITY SHALL BE SUBMITTED TO THE LOCAL HOUSING AGENCY  NO  LATER
THAN  THE  ONE  HUNDRED  EIGHTIETH  DAY  AFTER THIS PARAGRAPH SHALL HAVE
BECOME A LAW.
  S 2. This act shall take effect immediately and  shall  be  deemed  to
have been in full force and effect on and after January 1, 2002.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09394-05-3

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