Assembly Bill A1711

2019-2020 Legislative Session

Requires real property in New York City to be assessed using a fair comparative

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

multi-Sponsors

2019-A1711 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd §581, RPT L
Versions Introduced in Other Legislative Sessions:
2013-2014: A7326
2015-2016: A2053
2017-2018: A4270
2021-2022: A1268

2019-A1711 (ACTIVE) - Summary

Requires real property in New York city to be assessed using a fair comparative.

2019-A1711 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1711
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 16, 2019
                                ___________
 
 Introduced by M. of A. QUART -- Multi-Sponsored by -- M. of A. MOSLEY --
   read once and referred to the Committee on Real Property Taxation
 
 AN ACT to amend the real property tax law, in relation to requiring real
   property to be assessed using a fair comparative
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (a) of subdivision 1 of section 581 of  the  real
 property  tax  law,  as  amended  by chapter 223 of the laws of 1989, is
 amended to read as follows:
   (a) Notwithstanding any other provision of law, real property owned or
 leased by a cooperative corporation or on a condominium basis  shall  be
 assessed for purposes of this chapter at a sum not exceeding the assess-
 ment which would be placed upon such parcel were the parcel not owned or
 leased  by  a  cooperative  corporation  or on a condominium basis. IN A
 SPECIAL ASSESSING UNIT THAT IS A CITY, NOTHING IN THIS SECTION SHALL  BE
 CONSTRUED  TO REQUIRE THE USE OF RENT-REGULATED PROPERTIES AS COMPARISON
 PROPERTIES FOR ASSESSMENT PURPOSES. FOR THE PURPOSE  OF  THIS  PARAGRAPH
 ONLY,  THE  TERM "RENT-REGULATED PROPERTIES" SHALL MEAN HOUSING ACCOMMO-
 DATIONS WHICH ARE SUBJECT TO THE REGULATIONS AND CONTROL OF  RESIDENTIAL
 RENTS  AND EVICTIONS PURSUANT TO THE EMERGENCY HOUSING RENT CONTROL LAW,
 THE LOCAL EMERGENCY HOUSING  RENT  CONTROL  ACT,  THE  EMERGENCY  TENANT
 PROTECTION  ACT  OF  NINETEEN  SEVENTY-FOUR,  THE NEW YORK CITY RENT AND
 REHABILITATION LAW OR THE NEW YORK CITY RENT STABILIZATION LAW OF  NINE-
 TEEN  HUNDRED  SIXTY-NINE.  FOR  THE PURPOSE OF THIS PARAGRAPH ONLY, THE
 TERM "COMPARISON PROPERTIES" SHALL MEAN ANY REAL PROPERTY CONSIDERED  BY
 AN  ASSESSOR  TO  BE  SUFFICIENTLY  SIMILAR  TO A SUBJECT PROPERTY TO BE
 COMPARED TO IT TO DETERMINE THE SUBJECT PROPERTY'S ASSESSMENT.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01366-01-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.