senate Bill S1867

2013-2014 Legislative Session

Relates to payment of legal fees incurred by cooperative corporations or condominiums in connection with tax certiorari proceedings

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Archive: Last Bill Status - In Committee


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

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to cities
Jan 09, 2013 referred to cities

S1867 - Bill Details

See Assembly Version of this Bill:
A282
Current Committee:
Senate Cities
Law Section:
New York City Administrative Code
Laws Affected:
Add ยง11-240, NYC Ad Cd
Versions Introduced in Previous Legislative Sessions:
2011-2012: S6573, A9483
2009-2010: S5072

S1867 - Bill Texts

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Relates to payment of legal fees incurred by cooperative corporations or condominiums in connection with tax certiorari proceedings.

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BILL NUMBER:S1867

TITLE OF BILL: An act to amend the administrative code of the city of
New York, in relation to payment of legal fees incurred by cooperative
corporations or condominiums in connection with tax certiorari
proceedings

PURPOSE OR GENERAL IDEA OF BILL: The bill relates to the payment of
legal fees incurred by cooperative corporations or condominiums in
connect with tax certiorari proceedings.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 would add section 11-240 to the administrative code of the
city of New York. The section states that the city shall pay twenty-five
percent of legal fees incurred by a cooperative corporation or condomin-
ium board as a result of tax certiorari proceedings brought by the
corporation or board regardless of whether such corporation or board
prevails in the proceedings,

Section 2 contains the effective date.

JUSTIFICATION: Over recent years, as New York City has released its
assessed values of properties, the assessed value is often challenged in
tax certiorari proceedings. This results in cooperative corporation or
condominium boards spending approximately tens of thousands of dollars
in legal fees. Requiring the City of New York to pay part of these
attorney's fees would create an incentive for the city to work to assess
properties more fairly and thereby reduce the frequency of these
proceedings.

PRIOR LEGISLATIVE HISTORY: None.

FISCAL IMPLICATIONS: To be determined.

EFFECTIVE DATE: This act shall take effect immediately,

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

                                  1867

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sen. STAVISKY -- read twice and ordered printed, and when
  printed to be committed to the Committee on Cities

AN ACT to amend the administrative code of the  city  of  New  York,  in
  relation to payment of legal fees incurred by cooperative corporations
  or condominiums in connection with tax certiorari proceedings

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

  Section 1. The administrative code of the city of New York is  amended
by adding a new section 11-240 to read as follows:
  S  11-240  TAX CERTIORARI PROCEEDINGS; PAYMENT OF LEGAL FEES. THE CITY
SHALL PAY TWENTY-FIVE PERCENT OF LEGAL FEES INCURRED  BY  A  COOPERATIVE
CORPORATION   OR  CONDOMINIUM  BOARD  AS  A  RESULT  OF  TAX  CERTIORARI
PROCEEDINGS BROUGHT BY THE CORPORATION OR BOARD  REGARDLESS  OF  WHETHER
SUCH CORPORATION OR BOARD PREVAILS IN THE PROCEEDINGS.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04259-01-3

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