senate Bill S726A

2013-2014 Legislative Session

Relates to classifying properties held in condominium and cooperative form for assessment purposes as class one-a properties

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Archive: Last Bill Status - Passed Senate


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 23, 2014 referred to real property taxation
Jun 20, 2014 delivered to assembly
passed senate
Jun 10, 2014 advanced to third reading
Jun 09, 2014 2nd report cal.
Jun 03, 2014 1st report cal.1160
May 21, 2014 print number 726a
amend (t) and recommit to local government
Jan 08, 2014 referred to local government
Jan 09, 2013 referred to local government

Votes

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Bill Amendments

Original
A (Active)
Original
A (Active)

Co-Sponsors

S726 - Details

See Assembly Version of this Bill:
A3947A
Current Committee:
Law Section:
Real Property Tax Law
Laws Affected:
Amd RPT L, generally; amd §§11-208.1, 11-238, 11-319, 11-320, 11-354, 11-401, 11-401.1, 11-404 & 11-405, NYC Ad Cd; add §3-b, Gen Muni L; add §2023-c, Ed L
Versions Introduced in 2011-2012 Legislative Session:
S5118A, A8118A

S726 - Summary

Classifies properties held in condominium and cooperative form for assessment purposes as class one-a properties; requires that the annual tax rate percentage change for class one-a properties does not exceed the annual tax rate percentage change for class one properties.

S726 - Sponsor Memo

S726 - Bill Text download pdf

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

                                   726

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sens. AVELLA, STAVISKY -- 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 and the administrative code of
  the city of New York, in relation to classifying  properties  held  in
  condominium  and  cooperative  form  for  assessment purposes as class
  one-a properties and to amend the general municipal law and the educa-
  tion law, in relation to establishing limitations upon school district
  and local government tax levies in the city of New York

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

  Section 1. Subdivision 1 of section 1802 of the real property tax law,
as separately amended by chapters 123 and 529 of the laws of 1990, para-
graph  class  one  as  amended  by  chapter  332 of the laws of 2008, is
amended to read as follows:
  1. All real property, for the purposes of this article, in  a  special
assessing unit shall be classified as follows:
  Class  one: (a) all one, two and three family residential real proper-
        ty, including such dwellings used  in  part  for  nonresidential
        purposes  but which are used primarily for residential purposes,
        except such property held in cooperative or condominium forms of
        ownership other than (i) property defined in  subparagraphs  (b)
        and  (c)  of  this paragraph and (ii) property which contains no
        more than three dwelling  units  held  in  condominium  form  of
        ownership and which was classified within this class on a previ-
        ous  assessment  roll;  and  provided  that, notwithstanding the
        provisions of paragraph (g) of subdivision twelve of section one
        hundred two of this chapter, a mobile home or  a  trailer  shall
        not  be classified within this class unless it is owner-occupied
        and separately assessed; and (b) residential real  property  not
        more  than  three  stories in height held in condominium form of

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

Co-Sponsors

S726A (ACTIVE) - Details

See Assembly Version of this Bill:
A3947A
Current Committee:
Law Section:
Real Property Tax Law
Laws Affected:
Amd RPT L, generally; amd §§11-208.1, 11-238, 11-319, 11-320, 11-354, 11-401, 11-401.1, 11-404 & 11-405, NYC Ad Cd; add §3-b, Gen Muni L; add §2023-c, Ed L
Versions Introduced in 2011-2012 Legislative Session:
S5118A, A8118A

S726A (ACTIVE) - Summary

Classifies properties held in condominium and cooperative form for assessment purposes as class one-a properties; requires that the annual tax rate percentage change for class one-a properties does not exceed the annual tax rate percentage change for class one properties.

S726A (ACTIVE) - Sponsor Memo

S726A (ACTIVE) - Bill Text download pdf

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

                                 726--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sens. AVELLA, STAVISKY -- read twice and ordered printed,
  and when printed to be committed to the Committee on Local  Government
  -- recommitted to the Committee on Local Government in accordance with
  Senate  Rule  6, sec. 8 -- committee discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the real property tax law and the administrative code of
  the city of New York, in relation to classifying  properties  held  in
  condominium  and  cooperative  form  for  assessment purposes as class
  one-a properties; and to amend  the  general  municipal  law  and  the
  education  law,  in  relation  to establishing limitations upon school
  district and local government tax levies in the city of New York

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

  Section 1. Subdivision 1 of section 1802 of the real property tax law,
as separately amended by chapters 123 and 529 of the laws of 1990, para-
graph  class  one  as  amended  by  chapter  332 of the laws of 2008, is
amended to read as follows:
  1. All real property, for the purposes of this article, in  a  special
assessing unit shall be classified as follows:
  Class  one: (a) all one, two and three family residential real proper-
        ty, including such dwellings used  in  part  for  nonresidential
        purposes  but which are used primarily for residential purposes,
        except such property held in cooperative or condominium forms of
        ownership other than (i) property defined in  subparagraphs  (b)
        and  (c)  of  this paragraph and (ii) property which contains no
        more than three dwelling  units  held  in  condominium  form  of
        ownership and which was classified within this class on a previ-
        ous  assessment  roll;  and  provided  that, notwithstanding the
        provisions of paragraph (g) of subdivision twelve of section one
        hundred two of this chapter, a mobile home or  a  trailer  shall

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

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