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Assembly Bill A5204

2015-2016 Legislative Session

Increases from ten to fifteen years, the period of probable usefulness of additions to or conversions of class "C" buildings

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Archive: Last Bill Status - In Assembly Committee

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2015-A5204 (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
Local Finance Law
Laws Affected:
Amd ยง11.00, Loc Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A6628
2011-2012: A6141
2013-2014: A4926
2017-2018: A4830
2019-2020: A5093

2015-A5204 (ACTIVE) - Summary

Increases from ten to fifteen years, the period of probable usefulness of additions to or conversions of class "C" buildings.

2015-A5204 (ACTIVE) - Bill Text download pdf 

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

                                  5204

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            February 13, 2015
                               ___________

Introduced by M. of A. BLANKENBUSH, FINCH -- Multi-Sponsored by -- M. of
  A. BARCLAY, HAWLEY, OAKS -- read once and referred to the Committee on
  Local Governments

AN  ACT  to  amend  the  local finance law, in relation to the period of
  probable usefulness of additions to or conversions of class "C" build-
  ings

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

  Section  1.  Item  3 of clause (a) of subdivision 12 of paragraph a of
section 11.00 of the local finance law, as amended by section 4 of  part
A of chapter 93 of the laws of 2002, is amended to read as follows:
  (3)  The  construction  of  an  addition or additions to or the recon-
struction of a class "C" building, whether or not such  construction  or
reconstruction  includes  grading  or  improvement  of  the  site, [ten]
FIFTEEN years.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08721-01-5

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