Senate Bill S7364A

Signed By Governor
2015-2016 Legislative Session

Authorizes the city of Binghamton to classify certain cooperative apartments as homestead properties

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Archive: Last Bill Status - Signed by Governor


  • 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

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Bill Amendments

2015-S7364 - Details

See Assembly Version of this Bill:
A9845
Law Section:
Real Property Taxation

2015-S7364 - Summary

Authorizes the city of Binghamton to classify certain cooperative apartments as homestead properties.

2015-S7364 - Sponsor Memo

2015-S7364 - Bill Text download pdf

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

                                  7364

                            I N  S E N A T E

                             April 22, 2016
                               ___________

Introduced  by  Sen.  AKSHAR -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to authorize the city of Binghamton to classify  certain  cooper-
  ative apartments as homestead properties

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

  Section 1. Notwithstanding any other provision of law to the contrary,
the assessor of the city of Binghamton is hereby authorized to  transfer
properties  consisting  of cooperative apartments located at 5 Riverside
Drive and 4 Oak Street in the city of Binghamton, county of Broome, from
the non-homestead tax levy to the homestead tax levy pursuant to section
581 of the real property tax law. The transfer  authorized  pursuant  to
this  section  shall apply solely for levy purposes and no alteration of
the property class or assessment value of such properties  shall  result
from the transfer.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14960-01-6


              

2015-S7364A (ACTIVE) - Details

See Assembly Version of this Bill:
A9845
Law Section:
Real Property Taxation

2015-S7364A (ACTIVE) - Summary

Authorizes the city of Binghamton to classify certain cooperative apartments as homestead properties.

2015-S7364A (ACTIVE) - Sponsor Memo

2015-S7364A (ACTIVE) - Bill Text download pdf

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

                                 7364--A

                            I N  S E N A T E

                             April 22, 2016
                               ___________

Introduced  by  Sen.  AKSHAR -- read twice and ordered printed, and when
  printed to be committed  to  the  Committee  on  Local  Government  --
  committee  discharged,  bill amended, ordered reprinted as amended and
  recommitted to said committee

AN ACT to authorize the city of Binghamton to classify  certain  cooper-
  ative apartments as homestead properties

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

  Section 1. Notwithstanding section 1901 of the real property tax  law,
the assessor of the city of Binghamton, following the passage of a local
law  by such city adopting the provisions of this act, is hereby author-
ized to transfer properties consisting of cooperative apartments located
in the city of Binghamton, county of Broome, from the non-homestead  tax
class  to the homestead tax class and adjust the homestead and non-home-
stead tax shares accordingly.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14960-03-6


              

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