Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 29, 2016 |
signed chap.352 |
Sep 20, 2016 |
delivered to governor |
Jun 15, 2016 |
returned to assembly passed senate 3rd reading cal.829 substituted for s7257a |
Jun 14, 2016 |
referred to rules delivered to senate passed assembly ordered to third reading rules cal.237 rules report cal.237 reported |
Jun 08, 2016 |
reported referred to rules |
Jun 06, 2016 |
reported referred to ways and means |
Jun 02, 2016 |
print number 9678b |
Jun 02, 2016 |
amend (t) and recommit to real property taxation |
Apr 12, 2016 |
print number 9678a |
Apr 12, 2016 |
amend and recommit to real property taxation |
Mar 29, 2016 |
referred to real property taxation |
Assembly Bill A9678B
Signed By Governor2015-2016 Legislative Session
Sponsored By
LIFTON
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
Actions
Votes
Bill Amendments
2015-A9678 - Details
- See Senate Version of this Bill:
- S7257
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §467-j, Tax L
2015-A9678 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9678 I N A S S E M B L Y March 29, 2016 ___________ Introduced by M. of A. LIFTON -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to providing a real property tax exemption for certain property in the county of Tompkins THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 467-i to read as follows: S 467-I. EXEMPTION FOR CERTAIN PROPERTY IN THE COUNTY OF TOMPKINS. 1. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE COUNTY OF TOMPKINS, BY LOCAL LAW AFTER PUBLIC HEARING AND BY LOCAL OPTION OF THE LEGISLATURE BOARD IN THE ASSESSING UNIT, IS AUTHORIZED TO GRANT A PARTIAL REAL PROP- ERTY TAX EXEMPTION FOR PROPERTY WHICH IS LOCATED IN SUCH COUNTY AND IS OWNED BY A NON-PROFIT ENTITY WHICH IS SUBJECT TO AN INITIAL REGULATORY AGREEMENT ESTABLISHED IN SUCH COUNTY. 2. THE REAL PROPERTY TAX EXEMPTION AUTHORIZED BY SUBDIVISION ONE OF THIS SECTION SHALL BE IN AN AMOUNT EQUAL TO THE DIFFERENCE BETWEEN THE FULL RESALE VALUE OF SUCH REAL PROPERTY ABSENT ANY RESTRICTION AND THE MAXIMUM RESALE VALUE OF SUCH REAL PROPERTY ESTABLISHED BY SUCH GROUND LEASE TO RESIDENTIAL PROPERTIES LOCATED ON LAND OWNED BY A NOT-FOR-PRO- FIT ENTITY AND SUBJECT TO REGULATORY RESTRICTIONS FROM FEDERAL, STATE OR LOCAL HOUSING PROGRAMS THAT PROVIDE GRANTS OR LOANS TO ENHANCE HOUSING AFFORDABILITY AND SUBJECT TO A GROUND LEASE OR DEED RESTRICTIONS THAT RESTRICT THE RESALE PRICE OF SUCH REAL PROPERTY FOR AT LEAST THIRTY YEARS. S 2. This act shall take effect immediately and shall apply to assess- ment rolls prepared on the basis of taxable status dates occurring on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14572-02-6
2015-A9678A - Details
- See Senate Version of this Bill:
- S7257
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §467-j, Tax L
2015-A9678A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9678--A I N A S S E M B L Y March 29, 2016 ___________ Introduced by M. of A. LIFTON -- read once and referred to the Committee on Real Property Taxation -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to providing a real property tax exemption for certain property in the county of Tompkins THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 467-j to read as follows: S 467-J. EXEMPTION FOR CERTAIN PROPERTY IN THE COUNTY OF TOMPKINS. 1. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE COUNTY OF TOMPKINS, BY LOCAL LAW AFTER PUBLIC HEARING AND BY LOCAL OPTION OF THE LEGISLATURE BOARD IN THE ASSESSING UNIT, IS AUTHORIZED TO GRANT A PARTIAL REAL PROP- ERTY TAX EXEMPTION FOR PROPERTY WHICH IS LOCATED IN SUCH COUNTY AND IS OWNED BY A NON-PROFIT ENTITY WHICH IS SUBJECT TO AN INITIAL REGULATORY AGREEMENT ESTABLISHED IN SUCH COUNTY. 2. THE REAL PROPERTY TAX EXEMPTION AUTHORIZED BY SUBDIVISION ONE OF THIS SECTION SHALL BE IN AN AMOUNT EQUAL TO THE DIFFERENCE BETWEEN THE FULL RESALE VALUE OF SUCH REAL PROPERTY ABSENT ANY RESTRICTION AND THE MAXIMUM RESALE VALUE OF SUCH REAL PROPERTY ESTABLISHED BY SUCH GROUND LEASE TO RESIDENTIAL PROPERTIES LOCATED ON LAND OWNED BY A NOT-FOR-PRO- FIT ENTITY AND SUBJECT TO REGULATORY RESTRICTIONS FROM FEDERAL, STATE OR LOCAL HOUSING PROGRAMS THAT PROVIDE GRANTS OR LOANS TO ENHANCE HOUSING AFFORDABILITY AND SUBJECT TO A GROUND LEASE OR DEED RESTRICTIONS THAT RESTRICT THE RESALE PRICE OF SUCH REAL PROPERTY FOR AT LEAST THIRTY YEARS. S 2. This act shall take effect immediately and shall apply to assess- ment rolls prepared on the basis of taxable status dates occurring on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14572-03-6
2015-A9678B (ACTIVE) - Details
- See Senate Version of this Bill:
- S7257
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §467-j, Tax L
2015-A9678B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9678--B I N A S S E M B L Y March 29, 2016 ___________ Introduced by M. of A. LIFTON -- read once and referred to the Committee on Real Property Taxation -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to providing a real property tax exemption for certain property in certain counties THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 467-j to read as follows: S 467-J. EXEMPTION FOR CERTAIN RESIDENTIAL PROPERTIES LOCATED IN CERTAIN COUNTIES. 1. AFTER A PUBLIC HEARING, THE GOVERNING BOARD OF A COUNTY WITH A POPULATION GREATER THAN ONE HUNDRED THOUSAND AND LESS THAN ONE HUNDRED FIVE THOUSAND BASED UPON THE LATEST DECENNIAL CENSUS MAY ADOPT A LOCAL LAW TO GRANT A PARTIAL EXEMPTION FROM TAXATION AND SPECIAL AD VALOREM LEVIES AUTHORIZED PURSUANT TO THIS SECTION. FOLLOWING SUCH ADOPTION, ANY CITY, TOWN OR VILLAGE WITHIN SUCH A COUNTY MAY ADOPT A LOCAL LAW AND A SCHOOL DISTRICT WITHIN SUCH A COUNTY, OTHER THAN A SCHOOL DISTRICT SUBJECT TO ARTICLE FIFTY-TWO OF THE EDUCATION LAW, MAY ADOPT A RESOLUTION TO ALSO GRANT A PARTIAL EXEMPTION FROM TAXATION AND SPECIAL AD VALOREM LEVIES AUTHORIZED PURSUANT TO THIS SECTION. 2. THE REAL PROPERTY TAX EXEMPTION AUTHORIZED BY SUBDIVISION ONE OF THIS SECTION SHALL BE IN AN AMOUNT EQUAL TO THE LATEST STATE EQUALIZA- TION RATE MULTIPLIED BY THE DIFFERENCE BETWEEN THE FULL RESALE VALUE OF SUCH REAL PROPERTY ABSENT ANY RESTRICTION AND THE MAXIMUM RESALE VALUE OF SUCH REAL PROPERTY ESTABLISHED BY SUCH GROUND LEASE TO RESIDENTIAL PROPERTIES LOCATED ON LAND OWNED BY A NOT-FOR-PROFIT ENTITY AND SUBJECT TO REGULATORY RESTRICTIONS FROM FEDERAL, STATE OR LOCAL HOUSING PROGRAMS THAT PROVIDE GRANTS OR LOANS TO ENHANCE HOUSING AFFORDABILITY AND SUBJECT TO A GROUND LEASE OR DEED RESTRICTIONS THAT RESTRICT THE RESALE PRICE OF SUCH REAL PROPERTY FOR AT LEAST THIRTY YEARS. 3. SUCH EXEMPTION SHALL BE GRANTED ONLY UPON APPLICATION BY THE OWNER OR OWNERS OF SUCH REAL PROPERTY ON A FORM PRESCRIBED BY THE COMMISSION- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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