Assembly Bill A5500

2017-2018 Legislative Session

Repeals provisions of law granting real property tax exemption to certain entities

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

multi-Sponsors

2017-A5500 (ACTIVE) - Details

See Senate Version of this Bill:
S8128
Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Rpld §429, RPT L
Versions Introduced in Other Legislative Sessions:
2013-2014: A6597
2015-2016: A3421
2019-2020: A4206, S2897
2021-2022: A9209, S3122
2023-2024: A846, S1632

2017-A5500 (ACTIVE) - Summary

Repeals provisions of law granting real property tax exemption to certain entities.

2017-A5500 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5500
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 9, 2017
                                ___________
 
 Introduced  by  M.  of  A.  WEPRIN,  RIVERA,  COLTON, SKOUFIS, ABINANTI,
   MONTESANO, BENEDETTO, STECK,  CRESPO,  GUNTHER,  SKARTADOS,  DINOWITZ,
   RYAN,  SEPULVEDA,  BRINDISI,  HOOPER,  COOK,  ROSENTHAL, M. G. MILLER,
   ZEBROWSKI, DAVILA, MOSLEY, ROZIC, GALEF, AUBRY --  Multi-Sponsored  by
   --  M.  of  A.  ARROYO,  BUCHWALD,  FAHY, JAFFEE, KEARNS, KIM, LAVINE,
   LENTOL, LIFTON, LUPARDO, MAGEE, MAYER, McDONALD, PAULIN, PERRY, RAMOS,
   SOLAGES, THIELE, TITONE -- read once and referred to the Committee  on
   Real Property Taxation
 
 AN  ACT  to  repeal section 429 of the real property tax law relating to
   real property used for professional major league sports
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Legislative  intent. The legislature hereby declares that
 any provision in a lease, agreement  or  any  other  written  instrument
 requiring  that any taxes or their equivalent, set forth in such instru-
 ment in the form of any charges of any kind whatsoever, imposed  by  any
 taxing  authority,  shall  be  made  the  obligation of any person, sole
 proprietorship, partnership, firm, corporation, limited liability compa-
 ny, association, franchise, team, or any other entity,  other  than  the
 owner or owners of such property, shall be deemed void as against public
 policy.
   § 2. Section 429 of the real property tax law is REPEALED.
   §  3.  This  act shall take effect on the ninetieth day after it shall
 have become a law.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09537-01-7



              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.