Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 24, 2018 |
signed chap.242 |
Aug 13, 2018 |
delivered to governor |
Jun 11, 2018 |
returned to assembly passed senate 3rd reading cal.1696 substituted for s8951 |
May 31, 2018 |
referred to investigations and government operations delivered to senate passed assembly |
May 24, 2018 |
advanced to third reading cal.963 |
May 22, 2018 |
reported |
Mar 07, 2018 |
referred to ways and means |
Assembly Bill A9989
Signed By Governor2017-2018 Legislative Session
Sponsored By
FITZPATRICK
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
2017-A9989 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8951
- Law Section:
- Taxation
- Laws Affected:
- Amd §1, Chap 296 of 2017
2017-A9989 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9989 I N A S S E M B L Y March 7, 2018 ___________ Introduced by M. of A. FITZPATRICK -- read once and referred to the Committee on Ways and Means AN ACT to amend chapter 296 of the laws of 2017 relating to a certain agreement for a payment in lieu of taxes, in relation to payment in lieu of taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1 of chapter 296 of the laws of 2017, relating to a certain agreement for a payment in lieu of taxes, is amended to read as follows: Section 1. Notwithstanding the provisions of subdivision (e) of section 15 of the tax law, with respect to any payment IN LIEU of taxes imposed on real property with respect to property located at 1800 Motor Parkway, Islandia, New York, with respect to a lessee that is a quali- fied empire zone enterprise, such PAYMENT IN LIEU OF taxes shall be deemed to be eligible real property taxes with respect to such lessee and (1) such PAYMENT IN LIEU OF taxes shall be deemed to have been paid by the lessee pursuant to explicit requirements in a written lease, (2) shall be deemed to become a lien on the real property during a taxable year in which the lessee of the real property is both certified pursuant to article 18-B of the general municipal law and a qualified empire zone enterprise, and (3) the lessee shall be deemed to have made direct payment of such PAYMENT IN LIEU OF taxes to the taxing authority and to have received a receipt for such payment IN LIEU of taxes from the taxing authority. Such qualified empire zone enterprise shall be eligi- ble to claim the real property tax credit provided by section 15 of the tax law provided that for each of such periods, the landlord has not filed a claim for the real property tax credit for such payments. § 2. This act shall take effect on the same date and in the same manner as chapter 296 of the laws of 2017, takes effect. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13846-01-7
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