Assembly Bill A8920

Signed By Governor
2017-2018 Legislative Session

Repeals chapter 501 of the laws of 2017; directs the commissioner of tax and finance to submit a report relating to public utility mass real property

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S7301 - 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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2017-A8920 (ACTIVE) - Details

See Senate Version of this Bill:
S7301
Law Section:
Real Property
Laws Affected:
Rpld Chap 501 of 2017

2017-A8920 (ACTIVE) - Summary

Repeals provisions amending the real property tax law relating to establishing an energy-related public utility mass real property central assessment pilot program; directs the commissioner of taxation and finance to submit a report relating to public utility mass real property.

2017-A8920 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8920
 
                           I N  A S S E M B L Y
 
                              January 8, 2018
                                ___________
 
 Introduced  by M. of A. GALEF -- read once and referred to the Committee
   on Real Property Taxation
 
 AN ACT directing the commissioner of taxation and finance  to  submit  a
   report  relating  to  public utility mass real property; and to repeal
   chapter 501 of the laws of 2017, amending the real  property  tax  law
   relating  to  establishing  an energy-related public utility mass real
   property central assessment pilot program
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Chapter 501 of the laws of 2017, amending the real property
 tax  law  relating to establishing an energy-related public utility mass
 real property central assessment pilot program, is REPEALED.
   § 2. On or before May  1,  2018,  the  commissioner  of  taxation  and
 finance,  after  consulting with the department of public service, shall
 submit to the governor, the temporary president of the  senate  and  the
 speaker  of the assembly a written report analyzing the economic, policy
 and legal objectives that would be served by establishing an  assessment
 ceiling  program  for  all  public utility mass real property within the
 state. Such report shall include, without limitation, an analysis of the
 potential impact upon the taxable assessed valuations of public  utility
 mass  real  property throughout the state, the potential impact upon the
 real property taxes of the owners of public utility mass  real  property
 throughout  the state, the potential impact upon the real property rates
 and revenues of those local governments in which a  significant  portion
 of  the  tax  base  consists  of  public utility mass real property; any
 significant administrative benefits or challenges such a  program  might
 present;  and any other potential advantages and disadvantages that such
 a program might present. Such report  shall  also  address  how  such  a
 program  would  specifically  impact  the  distribution  of taxes within
 assessing units with a population of one million of more.
   § 3. Such report shall be informed to the extent  practicable  by  the
 observations  and experiences obtained by the department of taxation and
 finance in the course of the implementation and  administration  of  the
 assessment  ceilings  program  established by chapter 475 of the laws of
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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