Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 17, 2018 |
print number 8023a |
Apr 17, 2018 |
amend and recommit to cities |
Mar 20, 2018 |
referred to cities |
Senate Bill S8023A
2017-2018 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Cities 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
Actions
Bill Amendments
2017-S8023 - Details
- See Assembly Version of this Bill:
- A9974
- Current Committee:
- Senate Cities
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §489-cccccc, RPT L; amd §11-270, NYC Ad Cd
2017-S8023 - Sponsor Memo
BILL NUMBER: S8023 SPONSOR: DILAN TITLE OF BILL: An act to amend the real property tax law and the administrative code of the city of New York, in relation to extending the time to file a final application under the industrial and commercial abatement program PURPOSE OR GENERAL IDEA OF BILL: Relates to extending the time to file a final application under the industrial and commercial abatement program. SUMMARY OF PROVISIONS: Paragraph (a) of subdivision 5 of section 489-cccccc of the real proper- ty tax law is amended by adding a new subparagraph (iii). Paragraph 1 of subdivision (e) of section 11-270 of the administrative code of the city of New York is amended by adding a new subparagraph (c).
2017-S8023 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8023 I N S E N A T E March 20, 2018 ___________ Introduced by Sen. DILAN -- read twice and ordered printed, and when printed to be committed to the Committee on Cities AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to extending the time to file a final application under the industrial and commercial abatement program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the industrial and commercial abatement program (ICAP) has been successful in encouraging economic growth and development in areas of New York city. ICAP imposes a strict requirement that the final application for ICAP benefits be filed within one year of the issuance of a project's first building permit. However, the ICAP legislation's strict one-year filing requirement results in harsh outcomes for applicants in situ- ations where the New York city department of buildings issued a stop work order necessitating the substantial redesign of a project after the issuance of the first building permit. In such instances, ICAP appli- cants are required to redesign their projects and substantively amend their ICAP applications without providing any extension of the one year final application filing period. The strict application of the ICAP final application deadline in such circumstances is contrary to the intent of the ICAP law and the New York city department of finance has attempted to address these inequities in the promulgation of new rules defining what constitutes the initial building permit for ICAP projects. This legislation would amend the strict final application deadline for pre-existing projects and enable affected projects to receive ICAP bene- fits prospectively. § 2. Paragraph (a) of subdivision 5 of section 489-cccccc of the real property tax law is amended by adding a new subparagraph (iii) to read as follows: (III) EXTENSION OF TIME TO FILE FINAL APPLICATION. NOTWITHSTANDING SUBPARAGRAPH (II) OF THIS PARAGRAPH, FOR PROJECTS WITH PRELIMINARY APPLICATIONS FILED PRIOR TO MAY FIRST, TWO THOUSAND TEN AND THE INITIAL EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
2017-S8023A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9974
- Current Committee:
- Senate Cities
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §489-cccccc, RPT L; amd §11-270, NYC Ad Cd
2017-S8023A (ACTIVE) - Sponsor Memo
BILL NUMBER: S8023A SPONSOR: DILAN TITLE OF BILL: An act to amend the real property tax law and the administrative code of the city of New York, in relation to extending the time to file a final application under the industrial and commercial abatement program PURPOSE OR GENERAL IDEA OF BILL: Relates to extending the time to file a final application under the industrial and commercial abatement program. SUMMARY OF PROVISIONS: Paragraph (a) of subdivision 5 of section 489-cccccc of the real proper- ty tax law is amended by adding a new subparagraph (iii). Paragraph 1 of subdivision (e) of section 11-270 of the administrative code of the city of New York is amended by adding a new subparagraph (c).
2017-S8023A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8023--A I N S E N A T E March 20, 2018 ___________ Introduced by Sen. DILAN -- read twice and ordered printed, and when printed to be committed to the Committee on Cities -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to extending the time to file a final application under the industrial and commercial abatement program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. The legislature hereby finds that the industrial and commercial abatement program (ICAP) has been successful in encouraging economic growth and development in areas of New York city. ICAP imposes a strict requirement that the final application for ICAP benefits be filed within one year of the issuance of a project's first building permit. However, the ICAP legislation's strict one-year filing requirement results in harsh outcomes for applicants in situ- ations where the New York city department of buildings issued a stop work order necessitating the substantial redesign of a project after the issuance of the first building permit. In such instances, ICAP appli- cants are required to redesign their projects and substantively amend their ICAP applications without providing any extension of the one year final application filing period. The strict application of the ICAP final application deadline in such circumstances is contrary to the intent of the ICAP law and the New York city department of finance has attempted to address these inequities in the promulgation of new rules defining what constitutes the initial building permit for ICAP projects. This legislation would amend the strict final application deadline for pre-existing projects and enable affected projects to receive ICAP bene- fits prospectively. § 2. Paragraph (a) of subdivision 5 of section 489-cccccc of the real property tax law is amended by adding a new subparagraph (iii) to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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