Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to real property taxation |
Jan 16, 2019 |
referred to real property taxation |
Assembly Bill A1711
2019-2020 Legislative Session
Sponsored By
QUART
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
Actions
multi-Sponsors
Walter T. Mosley
2019-A1711 (ACTIVE) - Details
2019-A1711 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1711 2019-2020 Regular Sessions I N A S S E M B L Y January 16, 2019 ___________ Introduced by M. of A. QUART -- Multi-Sponsored by -- M. of A. MOSLEY -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to requiring real property to be assessed using a fair comparative THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 1 of section 581 of the real property tax law, as amended by chapter 223 of the laws of 1989, is amended to read as follows: (a) Notwithstanding any other provision of law, real property owned or leased by a cooperative corporation or on a condominium basis shall be assessed for purposes of this chapter at a sum not exceeding the assess- ment which would be placed upon such parcel were the parcel not owned or leased by a cooperative corporation or on a condominium basis. IN A SPECIAL ASSESSING UNIT THAT IS A CITY, NOTHING IN THIS SECTION SHALL BE CONSTRUED TO REQUIRE THE USE OF RENT-REGULATED PROPERTIES AS COMPARISON PROPERTIES FOR ASSESSMENT PURPOSES. FOR THE PURPOSE OF THIS PARAGRAPH ONLY, THE TERM "RENT-REGULATED PROPERTIES" SHALL MEAN HOUSING ACCOMMO- DATIONS WHICH ARE SUBJECT TO THE REGULATIONS AND CONTROL OF RESIDENTIAL RENTS AND EVICTIONS PURSUANT TO THE EMERGENCY HOUSING RENT CONTROL LAW, THE LOCAL EMERGENCY HOUSING RENT CONTROL ACT, THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR, THE NEW YORK CITY RENT AND REHABILITATION LAW OR THE NEW YORK CITY RENT STABILIZATION LAW OF NINE- TEEN HUNDRED SIXTY-NINE. FOR THE PURPOSE OF THIS PARAGRAPH ONLY, THE TERM "COMPARISON PROPERTIES" SHALL MEAN ANY REAL PROPERTY CONSIDERED BY AN ASSESSOR TO BE SUFFICIENTLY SIMILAR TO A SUBJECT PROPERTY TO BE COMPARED TO IT TO DETERMINE THE SUBJECT PROPERTY'S ASSESSMENT. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01366-01-9
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