Assembly Bill A6119

2019-2020 Legislative Session

Creates the real property regulatory impacts act

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

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2019-A6119 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Add Art 12-D §§447-a - 447-g, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A2860
2011-2012: A2635
2013-2014: A3216
2015-2016: A3924
2017-2018: A7340
2021-2022: A5664
2023-2024: A4886

2019-A6119 (ACTIVE) - Summary

Creates the real property regulatory impacts act; provides that the owner of any real property may bring an action against the state whenever the application of any state statute, rule or regulation to such property causes a diminution in value of fifty percent or more.

2019-A6119 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6119
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 28, 2019
                                ___________
 
 Introduced by M. of A. FITZPATRICK, SALKA -- Multi-Sponsored by -- M. of
   A. MANKTELOW -- read once and referred to the Committee on Judiciary
 
 AN  ACT to amend the real property law, in relation to the real property
   regulatory impacts act
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  real property law is amended by adding a new article
 12-D to read as follows:
 
                               ARTICLE 12-D
                   REAL PROPERTY REGULATORY IMPACTS ACT
 
 SECTION 447-A. SHORT TITLE.
         447-B. DEFINITIONS.
         447-C. ATTORNEY GENERAL RULE REVIEW.
         447-D. DIMINUTION IN VALUE.
         447-E. INVALIDATION.
         447-F. STATUTE OF LIMITATIONS.
         447-G. CONSTITUTIONAL OR STATUTORY RIGHTS NOT RESTRICTED.
   § 447-A. SHORT TITLE. THIS ARTICLE SHALL BE KNOWN AND MAY BE CITED  AS
 THE "REAL PROPERTY REGULATORY IMPACTS ACT".
   §  447-B. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, THE FOLLOWING
 TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   1. "DIMINUTION IN VALUE OF  FIFTY  PERCENT  OR  MORE"  MEANS  A  FIFTY
 PERCENT  REDUCTION IN THE FAIR MARKET VALUE OF THE REAL PROPERTY SUBJECT
 TO ANY STATE STATUTE, REGULATION OR  RULE,  OR  TO  THE  DENIAL  OF  ANY
 PERMIT, LICENSE OR AUTHORIZATION BY THE STATE.
   2.  "INVERSE  CONDEMNATION"  MEANS A SUIT AGAINST THE STATE TO RECOVER
 MONEY DAMAGES EQUAL TO THE DIMINUTION IN THE FAIR MARKET  VALUE  OF  THE
 PROPERTY.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05976-01-9
              

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