S T A T E O F N E W Y O R K
________________________________________________________________________
7993
2019-2020 Regular Sessions
I N A S S E M B L Y
May 30, 2019
___________
Introduced by M. of A. WOERNER -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT in relation to directing the state board of real property tax
services to conduct a study on real property tax saturation
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. For purposes of this act, the term "real property tax satu-
ration" shall be considered a broad term that encompasses the impact of
high percentages of tax exempt real property within a municipality on
the overall economic viability of the municipality.
§ 2. The state board of real property tax services is authorized and
directed to conduct a study on real property tax saturation. Such study
shall include, but not be limited to:
(a) the percentage of real property within each county of the state
that is exempt from real property taxation;
(b) in counties where there is a high percentage of real property
exempt from real property taxation, the impact of such exempt real prop-
erty on:
(i) the housing market in the county, including new construction;
(ii) the growth of new small businesses in the county, if any;
(iii) the growth of new jobs in the county, if any;
(iv) the population growth of the county, if any;
(v) the number of tax exempt not-for-profit organizations in the coun-
ty;
(vi) the percentage of dedicated park land in the county;
(vii) any other information the board deems appropriate;
(c) feasible revisions to real property tax policies, procedures and
practices that reduce the tax burden in properties within the county
that are subject to real property taxation; and
(d) strategies that will support an equitable distribution of real
property taxation within the county.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11329-01-9
A. 7993 2
§ 3. Such board shall make a report of the findings of its study,
including any recommendations for legislative action as it may deem
necessary and appropriate. Such report shall be delivered to the gover-
nor, the temporary president of the senate and the speaker of the assem-
bly no later than one year after the effective date of this act.
§ 4. This act shall take effect immediately.