Assembly Bill A85

2019-2020 Legislative Session

Requires a referendum on all sales of property assessed at over twenty-five million dollars in New York city

download bill text pdf

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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-A85 (ACTIVE) - Details

Current Committee:
Assembly Cities
Law Section:
General Municipal Law
Laws Affected:
Add §74-a, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3371
2011-2012: A2596
2013-2014: A3424
2015-2016: A5041
2017-2018: A425
2021-2022: A221

2019-A85 (ACTIVE) - Summary

Requires a referendum for the approval on all sales of property assessed at over twenty-five million dollars in cities with a population of one million or more.

2019-A85 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    85
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 9, 2019
                                ___________
 
 Introduced  by M. of A. PERRY -- read once and referred to the Committee
   on Cities
 
 AN ACT to amend the general municipal  law,  in  relation  to  requiring
   voter  approval  for  sale  of certain property in cities with a popu-
   lation of one million or more

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  general  municipal  law  is  amended by adding a new
 section 74-a to read as follows:
   § 74-A. SALE OF CERTAIN PROPERTIES IN CITIES WITH A POPULATION OF  ONE
 MILLION  OR MORE. NO CITY WITH A POPULATION OF ONE MILLION OR MORE SHALL
 SELL ANY PROPERTY ASSESSED AT OVER TWENTY-FIVE  MILLION  DOLLARS  UNLESS
 SUCH  SALE  HAS  BEEN APPROVED PURSUANT TO A PERMISSIVE REFERENDUM. SUCH
 PERMISSIVE REFERENDUM SHALL BE HELD ON THE DAY OF THE  GENERAL  ELECTION
 NO  LESS  THAN  NINETY  DAYS  BEFORE  IT  IS HELD IN ACCORDANCE WITH THE
 PROVISIONS OF SECTION TWENTY-FOUR OF THE MUNICIPAL HOME RULE LAW.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02569-01-9

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