S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8383
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 15, 2019
                                ___________
 
 Introduced  by M. of A. QUART -- read once and referred to the Committee
   on Real Property Taxation
 
 AN ACT to amend the real property tax  law,  in  relation  to  extending
   certain provisions relating to a partial tax abatement for residential
   real property held in the cooperative or condominium form of ownership
   in a city having a population 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. Paragraphs (a) and (b) of subdivision 2 of section 467-a of
 the real property tax law, as amended by section 61 of part A of chapter
 20 of the laws of 2015, are amended to read as follows:
   (a) In a city having a population of one  million  or  more,  dwelling
 units  owned  by  unit  owners  who, as of the applicable taxable status
 date, own no more than three dwelling units in any one property held  in
 the  condominium  form  of  ownership,  shall  be  eligible to receive a
 partial abatement of real property taxes, as  set  forth  in  paragraphs
 (c),  (d),  (d-1), (d-2), (d-3), (d-4), (d-5) and (d-6) of this subdivi-
 sion; provided, however, that a property held in the condominium form of
 ownership that is  receiving  complete  or  partial  real  property  tax
 exemption or tax abatement pursuant to any other provision of this chap-
 ter or any other state or local law, except as provided in paragraph (f)
 of  this  subdivision, shall not be eligible to receive a partial abate-
 ment pursuant to this section;  and  provided,  further,  that  sponsors
 shall  not  be  eligible to receive a partial abatement pursuant to this
 section; and provided, further, that in the fiscal years  commencing  in
 calendar years two thousand twelve[, two thousand thirteen, two thousand
 fourteen,  two  thousand  fifteen,  two  thousand  sixteen, two thousand
 seventeen or two thousand eighteen] THROUGH TWO THOUSAND TWENTY no  more
 than  a  maximum  of  three  dwelling units owned by any unit owner in a
 single building, one of which must be the primary residence of such unit
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13372-03-9
              

 A. 8383                             2
 
 owner, shall be eligible to receive  a  partial  abatement  pursuant  to
 paragraphs (d-1), (d-2), (d-3) and (d-4) of this subdivision.
   (b)  In  a  city  having a population of one million or more, dwelling
 units owned by tenant-stockholders who, as  of  the  applicable  taxable
 status  date,  own no more than three dwelling units in any one property
 held in the cooperative form of ownership, shall be eligible to  receive
 a  partial  abatement of real property taxes, as set forth in paragraphs
 (c), (d), (d-1), (d-2), (d-3), (d-4), (d-5) and (d-6) of  this  subdivi-
 sion; provided, however, that a property held in the cooperative form of
 ownership  that  is  receiving  complete  or  partial  real property tax
 exemption or tax abatement pursuant to any other provision of this chap-
 ter or any other state or local law, except as provided in paragraph (f)
 of this subdivision, shall not be eligible to receive a  partial  abate-
 ment  pursuant  to  this  section;  and provided, further, that sponsors
 shall not be eligible to receive a partial abatement  pursuant  to  this
 section;  and  provided, further, that in the fiscal years commencing in
 calendar years two thousand twelve[, two thousand thirteen, two thousand
 fourteen, two thousand  fifteen,  two  thousand  sixteen,  two  thousand
 seventeen  or two thousand eighteen] THROUGH TWO THOUSAND TWENTY no more
 than a maximum of three dwelling units owned by  any  tenant-stockholder
 in a single building, one of which must be the primary residence of such
 tenant-stockholder,  shall  be  eligible  to receive a partial abatement
 pursuant to paragraphs (d-1), (d-2), (d-3) and (d-4)  of  this  subdivi-
 sion.  For  purposes  of this section, a tenant-stockholder of a cooper-
 ative apartment corporation shall be deemed to  own  the  dwelling  unit
 which  is represented by his or her shares of stock in such corporation.
 Any abatement so granted shall be credited  by  the  appropriate  taxing
 authority  against the tax due on the property as a whole. The reduction
 in real property taxes received thereby shall be credited by the cooper-
 ative apartment corporation against the amount of such  taxes  attribut-
 able to eligible dwelling units at the time of receipt.
   §  2.  Paragraphs  (d-1),  (d-2),  (d-3) and (d-4) of subdivision 2 of
 section 467-a of the real property tax law, as amended by section 62  of
 part  A  of  chapter  20  of  the  laws  of 2015, are amended to read as
 follows:
   (d-1) In the fiscal years commencing in calendar  years  two  thousand
 twelve, two thousand thirteen and two thousand fourteen, eligible dwell-
 ing  units in property whose average unit assessed value is less than or
 equal to fifty thousand dollars shall receive a partial abatement of the
 real property taxes attributable to or due on  such  dwelling  units  of
 twenty-five  percent,  twenty-six  and one-half percent and twenty-eight
 and one-tenth percent respectively. In the fiscal  years  commencing  in
 calendar years two thousand fifteen[, two thousand sixteen, two thousand
 seventeen  and two thousand eighteen] THROUGH TWO THOUSAND TWENTY eligi-
 ble dwelling units in property whose average unit assessed value is less
 than or equal to fifty thousand dollars shall receive a  partial  abate-
 ment  of the real property taxes attributable to or due on such dwelling
 units of twenty-eight and one-tenth percent.
   (d-2) In the fiscal years commencing in calendar  years  two  thousand
 twelve, two thousand thirteen and two thousand fourteen, eligible dwell-
 ing  units  in  property  whose average unit assessed value is more than
 fifty thousand dollars, but less than or equal  to  fifty-five  thousand
 dollars,  shall  receive  a partial abatement of the real property taxes
 attributable to or due on such dwelling units of twenty-two and one-half
 percent, twenty-three and eight-tenths percent and twenty-five and  two-
 tenths  percent respectively. In the fiscal years commencing in calendar

 A. 8383                             3
 
 years two thousand fifteen[, two thousand sixteen, two  thousand  seven-
 teen  and  two  thousand  eighteen] THROUGH TWO THOUSAND TWENTY eligible
 dwelling units in property whose average unit  assessed  value  is  more
 than  fifty thousand dollars, but less than or equal to fifty-five thou-
 sand dollars, shall receive a partial abatement  of  the  real  property
 taxes  attributable  to or due on such dwelling units of twenty-five and
 two-tenths percent.
   (d-3) In the fiscal years commencing in calendar  years  two  thousand
 twelve, two thousand thirteen and two thousand fourteen, eligible dwell-
 ing  units  in  property  whose average unit assessed value is more than
 fifty-five thousand dollars, but less than or equal  to  sixty  thousand
 dollars,  shall  receive  a partial abatement of the real property taxes
 attributable to or due on such dwelling units of twenty  percent,  twen-
 ty-one  and  two-tenths  percent, and twenty-two and five-tenths percent
 respectively. In the fiscal years commencing in calendar years two thou-
 sand fifteen[, two thousand sixteen,  two  thousand  seventeen  and  two
 thousand  eighteen]  THROUGH TWO THOUSAND TWENTY eligible dwelling units
 in property whose average unit assessed value is  more  than  fifty-five
 thousand  dollars,  but  less  than  or equal to sixty thousand dollars,
 shall receive a partial abatement of the real property  taxes  attribut-
 able  to  or  due  on  such dwelling units of twenty-two and five-tenths
 percent.
   (d-4) In the fiscal years commencing in calendar  years  two  thousand
 twelve[,  two  thousand  thirteen,  two  thousand fourteen, two thousand
 fifteen, two thousand sixteen, two thousand seventeen and  two  thousand
 eighteen]  THROUGH TWO THOUSAND TWENTY, eligible dwelling units in prop-
 erty whose average unit assessed  value  is  more  than  sixty  thousand
 dollars  shall  receive  a  partial abatement of the real property taxes
 attributable to or due on such dwelling units of seventeen and  one-half
 percent.
   § 3. Paragraph (a) of subdivision 3 of section 467-a of the real prop-
 erty  tax  law,  as amended by section 63 of part A of chapter 20 of the
 laws of 2015, is amended to read as follows:
   (a) An application for an abatement pursuant to this section  for  the
 fiscal  year  commencing  in  calendar  year nineteen hundred ninety-six
 shall be made no later than the fifteenth  day  of  September,  nineteen
 hundred  ninety-six.  An  application  for an abatement pursuant to this
 section for the fiscal year commencing in calendar year nineteen hundred
 ninety-seven shall be made no later than the first day of  April,  nine-
 teen  hundred  ninety-seven. An application for an abatement pursuant to
 this section for the fiscal year commencing in  calendar  year  nineteen
 hundred ninety-eight shall be made no later than the first day of April,
 nineteen  hundred ninety-eight. An application for an abatement pursuant
 to this section for the fiscal year commencing in calendar year nineteen
 hundred ninety-nine shall be made in accordance  with  this  subdivision
 and subdivision three-a of this section. An application for an abatement
 pursuant to this section for the fiscal year commencing in calendar year
 two  thousand shall be made no later than the fifteenth day of February,
 two thousand. An application for an abatement pursuant to  this  section
 for  the  fiscal year commencing in calendar year two thousand one shall
 be made in accordance with this subdivision and subdivision  three-b  of
 this  section.  An application for an abatement pursuant to this section
 for the fiscal year commencing in calendar year two thousand  two  shall
 be  made  no later than the fifteenth day of February, two thousand two.
 An application for an abatement pursuant to this section for the  fiscal
 year  commencing  in  calendar  year two thousand three shall be made no

 A. 8383                             4
 
 later than the fifteenth day of February, two thousand three. An  appli-
 cation  for  an  abatement  pursuant to this section for the fiscal year
 commencing in calendar year two thousand four shall be made  in  accord-
 ance  with  this subdivision and subdivision three-c of this section. An
 application for an abatement pursuant to this  section  for  the  fiscal
 year  commencing  in  calendar  year  two thousand five shall be made no
 later than the fifteenth day of February, two thousand five. An applica-
 tion for an abatement pursuant to  this  section  for  the  fiscal  year
 commencing in calendar year two thousand six shall be made no later than
 the  fifteenth  day of February, two thousand six. An application for an
 abatement pursuant to this section for the  fiscal  year  commencing  in
 calendar  year  two  thousand  seven  shall  be  made  no later than the
 fifteenth day of February, two thousand seven. An application for abate-
 ment pursuant to this section for the fiscal year commencing in calendar
 year two thousand eight shall be made in accordance with  this  subdivi-
 sion  and  subdivision  three-d  of  this section. An application for an
 abatement pursuant to this section for the  fiscal  year  commencing  in
 calendar  year  two  thousand  nine  shall  be  made  no  later than the
 fifteenth day of February, two thousand  nine.  An  application  for  an
 abatement  pursuant  to  this  section for the fiscal year commencing in
 calendar year two thousand ten shall be made no later than the fifteenth
 day of February, two thousand  ten.  An  application  for  an  abatement
 pursuant to this section for the fiscal year commencing in calendar year
 two  thousand  eleven  shall  be made no later than the fifteenth day of
 February, two thousand eleven. An application for an abatement  pursuant
 to  this  section  for the fiscal years commencing in calendar years two
 thousand twelve and two thousand thirteen shall be  made  in  accordance
 with  subdivision  three-e  of  this section. The date or dates by which
 applications for an abatement pursuant to this section shall be made for
 the fiscal years beginning in calendar years two thousand fourteen[, two
 thousand fifteen, two thousand sixteen, two thousand seventeen  and  two
 thousand  eighteen]  THROUGH TWO THOUSAND TWENTY shall be established by
 the commissioner of finance by rule, provided that such  date  or  dates
 shall  not be later than the fifteenth day of February for such calendar
 years.
   § 4. This act shall take effect immediately.