|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Oct 23, 2019||signed chap.386|
|Oct 11, 2019||delivered to governor|
|Jun 18, 2019||returned to assembly|
3rd reading cal.1610
substituted for s5609
|Jun 18, 2019||substituted by a1606|
ordered to third reading cal.1610
committee discharged and committed to rules
|May 08, 2019||referred to local government|
senate Bill S5609Signed By Governor
Archive: Last Bill Status Via A1606 - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S5609 (ACTIVE) - Details
S5609 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5609 SPONSOR: MARTINEZ TITLE OF BILL: An act to amend the general municipal law and the public authorities law, in relation to including the incorporation of resource conservation, energy efficiency, green technologies, and alter- native and renewable energy measures in a project into a uniform tax exemption policy PURPOSE: To raise the standards of PILOT projects and encourage the use of green technologies and energy saving measures to the fullest extent possible. SUMMARY OF PROVISIONS: Amends subdivision 1 of section 1963-a of the public authorities law, paragraph (a) of subdivision 4 of section 874 of the general municipal law, and subdivision 1 of section 2315 of the public authorities law as amended by chapter 357 of the laws of 1993 to include renewable energy consideration in uniform tax exemption policy.
S5609 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5609 2019-2020 Regular Sessions I N S E N A T E May 8, 2019 ___________ Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law and the public authorities law, in relation to including the incorporation of resource conserva- tion, energy efficiency, green technologies, and alternative and renewable energy measures in a project into a uniform tax exemption policy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 4 of section 874 of the gener- al municipal law, as amended by chapter 357 of the laws of 1993, is amended to read as follows: (a) The agency shall establish a uniform tax exemption policy, with input from affected tax jurisdictions, which shall be applicable to the provision of financial assistance pursuant to section eight hundred fifty-nine-a of this chapter and shall provide guidelines for the claim- ing of real property, mortgage recording, and sales tax exemptions. Such guidelines shall include, but not be limited to: period of exemption; percentage of exemption; types of projects for which exemptions can be claimed; procedures for payments in lieu of taxes and instances in which real property appraisals are to be performed as a part of an application for tax exemption; in addition, agencies shall in adopting such policy consider such issues as: the extent to which a project will create or retain permanent, private sector jobs; the esti- mated value of any tax exemptions to be provided; whether affected tax jurisdictions shall be reimbursed by the project occupant if a project does not fulfill the purposes for which an exemption was provided; the impact of a proposed project on existing and proposed businesses and economic development projects in the vicinity; the amount of private sector investment generated or likely to be generated by the proposed project; the demonstrated public support for the proposed project; the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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