S T A T E O F N E W Y O R K
________________________________________________________________________
4612
2021-2022 Regular Sessions
I N A S S E M B L Y
February 4, 2021
___________
Introduced by M. of A. CUSICK -- read once and referred to the Committee
on Real Property Taxation
AN ACT to prohibit the assessment of fees for real property taxes owed
on real property owned by small businesses and small landlords during
the COVID-19 state disaster emergency
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law to the contrary,
no taxing jurisdiction shall assess a fee, including interest or penal-
ties, for real property taxes owed on property owned by a small business
or small landlord during the period commencing with the declaration of
the state disaster emergency declared pursuant to Executive Order No.
202 of 2020 through 90 days following the end of such state disaster
emergency. For the purposes of this act: (a) "small business" means a
business in this state with twenty or fewer full-time employees and
which has a gross annual income of three million dollars or less; and
(b) "small landlord" means a non-residential not-for-profit or commer-
cial landlord owning and operating ten or fewer units.
ยง 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07343-02-1