Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 29, 2021 |
signed chap.184 |
Jun 17, 2021 |
delivered to governor |
Jun 03, 2021 |
returned to senate passed assembly ordered to third reading rules cal.362 substituted for a7126 |
Jun 03, 2021 |
substituted by s7031 |
Jun 02, 2021 |
ordered to third reading rules cal.362 rules report cal.362 reported |
May 26, 2021 |
reported referred to rules |
Apr 27, 2021 |
reported referred to ways and means |
Apr 23, 2021 |
referred to real property taxation |
Assembly Bill A7126
Signed By Governor2021-2022 Legislative Session
Sponsored By
QUART
Archive: Last Bill Status Via S7031 - Signed by Governor
- 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
Actions
Votes
co-Sponsors
Edward Braunstein
2021-A7126 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7031
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §467-a, RPT L
2021-A7126 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7126 2021-2022 Regular Sessions I N A S S E M B L Y April 23, 2021 ___________ 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 chapter 90 of the laws of 2019, 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 through two thousand [twenty] TWEN- TY-TWO 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 owner, shall be eligible to receive a partial abatement pursuant to paragraphs (d-1), (d-2), (d-3) and (d-4) of this subdivi- sion. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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