|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Mar 04, 2021||referred to real property taxation|
delivered to assembly
|Feb 01, 2021||advanced to third reading|
|Jan 26, 2021||2nd report cal.|
|Jan 25, 2021||1st report cal.160|
|Jan 08, 2021||referred to local government|
senate Bill S1202
Current Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1202 (ACTIVE) - Details
S1202 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1202 SPONSOR: HARCKHAM TITLE OF BILL: An act in relation to directing the state board of real property tax services to conduct a study on real property tax saturation; and provid- ing for the repeal of such provisions upon expiration thereof PURPOSE: This bill would direct the state board of real property tax services to conduct a study on real property tax saturation. SUMMARY OF PROVISIONS: Section 1 defines the term "real property tax saturation" for the purposes of this bill. Section 2 authorizes the state board of real property tax services to conduct a study on real property tax saturation, and outlines what the
S1202 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1202 2021-2022 Regular Sessions I N S E N A T E January 8, 2021 ___________ Introduced by Sen. HARCKHAM -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT in relation to directing the state board of real property tax services to conduct a study on real property tax saturation; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. For purposes of this act, the term "real property tax satu- ration" shall be considered a broad term that encompasses the impact of high percentages of tax exempt real property within a municipality on the overall economic viability of the municipality. § 2. The state board of real property tax services is authorized and directed to conduct a study on real property tax saturation. Such study shall include, but not be limited to: (a) the percentage of real property within each county of the state that is exempt from real property taxation; (b) an examination of each county within the top twentieth percentile of all counties for the highest percentage of real property exempt from taxation, such examination to include the impact of such exempt real property over the five year period preceding the study on: (i) the housing market in such counties, including new construction; (ii) the growth or loss of new small businesses in such counties; (iii) the growth or loss of new jobs in such counties; (iv) the population growth or loss of such counties; (v) the number of tax exempt not-for-profit organizations in such counties; (vi) the percentage of dedicated park land in such counties; (vii) any other information the board deems appropriate; (c) feasible revisions to real property tax policies, procedures and practices that have the potential to reduce the tax burden in properties within such counties that are subject to real property taxation; and EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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