Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 02, 2022 |
returned to assembly passed senate 3rd reading cal.1890 substituted for s5946b |
Jun 02, 2022 |
substituted by a3491b ordered to third reading cal.1890 committee discharged and committed to rules |
Jan 05, 2022 |
referred to local government |
Dec 15, 2021 |
print number 5946b |
Dec 15, 2021 |
amend and recommit to local government |
Jun 07, 2021 |
print number 5946a |
Jun 07, 2021 |
amend and recommit to local government |
Mar 23, 2021 |
referred to local government |
Senate Bill S5946
2021-2022 Legislative Session
Sponsored By
(D, WF) Senate District
Archive: Last Bill Status Via A3491 - Passed Senate
- 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
Bill Amendments
2021-S5946 - Details
2021-S5946 - Sponsor Memo
BILL NUMBER: S5946 SPONSOR: REICHLIN-MELNICK TITLE OF BILL: An act to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corporation PURPOSE: The purpose of this legislation is to allow municipal corporations to value newly constructed and converted cooperative and condominium units as they would for real property to alleviate any negative impacts placed on the locality by the current statute. SUMMARY OF PROVISIONS: Section 1. Subdivision 1 of section 581 of the Real Property Tax Law is amended by adding a new paragraph: (d) The provisions of paragraph (a) of this subdivision shall not apply to real property owned or leased
2021-S5946 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5946 2021-2022 Regular Sessions I N S E N A T E March 23, 2021 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corpo- ration THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 581 of the real property tax law is amended by adding a new paragraph (d) to read as follows: (D) THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION, OTHER THAN A SPECIAL ASSESSING UNIT, WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS DATE OF THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR, FOR A SCHOOL DISTRICT, A RESOLUTION PROVIDING THAT THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL PROPERTY WITHIN THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT HAD BEEN PREVI- OUSLY SUBJECT TO THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION PRIOR TO JANUARY FIRST, TWO THOUSAND TWENTY-TWO. § 2. Subdivision 1 of section 339-y of the real property law is amended by adding a new paragraph (g) to read as follows: (G) THE PROVISIONS OF PARAGRAPH (B) OF THIS SUBDIVISION SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION OTHER THAN A SPECIAL ASSESSING UNIT, WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS DATE OF THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR, FOR A SCHOOL DISTRICT, A RESOLUTION PROVIDING THAT THE PROVISIONS OF PARAGRAPH (B) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL PROPERTY WITHIN THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS OF EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2021-S5946A - Details
2021-S5946A - Sponsor Memo
BILL NUMBER: S5946A SPONSOR: REICHLIN-MELNICK TITLE OF BILL: An act to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corporation PURPOSE: The purpose of this legislation is to allow municipal corporations to value newly constructed and converted cooperative and condominium units as they would for real property to alleviate any negative impacts placed on the locality by the current statute. SUMMARY OF PROVISIONS: Section 1. Subdivision 1 of section 581 of the Real Property Tax Law is amended by adding a new paragraph: (d) The provisions of paragraph (a) of this subdivision shall not apply to real property owned or leased by a cooperative corporation or on a condominium basis in a municipal
2021-S5946A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5946--A 2021-2022 Regular Sessions I N S E N A T E March 23, 2021 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corpo- ration THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 581 of the real property tax law is amended by adding a new paragraph (d) to read as follows: (D) THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION, OTHER THAN A SPECIAL ASSESSING UNIT, WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS DATE OF THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR, FOR A SCHOOL DISTRICT, A RESOLUTION PROVIDING THAT THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL PROPERTY WITHIN THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT HAD BEEN PREVI- OUSLY SUBJECT TO THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION PRIOR TO JANUARY FIRST, TWO THOUSAND TWENTY-TWO; PROVIDED FURTHER, HOWEVER, THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO REAL PROP- ERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT IS PARTICIPATING IN AN AFFORDABLE HOUSING TAX CREDIT PROGRAM OR HAS A REGULATORY AGREEMENT WITH A FEDERAL, STATE, OR LOCAL AGENCY RELATED TO AFFORDABLE HOUSING REQUIREMENTS. § 2. Subdivision 1 of section 339-y of the real property law is amended by adding a new paragraph (g) to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08115-03-1
2021-S5946B (ACTIVE) - Details
2021-S5946B (ACTIVE) - Sponsor Memo
BILL NUMBER: S5946B SPONSOR: REICHLIN-MELNICK TITLE OF BILL: An act to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corporation PURPOSE: The purpose of this legislation is to allow municipal corporations to value newly constructed and converted cooperative and condominium units as they would for real property to alleviate any negative impacts placed on the locality by the current statute. SUMMARY OF PROVISIONS: Section 1. Subdivision 1 of section 581 of the Real Property Tax Law is amended by adding a new paragraph: (d) The provisions of paragraph (a) of this subdivision shall not apply to real property owned or leased by a cooperative corporation or on a condominium basis in a municipal
2021-S5946B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5946--B 2021-2022 Regular Sessions I N S E N A T E March 23, 2021 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the real property tax law and the real property law, in relation to the taxation of property owned by a cooperative corpo- ration THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 581 of the real property tax law is amended by adding a new paragraph (d) to read as follows: (D) THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION, OTHER THAN A SPECIAL ASSESSING UNIT, WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS DATE OF THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR, FOR A SCHOOL DISTRICT, A RESOLUTION PROVIDING THAT THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL PROPERTY WITHIN THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT HAD BEEN PREVI- OUSLY SUBJECT TO THE PROVISIONS OF PARAGRAPH (A) OF THIS SUBDIVISION PRIOR TO JANUARY FIRST, TWO THOUSAND TWENTY-THREE; PROVIDED FURTHER, HOWEVER, THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO REAL PROP- ERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT IS PARTICIPATING IN AN AFFORDABLE HOUSING TAX CREDIT PROGRAM OR HAS A REGULATORY AGREEMENT WITH A FEDERAL, STATE, OR LOCAL AGENCY RELATED TO AFFORDABLE HOUSING REQUIREMENTS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08115-05-1 S. 5946--B 2
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