Senate Bill S1158

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1158
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 10, 2023
                                ___________
 
 Introduced  by  Sens.  SKOUFIS,  GOUNARDES,  KRUEGER  --  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, in relation to the duration
   of the exemption for property of mandatory class  nonprofit  organiza-
   tions  by  reason of the absence of suitable buildings or improvements
   thereon if construction  of  such  buildings  or  improvements  is  in
   progress or is in good faith contemplated
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 3 of section 420-a of  the  real  property  tax
 law,  such  section as renumbered by chapter 919 of the laws of 1981, is
 amended and a new subdivision 17 is added to read as follows:
   3. Such real property from which no revenue is derived shall be exempt
 though not in actual use therefor by reason of the absence  of  suitable
 buildings or OTHER PHYSICAL improvements thereon if:
   (a)  the construction of such buildings or OTHER PHYSICAL improvements
 is in progress or is in good faith contemplated by such  corporation  or
 association  WITHIN SEVEN YEARS AFTER SUCH PROPERTY HAS BEEN ACQUIRED BY
 SUCH CORPORATION OR ASSOCIATION; FOR THE PURPOSES  OF  CALCULATING  SUCH
 SEVEN YEARS' PERIOD, WITH RESPECT TO PROPERTY ACQUIRED BEFORE THE EFFEC-
 TIVE  DATE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND TWENTY-THREE WHICH
 AMENDED THIS SUBDIVISION, SUCH SEVEN YEARS'  PERIOD  SHALL  COMMENCE  ON
 SUCH  EFFECTIVE  DATE, AND WITH RESPECT TO PROPERTY ACQUIRED ON OR AFTER
 SUCH EFFECTIVE DATE, SUCH SEVEN YEARS' PERIOD SHALL COMMENCE ON THE DATE
 OF ACQUISITION; or
   (b) such real property is held by such corporation or association upon
 condition that the title thereto shall revert in case any  building  not
 intended  and  suitable  for  one or more such purposes shall be erected
 upon such premises or some part thereof.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03722-01-3
 S. 1158                             2
              

 
   17. NOTWITHSTANDING ANY PROVISION OF THIS  SECTION  TO  THE  CONTRARY,
 REAL  PROPERTY  USED  FOR  THE PURPOSE OF A CHILDREN'S OVERNIGHT CAMP OR
 SUMMER DAY CAMP, AS SUCH TERMS ARE DEFINED IN SECTION  THIRTEEN  HUNDRED
 NINETY-TWO  OF  THE PUBLIC HEALTH LAW, AND REAL PROPERTY OWNED BY A NOT-
 FOR-PROFIT  CONSERVATION  ORGANIZATION  AS DEFINED IN SUBDIVISION TWO OF
 SECTION 49-0303 OF THE ENVIRONMENTAL CONSERVATION LAW  SHALL  BE  EXEMPT
 FROM THE PROVISIONS OF THIS SECTION.
   §  2. This act shall take effect on the first of January next succeed-
 ing the date on which it shall have become a law.