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Assembly Bill A7136

2025-2026 Legislative Session

Excludes environmental contamination from consideration as a factor for real property assessment

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Current Bill Status - In Assembly Committee

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2025-A7136 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd §706, RPT L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3466
2011-2012: A2686
2013-2014: A3509
2015-2016: A1744
2017-2018: A787
2019-2020: A3469
2021-2022: A1688
2023-2024: A3591, A3583

2025-A7136 (ACTIVE) - Summary

Excludes environmental contamination from consideration as a factor for assessment.

2025-A7136 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7136
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 20, 2025
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Real Property Taxation
 
 AN ACT to amend the real property tax  law,  in  relation  to  excluding
   environmental contamination from consideration as a factor for assess-
   ment
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 706 of the real property  tax  law  is  amended  by
 adding a new subdivision 3 to read as follows:
   3.  FOR  THE PURPOSES OF ASSESSMENT, ENVIRONMENTAL CONTAMINATION SHALL
 BE EXCLUDED FROM CONSIDERATION.
   § 2. This act shall take effect immediately and shall  apply  to  real
 property with a taxable status date on or after such date.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10122-01-5

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