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A05211 Summary:
BILL NO A05211 SAME AS No same as SPONSOR Titone COSPNSR MLTSPNSR Confirms eligibility for and directs the New York city department of finance to provide exemption from taxation for certain residential dwelling units in the county of Richmond; provides that the exemption benefits shall be based upon all increases in assessed valuation, whether they are physical or equalization increases; sets forth the annual exemption benefits; provides that all exemption benefits prior to the current tax year shall result in credits to be applied to future taxes; provides that an extension may be granted for completion of the subject projects up to 96 months but no later than December 31, 2015.Go to top
