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A03509 Text:

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                         3509

                              2013-2014 Regular Sessions

                                 I N  A S S E M B L Y

                                   January 28, 2013
                                      ___________

       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:

    1    Section 1. Section 706 of the real property  tax  law  is  amended  by
    2  adding a new subdivision 3 to read as follows:
    3    3.  FOR  THE PURPOSES OF ASSESSMENT, ENVIRONMENTAL CONTAMINATION SHALL
    4  BE EXCLUDED FROM CONSIDERATION.
    5    S 2. This act shall take effect immediately and shall  apply  to  real
    6  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.
                                                                  LBD07554-01-3