S01191 Summary:

BILL NOS01191B
 
SAME ASSAME AS A02874-A
 
SPONSORLITTLE
 
COSPNSRSEPULVEDA, STEWART-COUSINS
 
MLTSPNSR
 
Amd §581, RPT L; amd §339-y, RP L
 
Relates to the taxation of property owned by a cooperative corporation.
Go to top    

S01191 Actions:

BILL NOS01191B
 
01/06/2017REFERRED TO LOCAL GOVERNMENT
03/22/2017AMEND AND RECOMMIT TO LOCAL GOVERNMENT
03/22/2017PRINT NUMBER 1191A
01/03/2018REFERRED TO LOCAL GOVERNMENT
01/24/2018AMEND AND RECOMMIT TO LOCAL GOVERNMENT
01/24/2018PRINT NUMBER 1191B
06/18/2018COMMITTEE DISCHARGED AND COMMITTED TO RULES
06/18/2018ORDERED TO THIRD READING CAL.1816
06/20/2018RECOMMITTED TO RULES
Go to top

S01191 Committee Votes:

Go to top

S01191 Floor Votes:

There are no votes for this bill in this legislative session.
Go to top

S01191 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         1191--B
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                     January 6, 2017
                                       ___________
 
        Introduced  by  Sen.  LITTLE -- 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 -- recommitted to the Committee on Local
          Government in accordance with Senate  Rule  6,  sec.  8  --  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:
 
     1    Section 1. Subdivision 1 of section 581 of the real property  tax  law
     2  is amended by adding a new paragraph (d) to read as follows:
     3    (d)  The  provisions  of  paragraph  (a) of this subdivision shall not
     4  apply to real property owned or leased by a cooperative  corporation  or
     5  on  a condominium basis in a municipal corporation, other than a special
     6  assessing unit, which has adopted, prior to the taxable status  date  of
     7  the assessment roll upon which its taxes will be levied, a local law or,
     8  for  a  school  district,  a resolution providing that the provisions of
     9  paragraph (a) of this subdivision shall not apply to such real  property
    10  within  that municipal corporation; provided, however, the provisions of
    11  this paragraph shall not apply to real property owned  or  leased  by  a
    12  cooperative  corporation  or on a condominium basis that had been previ-
    13  ously subject to the provisions of paragraph  (a)  of  this  subdivision
    14  prior to January first, two thousand twenty-one.
    15    §  2.  Subdivision  1  of  section  339-y  of the real property law is
    16  amended by adding a new paragraph (g) to read as follows:
    17    (g) The provisions of paragraph (b)  of  this  subdivision  shall  not
    18  apply  to  real property owned or leased by a cooperative corporation or
    19  on a condominium basis in a municipal corporation other than  a  special
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00033-04-8

        S. 1191--B                          2
 
     1  assessing  unit,  which has adopted, prior to the taxable status date of
     2  the assessment roll upon which its taxes will be levied, a local law or,
     3  for a school district, a resolution providing  that  the  provisions  of
     4  paragraph  (b) of this subdivision shall not apply to such real property
     5  within that municipal corporation; provided, however, the provisions  of
     6  this  paragraph  shall  not  apply to real property owned or leased by a
     7  cooperative corporation or on a condominium basis that had  been  previ-
     8  ously  subject  to  the  provisions of paragraph (b) of this subdivision
     9  prior to January first, two thousand twenty-one.
    10    § 3. This act shall take effect immediately and shall apply to assess-
    11  ment rolls prepared on the basis of taxable status dates occurring on or
    12  after January 1, 2021.
Go to top