A01816 Summary:
| BILL NO | A01816 |
| SAME AS | SAME AS S02846 |
| SPONSOR | Weprin |
| COSPNSR | Lavine, Malliotakis |
| MLTSPNSR | Colton, Cook, Dinowitz, Finch, Glick, Perry, Rivera, Robinson |
| Amd S1802, RPT L | |
| Relates to classifying certain property held in cooperative form as class one properties for assessment purposes. | |
A01816 Actions:
| BILL NO | A01816 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/13/2015 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/06/2016 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
A01816 Committee Votes:
Go to topA01816 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA01816 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 1816 2015-2016 Regular Sessions IN ASSEMBLY January 13, 2015 ___________ Introduced by M. of A. WEPRIN -- Multi-Sponsored by -- M. of A. COLTON, COOK, DINOWITZ, FINCH, GLICK, PERRY, RIVERA, ROBINSON, SCARBOROUGH -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to classifying certain cooperative and condominium properties as class one properties for assessment purposes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph class one of subdivision 1 of section 1802 of the 2 real property tax law, as amended by chapter 332 of the laws of 2008, is 3 amended to read as follows: 4 Class one: (a) all one, two and three family residential real proper- 5 ty, including such dwellings used in part for nonresidential 6 purposes but which are used primarily for residential purposes, 7 except such property held in cooperative or condominium forms of 8 ownership other than [(i)] property defined in subparagraphs (b) 9 and (c) of this paragraph [and (ii) property which contains no10more than three dwelling units held in condominium form of11ownership and which was classified within this class on a previ-12ous assessment roll]; and provided that, notwithstanding the 13 provisions of paragraph (g) of subdivision twelve of section one 14 hundred two of this chapter, a mobile home or a trailer shall 15 not be classified within this class unless it is owner-occupied 16 and separately assessed; and (b) residential real property [not17more than three stories in height] held in condominium form of 18 ownership, provided that [no dwelling unit therein previously19was on an assessment roll as a dwelling unit in other than20condominium form of ownership] such dwelling unit is occupied by 21 its owner; and (c) residential real property [consisting of one22family house structures] owned by the occupant, situated on land 23 held in cooperative ownership by owner occupiers[, providedEXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01479-01-5A. 1816 2 1that; (i) such house structures and land constituted bungalow2colonies in existence prior to nineteen hundred forty; and (ii)3the land is held in cooperative ownership for the sole purpose4of maintaining one family residences for members own use]; and 5 (d) all vacant land located within a special assessing unit 6 which is a city (i) other than such land in the borough of 7 Manhattan, provided that any such vacant land which is not zoned 8 residential must be situated immediately adjacent to property 9 improved with a residential structure as defined in subpara- 10 graphs (a) and (b) of this paragraph, be owned by the same owner 11 as such immediately adjacent residential property immediately 12 prior to and since January 1, 1989, and have a total area not 13 exceeding 10,000 square feet; and (ii) located in the borough of 14 Manhattan north of or adjacent to the north side of 110th street 15 provided such vacant land was classified within this class on 16 the assessment roll with a taxable status date of January 5, 17 2008 and the owner of such land has entered into a recorded 18 agreement with a governmental entity on or before December 31, 19 2008 requiring construction of housing affordable to persons or 20 families of low income in accordance with the provisions of the 21 private housing finance law. Notwithstanding the foregoing, such 22 vacant land shall be classified according to its use on the 23 assessment roll with a taxable status date immediately following 24 commencement of construction, provided further, that 25 construction pursuant to an approved plan for affordable housing 26 shall commence no later than December 31, 2010; and (e) all 27 vacant land located within a special assessing unit which is not 28 a city, provided that such vacant land which is not zoned resi- 29 dential must be situated immediately adjacent to real property 30 defined in subparagraph (a), (b) or (c) of this paragraph and be 31 owned by the same person or persons who own the real property 32 defined in such subparagraph immediately prior to and since 33 January 1, 2003; 34 § 2. This act shall take effect on the first of January next succeed- 35 ing the date on which it shall have become a law.