A07720 Summary:
| BILL NO | A07720 |
| SAME AS | SAME AS S05679 |
| SPONSOR | Schimel |
| COSPNSR | |
| MLTSPNSR | |
| Amd S1903, RPT L | |
| Relates to the computation of homestead and non-homestead base proportions in the county of Nassau. | |
A07720 Actions:
| BILL NO | A07720 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 05/26/2015 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/06/2016 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
A07720 Committee Votes:
Go to topA07720 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA07720 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 7720 2015-2016 Regular Sessions IN ASSEMBLY May 26, 2015 ___________ Introduced by M. of A. SCHIMEL -- read once and referred to the Commit- tee on Real Property Taxation AN ACT to amend the real property tax law, in relation to the computa- tion of homestead and non-homestead base proportions in the county of Nassau The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 1903 of the real property tax law 2 is amended by adding a new paragraph (i) to read as follows: 3 (i) In the county of Nassau, for the purpose of computing any class's 4 total value or assessment, any property which is tax exempt because of 5 that property's ownership or leasehold will be included in the calcu- 6 lation of the homestead and non-homestead base proportions as if it were 7 taxable, for the sole purpose of calculating such base proportions. The 8 inclusion of such properties for this purpose shall not be construed as 9 affecting the taxable status of such properties. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11247-01-5