S06573 Summary:

BILL NOS06573
 
SAME ASSAME AS A09483
 
SPONSORSTAVISKY
 
COSPNSR
 
MLTSPNSR
 
Add S11-240, NYC Ad Cd
 
Relates to payment of legal fees incurred by cooperative corporations or condominiums in connection with tax certiorari proceedings.
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S06573 Actions:

BILL NOS06573
 
02/29/2012REFERRED TO CITIES
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S06573 Floor Votes:

There are no votes for this bill in this legislative session.
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S06573 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6573
 
                    IN SENATE
 
                                    February 29, 2012
                                       ___________
 
        Introduced  by Sen. STAVISKY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Cities
 
        AN ACT to amend the administrative code of the  city  of  New  York,  in
          relation to payment of legal fees incurred by cooperative corporations
          or condominiums in connection with tax certiorari proceedings
 

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The administrative code of the city of New York is  amended
     2  by adding a new section 11-240 to read as follows:
     3    §  11-240  Tax certiorari proceedings; payment of legal fees. The city
     4  shall pay twenty-five percent of legal fees incurred  by  a  cooperative
     5  corporation   or  condominium  board  as  a  result  of  tax  certiorari
     6  proceedings brought by the corporation or board  regardless  of  whether
     7  such corporation or board prevails in the proceedings.
     8    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.

                                                                   LBD14805-01-2
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