A03173 Summary:

BILL NOA03173
 
SAME ASSAME AS S02331
 
SPONSORSepulveda (MS)
 
COSPNSR
 
MLTSPNSRJaffee
 
Amd §485-b, RPT L
 
Requires entities receiving a certain tax exemption to utilize New York State residents as at least eighty-five percent of its workforce during the course of a project for which the exemption is claimed.
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A03173 Actions:

BILL NOA03173
 
01/27/2017referred to real property taxation
01/03/2018referred to real property taxation
04/30/2018enacting clause stricken
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A03173 Committee Votes:

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A03173 Floor Votes:

There are no votes for this bill in this legislative session.
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A03173 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3173
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 27, 2017
                                       ___________
 
        Introduced  by  M.  of  A.  SEPULVEDA  -- Multi-Sponsored by -- M. of A.
          JAFFEE, LOPEZ -- read once and referred to the Committee on Real Prop-
          erty Taxation
 
        AN ACT to amend the real property tax law, in relation to the employment
          of New York state residents by entities receiving certain tax breaks

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision  13 of section 485-b of the real property tax
     2  law, as renumbered by chapter 305 of the laws  of  1994,  is  renumbered
     3  subdivision 14 and a new subdivision 13 is added to read as follows:
     4    13.  (a)  Any  entity  shall  not be entitled to receive the exemption
     5  provided by this section unless at  least  eighty-five  percent  of  its
     6  employees  are  residents  of  this  state or the entity falls within an
     7  exception listed in paragraph (b) of this subdivision.
     8    (b) An entity may receive the exemption provided by this section  with
     9  a  workforce  where  less  than eighty-five percent of the employees are
    10  residents of this state if it can show that:
    11    (i) it made diligent efforts to hire resident employees, but  no  such
    12  employees existed or were qualified for the employment position; or
    13    (ii)  the  employment  position  requires specialized talents that can
    14  only be filled by individuals who happen to reside outside this state.
    15    § 2. This act shall take effect on the ninetieth day  after  it  shall
    16  have  become  a law and shall apply to any exemption claimed on or after
    17  such effective date.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06943-01-7
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