STATE OF NEW YORK
________________________________________________________________________
7993
2019-2020 Regular Sessions
IN ASSEMBLY
May 30, 2019
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Introduced by M. of A. WOERNER -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT in relation to directing the state board of real property tax
services to conduct a study on real property tax saturation
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. For purposes of this act, the term "real property tax satu-
2 ration" shall be considered a broad term that encompasses the impact of
3 high percentages of tax exempt real property within a municipality on
4 the overall economic viability of the municipality.
5 § 2. The state board of real property tax services is authorized and
6 directed to conduct a study on real property tax saturation. Such study
7 shall include, but not be limited to:
8 (a) the percentage of real property within each county of the state
9 that is exempt from real property taxation;
10 (b) in counties where there is a high percentage of real property
11 exempt from real property taxation, the impact of such exempt real prop-
12 erty on:
13 (i) the housing market in the county, including new construction;
14 (ii) the growth of new small businesses in the county, if any;
15 (iii) the growth of new jobs in the county, if any;
16 (iv) the population growth of the county, if any;
17 (v) the number of tax exempt not-for-profit organizations in the coun-
18 ty;
19 (vi) the percentage of dedicated park land in the county;
20 (vii) any other information the board deems appropriate;
21 (c) feasible revisions to real property tax policies, procedures and
22 practices that reduce the tax burden in properties within the county
23 that are subject to real property taxation; and
24 (d) strategies that will support an equitable distribution of real
25 property taxation within the county.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11329-01-9
A. 7993 2
1 § 3. Such board shall make a report of the findings of its study,
2 including any recommendations for legislative action as it may deem
3 necessary and appropriate. Such report shall be delivered to the gover-
4 nor, the temporary president of the senate and the speaker of the assem-
5 bly no later than one year after the effective date of this act.
6 § 4. This act shall take effect immediately.
