- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
A08091 Summary:
BILL NO | A08091A |
  | |
SAME AS | SAME AS S05254-B |
  | |
SPONSOR | Magnarelli |
  | |
COSPNSR | Ryan, Simotas |
  | |
MLTSPNSR | |
  | |
Amd 485-a, RPT L | |
  | |
Relates to the residential-commercial urban exemption program; requires the owner to submit an annual certification to the assessor attesting that the property complies with the requirements of this section. |
A08091 Actions:
BILL NO | A08091A | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
05/31/2019 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
06/04/2019 | reported referred to codes | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2019 | reported referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
06/13/2019 | reported referred to rules | |||||||||||||||||||||||||||||||||||||||||||||||||
06/17/2019 | reported | |||||||||||||||||||||||||||||||||||||||||||||||||
06/17/2019 | rules report cal.423 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/17/2019 | ordered to third reading rules cal.423 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | REFERRED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | SUBSTITUTED FOR S5254A | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | 3RD READING CAL.1776 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2019 | SUBSTITUTION RECONSIDERED | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2019 | RECOMMITTED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | DIED IN SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | ordered to third reading cal.310 | |||||||||||||||||||||||||||||||||||||||||||||||||
02/13/2020 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
02/13/2020 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
02/13/2020 | REFERRED TO LOCAL GOVERNMENT | |||||||||||||||||||||||||||||||||||||||||||||||||
06/08/2020 | recalled from senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/08/2020 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
06/08/2020 | vote reconsidered - restored to third reading | |||||||||||||||||||||||||||||||||||||||||||||||||
06/08/2020 | amended on third reading 8091a | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | repassed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | COMMITTED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
07/22/2020 | SUBSTITUTED FOR S5254B | |||||||||||||||||||||||||||||||||||||||||||||||||
07/22/2020 | 3RD READING CAL.884 | |||||||||||||||||||||||||||||||||||||||||||||||||
07/22/2020 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
07/22/2020 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
12/11/2020 | delivered to governor | |||||||||||||||||||||||||||||||||||||||||||||||||
12/23/2020 | signed chap.357 | |||||||||||||||||||||||||||||||||||||||||||||||||
12/23/2020 | approval memo.59 |
A08091 Committee Votes:
Galef | Aye | Miller | Aye | ||||||
McDonald | Aye | Tague | Aye | ||||||
Pichardo | Aye | ||||||||
Dickens | Aye | ||||||||
Barnwell | Aye | ||||||||
Rosenthal | Aye | ||||||||
Sayegh | Aye | ||||||||
Eichenstein | Aye | ||||||||
Lentol | Aye | Ra | Aye | ||||||
Schimminger | Aye | Giglio | Aye | ||||||
Pretlow | Aye | Montesano | Aye | ||||||
Cook | Aye | Morinello | Aye | ||||||
Cymbrowitz | Aye | Palumbo | Aye | ||||||
O'Donnell | Aye | Garbarino | Aye | ||||||
Benedetto | Aye | ||||||||
Perry | Aye | ||||||||
Zebrowski | Aye | ||||||||
Abinanti | Aye | ||||||||
Weprin | Aye | ||||||||
Mosley | Aye | ||||||||
De La Rosa | Aye | ||||||||
Fahy | Aye | ||||||||
Seawright | Aye | ||||||||
Rosenthal | Aye | ||||||||
Weinstein | Aye | Barclay | Aye | ||||||
Lentol | Aye | Crouch | Aye | ||||||
Schimminger | Excused | Fitzpatrick | Aye | ||||||
Gantt | Excused | Hawley | Aye | ||||||
Glick | Aye | Malliotakis | Aye | ||||||
Nolan | Excused | Montesano | Aye | ||||||
Pretlow | Aye | Ra | Aye | ||||||
Perry | Aye | Blankenbush | Aye | ||||||
Colton | Aye | Palmesano | Aye | ||||||
Cook | Excused | Norris | Aye | ||||||
Cahill | Aye | ||||||||
Aubry | Aye | ||||||||
Thiele | Aye | ||||||||
Cusick | Aye | ||||||||
Ortiz | Aye | ||||||||
Benedetto | Aye | ||||||||
Weprin | Aye | ||||||||
Rodriguez | Absent | ||||||||
Ramos | Aye | ||||||||
Braunstein | Aye | ||||||||
McDonald | Excused | ||||||||
Rozic | Aye | ||||||||
Simotas | Aye | ||||||||
Dinowitz | Aye | ||||||||
Miller | Aye | ||||||||
Heastie | Excused | Kolb | Aye | ||||||
Gottfried | Aye | Crouch | Aye | ||||||
Lentol | Aye | Finch | Aye | ||||||
Gantt | Excused | Barclay | Aye | ||||||
Nolan | Excused | Raia | Aye | ||||||
Weinstein | Aye | Hawley | Aye | ||||||
Ortiz | Aye | Giglio | Aye | ||||||
Pretlow | Aye | Malliotakis | Aye | ||||||
Cook | Aye | ||||||||
Glick | Aye | ||||||||
Aubry | Aye | ||||||||
Englebright | Aye | ||||||||
Dinowitz | Aye | ||||||||
Colton | Aye | ||||||||
Magnarelli | Aye | ||||||||
Perry | Aye | ||||||||
Paulin | Aye | ||||||||
Titus | Excused | ||||||||
Peoples-Stokes | Aye | ||||||||
Benedetto | Aye | ||||||||
Lavine | Excused | ||||||||
Lupardo | Aye | ||||||||
Zebrowski | Aye | ||||||||
Go to top
A08091 Floor Votes:
Yes
Abbate
Yes
Crespo
ER
Gantt
Yes
LiPetri
Yes
Perry
Yes
Simon
Yes
Abinanti
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Simotas
Yes
Arroyo
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Smith
Yes
Ashby
Yes
Cusick
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Smullen
Yes
Aubry
Yes
Cymbrowitz
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Solages
Yes
Barclay
Yes
Davila
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stec
Yes
Barnwell
Yes
De La Rosa
Yes
Griffin
Yes
McDonough
Yes
Raia
Yes
Steck
Yes
Barrett
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Ramos
Yes
Stern
Yes
Barron
Yes
DeStefano
Yes
Hawley
Yes
Mikulin
Yes
Raynor
Yes
Stirpe
Yes
Benedetto
Yes
Dickens
Yes
Hevesi
Yes
Miller B
Yes
Reilly
Yes
Tague
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Reyes
Yes
Taylor
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Richardson
Yes
Thiele
Yes
Blankenbush
Yes
DiPietro
Yes
Jacobson
Yes
Montesano
Yes
Rivera
ER
Titus
Yes
Brabenec
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Vanel
Yes
Braunstein
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Romeo
Yes
Walczyk
Yes
Bronson
Yes
Englebright
Yes
Johns
Yes
Niou
Yes
Rosenthal D
Yes
Walker
Yes
Buchwald
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Rosenthal L
Yes
Wallace
Yes
Burke
Yes
Fahy
Yes
Joyner
Yes
Norris
Yes
Rozic
Yes
Walsh
Yes
Buttenschon
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Ryan
Yes
Weinstein
Yes
Byrne
Yes
Fernandez
Yes
Kolb
Yes
Ortiz
Yes
Salka
Yes
Weprin
Yes
Byrnes
Yes
Finch
Yes
Lalor
Yes
Otis
Yes
Santabarbara
Yes
Williams
Yes
Cahill
Yes
Fitzpatrick
Yes
Lavine
Yes
Palmesano
Yes
Sayegh
Yes
Woerner
Yes
Carroll
Yes
Friend
Yes
Lawrence
Yes
Palumbo
Yes
Schimminger
Yes
Wright
Yes
Colton
Yes
Frontus
Yes
Lentol
Yes
Paulin
Yes
Schmitt
Yes
Zebrowski
Yes
Cook
Yes
Galef
Yes
Lifton
Yes
Peoples-Stokes
Yes
Seawright
Yes
Mr. Speaker
‡ Indicates voting via videoconference
Yes
Abbate
Yes
Crespo
Yes
Galef
Yes
Lifton
Yes
Peoples-Stokes
Yes
Smith
Yes
Abinanti
Yes
Crouch
ER
Gantt
Yes
LiPetri
Yes
Perry
Yes
Smullen
Yes
Arroyo
Yes
Cruz
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Solages
Yes
Ashby
Yes
Cusick
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Stec
Yes
Aubry
Yes
Cymbrowitz
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Steck
Yes
Barclay
Yes
Darling
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Stern
ER
Barnwell
Yes
Davila
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stirpe
Yes
Barrett
Yes
De La Rosa
Yes
Griffin
ER
McDonough
Yes
Ramos
Yes
Tague
No
Barron
ER
DenDekker
ER
Gunther
Yes
McMahon
Yes
Reilly
Yes
Taylor
Yes
Benedetto
Yes
DeStefano
Yes
Hawley
Yes
Mikulin
Yes
Reyes
Yes
Thiele
Yes
Bichotte
Yes
Dickens
Yes
Hevesi
Yes
Miller B
Yes
Richardson
Yes
Vanel
Yes
Blake
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Rivera
Yes
Walczyk
Yes
Blankenbush
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Rodriguez
Yes
Walker
Yes
Brabenec
Yes
DiPietro
Yes
Jacobson
ER
Montesano
Yes
Rosenthal D
Yes
Wallace
Yes
Braunstein
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rosenthal L
Yes
Walsh
Yes
Bronson
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Buchwald
Yes
Englebright
Yes
Johns
Yes
Niou
Yes
Ryan
Yes
Weprin
Yes
Burke
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Salka
Yes
Williams
Yes
Buttenschon
Yes
Fahy
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Byrne
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Sayegh
Yes
Wright
Yes
Byrnes
Yes
Fernandez
ER
Kolb
Yes
Ortiz
Yes
Schimminger
Yes
Zebrowski
Yes
Cahill
Yes
Finch
Yes
Lalor
Yes
Otis
Yes
Schmitt
Yes
Mr. Speaker
Yes
Carroll
Yes
Fitzpatrick
Yes
Lavine
Yes
Palmesano
Yes
Seawright
Yes
Colton
Yes
Friend
Yes
Lawrence
Yes
Palumbo
Yes
Simon
Yes
Cook
Yes
Frontus
Yes
Lentol
Yes
Paulin
Yes
Simotas
‡ Indicates voting via videoconference
Yes
Abbate
Yes
Crespo
Yes
Galef
Yes
Lifton
Yes
Peoples-Stokes
Yes
Smith
Yes
Abinanti
Yes
Crouch
ER
Gantt
Yes
LiPetri
Yes
Perry
Yes
Smullen
Yes
Arroyo
Yes
Cruz
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Solages
Yes
Ashby
Yes
Cusick
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Stec
Yes
Aubry
Yes
Cymbrowitz
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Steck
Yes
Barclay
Yes
Darling
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Stern
Yes
Barnwell
Yes
Davila
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stirpe
Yes
Barrett
Yes
De La Rosa
Yes
Griffin
Yes
McDonough
Yes
Ramos
Yes
Tague
Yes
Barron
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Reilly
Yes
Taylor
Yes
Benedetto
Yes
DeStefano
Yes
Hawley
Yes
Mikulin
Yes
Reyes
Yes
Thiele
Yes
Bichotte
Yes
Dickens
Yes
Hevesi
Yes
Miller B
Yes
Richardson
Yes
Vanel
Yes
Blake
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Rivera
Yes
Walczyk
Yes
Blankenbush
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Rodriguez
Yes
Walker
Yes
Brabenec
Yes
DiPietro
Yes
Jacobson
Yes
Montesano
Yes
Rosenthal D
Yes
Wallace
Yes
Braunstein
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rosenthal L
Yes
Walsh
Yes
Bronson
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Buchwald
Yes
Englebright
Yes
Johns
Yes
Niou
Yes
Ryan
Yes
Weprin
Yes
Burke
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Salka
Yes
Williams
Yes
Buttenschon
Yes
Fahy
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Byrne
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Sayegh
Yes
Wright
Yes
Byrnes
Yes
Fernandez
Yes
Kolb
Yes
Ortiz
ER
Schimminger
Yes
Zebrowski
Yes
Cahill
ER
Finch
Yes
Lalor
Yes
Otis
Yes
Schmitt
Yes
Mr. Speaker
Yes
Carroll
Yes
Fitzpatrick
Yes
Lavine
Yes
Palmesano
Yes
Seawright
Yes
Colton
Yes
Friend
Yes
Lawrence
Yes
Palumbo
Yes
Simon
Yes
Cook
Yes
Frontus
Yes
Lentol
Yes
Paulin
Yes
Simotas
‡ Indicates voting via videoconference
Yes
Abbate
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Solages
Yes
Abinanti
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Stec
Yes
Arroyo
Yes
Cusick
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Steck
Yes
Ashby
Yes
Cymbrowitz
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Stern
Yes
Aubry
Yes
Darling
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stirpe
Yes
Barclay
Yes
Davila
Yes
Griffin
Yes
McDonough
Yes
Ramos
Yes
Tague
Yes
Barnwell
Yes
De La Rosa
Yes
Gunther
Yes
McMahon
Yes
Reilly
Yes
Taylor
Yes
Barrett
Yes
DenDekker
Yes
Hawley
Yes
Mikulin
Yes
Reyes
Yes
Thiele
Yes
Barron
Yes
DeStefano
Yes
Hevesi
Yes
Miller B
ER
Richardson
Yes
Vanel
Yes
Benedetto
Yes
Dickens
Yes
Hunter
Yes
Miller MG
Yes
Rivera
Yes
Walczyk
Yes
Bichotte
Yes
Dilan
Yes
Hyndman
Yes
Miller ML
Yes
Rodriguez
Yes
Walker
Yes
Blake
Yes
Dinowitz
Yes
Jacobson
Yes
Montesano
Yes
Rosenthal D
Yes
Wallace
Yes
Blankenbush
Yes
DiPietro
Yes
Jaffee
Yes
Morinello
Yes
Rosenthal L
Yes
Walsh
Yes
Brabenec
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Braunstein
Yes
Eichenstein
Yes
Johns
Yes
Niou
Yes
Ryan
Yes
Weprin
Yes
Bronson
Yes
Englebright
Yes
Jones
Yes
Nolan
Yes
Salka
Yes
Williams
Yes
Buchwald
Yes
Epstein
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Burke
Yes
Fahy
Yes
Kim
Yes
O'Donnell
Yes
Sayegh
Yes
Wright
Yes
Buttenschon
Yes
Fall
Yes
Kolb
Yes
Ortiz
ER
Schimminger
Yes
Zebrowski
Yes
Byrne
Yes
Fernandez
Yes
Lalor
Yes
Otis
Yes
Schmitt
Yes
Mr. Speaker
Yes
Byrnes
ER
Finch
Yes
Lavine
Yes
Palmesano
Yes
Seawright
Yes
Cahill
Yes
Fitzpatrick
Yes
Lawrence
Yes
Palumbo
Yes
Simon
Yes
Carroll
Yes
Friend
Yes
Lentol
Yes
Paulin
Yes
Simotas
Yes
Colton
Yes
Frontus
Yes
Lifton
Yes
Peoples-Stokes
Yes
Smith
Yes
Cook
Yes
Galef
Yes
LiPetri
Yes
Perry
Yes
Smullen
‡ Indicates voting via videoconference
A08091 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 8091--A Cal. No. 310 2019-2020 Regular Sessions IN ASSEMBLY May 31, 2019 ___________ Introduced by M. of A. MAGNARELLI, RYAN, SIMOTAS -- read once and referred to the Committee on Real Property Taxation -- ordered to third reading passed by Assembly and delivered to the Senate, recalled from the Senate, vote reconsidered, bill amended, ordered reprinted, retaining its place on the order of third reading AN ACT to amend the real property tax law, in relation to the residen- tial-commercial urban exemption program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 485-a of the real property tax law, as amended by 2 chapter 632 of the laws of 2004, subdivision 5 as further amended by 3 subdivision (b) of section 1 of part W of chapter 56 of the laws of 4 2010, is amended to read as follows: 5 § 485-a. Residential-commercial urban exemption program. 1. Defi- 6 nitions. As used in this section, the following terms shall have the 7 following meanings: 8 (a) "Municipality" means any town, city or village except for a city 9 having more than one million inhabitants. 10 (b) "Applicant" means any person obligated to pay real property taxes 11 on the property for which an exemption from real property taxes under 12 this section is sought. 13 (c) "Commercial construction work" means the modernization, rehabili- 14 tation, expansion or other improvement of the portion of mixed-use prop- 15 erty to be used for commercial purposes. 16 (d) "Commercial purpose or use" means the buying, selling or otherwise 17 providing of goods or services directly to the public, including hotel 18 services, [or other lawful business or commercial activities permitted19in mixed-use property] retail stores, office space, restaurants, bars, 20 gyms, theaters, and cafes. 21 (e) "Mixed-use property" means property on which will exist, after 22 completion of residential construction work or a combination of residen- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13130-04-0A. 8091--A 2 1 tial construction work and commercial construction work, a building or 2 structure used for both residential and commercial purposes of which, 3 at least fifty percent of the building or structure's square footage is 4 devoted to residential purposes or use and at least fifteen percent of 5 the building or structure's square footage is devoted to commercial 6 purposes or use. Only square footage existing in a story above grade 7 shall be used in the determination of the building's percentage of resi- 8 dential purposes or use and commercial purposes or use. 9 (f) "Person" means an individual, corporation, limited liability 10 company, partnership, association, agency, trust, estate, foreign or 11 domestic government or subdivision thereof, or other entity. 12 (g) "Residential construction work" means the creation, modernization, 13 rehabilitation, expansion or other improvement of dwelling units, other 14 than dwelling units in a hotel, in the portion of mixed-use property to 15 be used for residential purposes. 16 (h) "Floor area" means the horizontal areas of the several floors or 17 any portion thereof of a mixed-use property measured from the exterior 18 faces of exterior walls or from the center line of party walls, exclu- 19 sive of any area existing below-grade. 20 (i) "Story above grade" means any story having its finished floor 21 surface entirely above grade. 22 (j) "Grade" shall mean the finished ground level adjoining the build- 23 ing at all exterior walls. 24 2. Any municipality may, by local law, provide for the exemption of 25 real property from taxation as provided in this section. Upon the 26 adoption of such a local law, the county in which such municipality is 27 located may, by local law, and any school district, all or part of which 28 is located in such municipality, may, by resolution, exempt such proper- 29 ty from its taxation in the same manner and to the same extent as such 30 municipality has done. 31 3. Upon the adoption of such a local law, non-residential real proper- 32 ty, upon conversion to mixed-use property, shall be exempt from taxation 33 and special ad valorem levies as provided for in subdivision four of 34 this section. Land which was vacant prior to the residential or commer- 35 cial construction work for which a tax exemption is sought, shall not be 36 eligible to receive benefits pursuant to this section. 37 4. (a) (i) For a period of twelve years from the approval of an appli- 38 cation, the increase in assessed value of such property attributable to 39 such conversion shall be exempt as provided in subparagraph (ii) of this 40 paragraph. Such exemption shall be computed with respect to the 41 "exemption base". The exemption base shall be determined for each year 42 in which there is an increase in assessed value so attributable from 43 that of the previous year's assessed value. 44 (ii) The following table shall illustrate the computation of the tax 45 exemption: 46 Year of exemption Percentage of exemption 47 1 through 8 100% of exemption base 48 9 80% of exemption base 49 10 60% of exemption base 50 11 40% of exemption base 51 12 20% of exemption base 52 (b) No such exemption shall be granted unlessA. 8091--A 3 1 (i) such conversion was commenced subsequent to the date on which the 2 municipality's local law took effect; [and] 3 (ii) the cost of such conversion exceeds the sum of ten thousand 4 dollars or such greater amount as may be specified by local law[.]; 5 (iii) at least seventy-five percent of the floor area of the mixed-use 6 property consists of the pre-existing building or structure; 7 (iv) the portion of the building used for commercial purposes is 8 currently, as demonstrated by documentation submitted by the applicant, 9 used as such or is in good faith contemplated. 10 (c) For purposes of this section the term conversion shall not include 11 ordinary maintenance and repairs. 12 (d) No such exemption shall be granted concurrent with or subsequent 13 to any other real property tax exemption granted to the same improve- 14 ments to real property, except, where during the period of such previous 15 exemption, payments in lieu of taxes or other payments were made to the 16 local government in an amount that would have been equal to or greater 17 than the amount of real property taxes that would have been paid on such 18 improvements had such property been granted an exemption pursuant to 19 this section. In such case, an exemption shall be granted for a number 20 of years equal to the twelve year exemption granted pursuant to this 21 section less the number of years the property would have been previously 22 exempt from real property taxes. 23 5. Such exemption shall be granted only upon application by the owner 24 of such real property on a form prescribed by the commissioner. Such 25 application shall be filed with the assessor of the municipality or 26 county having the power to assess property for taxation on or before the 27 appropriate taxable status date of such municipality or county. 28 6. If the assessor is satisfied that the applicant is entitled to an 29 exemption pursuant to this section, he or she shall approve the applica- 30 tion and such real property shall [thereafter] be exempt from taxation 31 and special ad valorem levies as in this section provided [commencing32with the assessment roll prepared after the taxable status date referred33to in subdivision five of this section]. The assessed value of any 34 exemption granted pursuant to this section shall be entered by the 35 assessor on the assessment roll with the taxable property, with the 36 amount of the exemption shown in a separate column. 37 7. (a) During the period of exemption pursuant to this section, the 38 owner shall submit an annual certification to the assessor attesting 39 that the property complies with the provisions or requirements of this 40 section and any additional provisions or requirements as may be provided 41 by local law. Failure to submit such certification shall result in revo- 42 cation of benefits. Such certification shall include at a minimum the 43 following: 44 (i) the types of residential use and the total above-grade square 45 footage of such use; 46 (ii) the types of commercial use and the total above-grade square 47 footage of such use; 48 (iii) attestation that the portion of the building used for commercial 49 purposes is currently, as demonstrated by documentation submitted by the 50 applicant, used as such or is in good faith contemplated; and 51 (iv) all such other information required by the municipality. 52 (b) If the assessor is satisfied that the applicant continues to be 53 entitled to the exemption pursuant to this section, the assessor shall 54 approve the certification and the real property shall remain exempt from 55 taxation and special ad valorem levies for another year as provided in 56 this section.A. 8091--A 4 1 8. (a) The benefits of this section shall be revoked upon a finding by 2 the assessor that: 3 (i) the application for benefits hereunder or the annual certification 4 required hereunder contains a false statement or false information as to 5 a material matter or omits a material matter; or 6 (ii) the eligible real property fails to comply with one or more of 7 the provisions or requirements of this section or any provisions or 8 requirements provided by local law. 9 (b) Such revocation shall require the repayment of any benefits previ- 10 ously granted pursuant to this section. 11 9. If the assessor determines that there was a material misstatement 12 in an application filed by or on behalf of the owners for an exemption 13 pursuant to this section and that such misstatement provided the basis 14 for the granting of such exemption, the municipality shall proceed to 15 impose a penalty on the applicant of one thousand dollars in addition to 16 recovering the amount of any prior exemption granted. 17 § 2. This act shall take effect January 1, 2021 and shall apply to 18 properties for which the initial application for exemption are received 19 on and after such date.