S05952 Summary:

BILL NOS05952
 
SAME ASSAME AS A06997
 
SPONSORJACKSON
 
COSPNSR
 
MLTSPNSR
 
Add §99-x, Gen Muni L
 
Imposes a fee on vacant commercial property that has remained continuously vacant for a period of six months or more to be paid to the state every thirtieth day such commercial property remains vacant.
Go to top    

S05952 Actions:

BILL NOS05952
 
05/16/2019REFERRED TO CITIES
01/08/2020REFERRED TO CITIES
Go to top

S05952 Committee Votes:

Go to top

S05952 Floor Votes:

There are no votes for this bill in this legislative session.
Go to top

S05952 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5952
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                      May 16, 2019
                                       ___________
 
        Introduced  by  Sen. JACKSON -- read twice and ordered printed, and when
          printed to be committed to the Committee on Cities
 
        AN ACT to amend the general municipal law, in relation to imposing a fee
          on vacant commercial properties in cities with  a  population  of  one
          million or more

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The general municipal  law  is  amended  by  adding  a  new
     2  section 99-x to read as follows:
     3    §  99-x.  Vacant  commercial property fee. 1. As used in this section:
     4  (a) "Vacant property" means commercial property that  has  been  contin-
     5  uously vacant for a period of six months or more.
     6    (b)  "Commercial  property"  means any property in a city with a popu-
     7  lation of one million or more that is zoned as  commercial  property  by
     8  such city.
     9    2.  Notwithstanding any general, special or local law to the contrary,
    10  any owner of a vacant commercial property or properties in a city with a
    11  population of one million or more shall  pay  a  fee  to  the  state  as
    12  prescribed in subdivision three of this section.
    13    3.  Such  fee  required by subdivision two of this section shall be at
    14  the rate of one percent of the assessed value of the  vacant  commercial
    15  property and shall be paid to the state every thirtieth day such commer-
    16  cial property remains vacant.
    17    4.  All  fees  received by the state pursuant to this section shall be
    18  paid into the general fund of the state.
    19    § 2. This act shall take effect immediately.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08295-01-9
Go to top