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A09185 Summary:
BILL NO | A09185 |
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SAME AS | SAME AS S02887-A |
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SPONSOR | Epstein |
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COSPNSR | Cymbrowitz, Dickens, Rosenthal D, Rivera J, Cusick, Eichenstein, Reyes, Cruz, Hevesi, Glick, Frontus, Benedetto, Taylor, Joyner, Simon |
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MLTSPNSR | |
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Amd §467-a, RPT L | |
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Eliminates the New York city condominium and cooperative tax abatement for dwelling units whose billable assessed value is two hundred thousand dollars or greater; instructs that the money used to formerly fund such abatement be reallocated to the New York city housing authority; extends certain provisions of the partial tax abatement for residential real property held in the cooperative or condominium form of ownership in a city having a population of one million or more. |