NY A00357 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 12-0)
Status: Introduced on January 7 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 7 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The bill would create a new category of state aid to cities, based on the amount of tax exempt property in the jurisdiction. To be eligible, cities must have at least thirty-five percent of their real property exempt from taxation and a population of less than one million and greater than forty thousand. Funds would be allocated by formula, with fifty percent distributed on the basis of population and the other fifty percent allocated by the amount of tax exempt property.
Title
An act to amend the real property tax law, in relation to state aid for certain cities adversely affected by a concentration of tax exempt property
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to real property taxation | |
| 2009-01-07 | referred to real property taxation |
