NY A07577 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on April 16 2009 - 25% progression, died in committee
Action: 2010-04-20 - held for consideration in real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 16 2009 - 25% progression, died in committee
Action: 2010-04-20 - held for consideration in real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Partially exempts from taxation any multiple dwelling building converted to an owner occupied single family dwelling or that is reduced to at most two units within certain cities; such buildings shall be exempt for a period of one year to the extent of fifty percent of the value of the property after the completion of renovations, reduced by five percent per year for nine years.
Title
Partially exempts from taxation any multiple dwelling building converted to an owner occupied single family dwelling or that is reduced to at most two units within certain cities; such buildings shall be exempt for a period of one year to the extent of fifty percent of the value of the property after the completion of renovations, reduced by five percent per year for nine years.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-04-20 | held for consideration in real property taxation | |
2010-01-06 | referred to real property taxation | |
2009-04-16 | referred to real property taxation |
Same As/Similar To
S4020 (Same As) 2010-01-06 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT