NY S04020 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 7 2009 - 25% progression, died in committee
Action: 2010-01-06 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 7 2009 - 25% progression, died in committee
Action: 2010-01-06 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development 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 |
---|---|---|
2010-01-06 | REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT | |
2009-04-07 | REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT |
Same As/Similar To
A7577 (Same As) 2010-04-20 - held for consideration in real property taxation