Comments: NY A07577 | 2009-2010 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2010-04-20 - held for consideration in real property taxation [A07577 Detail]

Text: Latest bill text (Introduced) [HTML]

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