Bill Texts: NY A02585 | 2019-2020 | General Assembly

Bill Title: Authorizes funds to municipalities from the UDC in the case of certain tax certiorari challenges or agreed upon settlements resulting in loss of tax revenues or increased tax levies of over twenty percent or in regards to a settlement agreement, a reduction in real property taxes or a payment in lieu of taxes of at least twenty percent in the aggregate over the term of such settlement agreement; and permits the establishment of tax certiorari stabilization reserve funds.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A02585 Detail]

Bill Drafts

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Introduced2019-01-24HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A02585

Supplemental Documents

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No supplemental documents for New York A02585 currently on file.

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