Bill Title: Relates to reductions of payments in lieu of taxes; provides that where such payment agreement is to be reduced due to a reassessment of the parcel of real property such agreement is related to, such reduction shall be phased in over 10 years if the reduction would negatively affect the revenues of a local government by more than 5%.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Introduced - Dead) 2022-01-05 - REFERRED TO LOCAL GOVERNMENT
[S00950 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
| Introduced | 2021-01-06 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
| No bill amendments currently on file for New York S00950 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
| No supplemental documents for New York S00950 currently on file. |