Bill Text: NY A00471 | 2017-2018 | General Assembly | Introduced

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Bill Title: Allows properties currently receiving a 480-a tax exemption to continue in the program as it currently exists notwithstanding any future amendments to section 480-a of the real property tax law.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2018-01-03 - referred to real property taxation [A00471 Detail]

Download: New_York-2017-A00471-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                           471
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                     January 9, 2017
                                       ___________
        Introduced  by  M.  of A. GUNTHER, RAIA -- read once and referred to the
          Committee on Real Property Taxation
        AN ACT in relation to properties receiving a 480-a tax exemption
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Any  amendments to section 480-a of the real property tax
     2  law initiated by the state's department  of  environmental  conservation
     3  shall  only apply to applications made on or after the effective date of
     4  this act.
     5    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03661-01-7