Bill Text: NY A03421 | 2015-2016 | General Assembly | Introduced

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Bill Title: Repeals provisions of law granting real property tax exemption to certain entities.

Sponsorship: Partisan Bill (Democrat 46-1)

Status: (Introduced - Dead) 2016-01-06 - referred to real property taxation [A03421 Detail]

Download: New_York-2015-A03421-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3421
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 22, 2015
                                      ___________
       Introduced  by  M.  of  A.  WEPRIN,  RIVERA,  COLTON, SKOUFIS, ROBINSON,
         ABINANTI, MONTESANO, BENEDETTO, ROBERTS, STECK, CRESPO, GUNTHER, SKAR-
         TADOS, DINOWITZ, RYAN,  SEPULVEDA,  RUSSELL,  BROOK-KRASNY,  BRINDISI,
         HOOPER,  COOK,  ROSENTHAL,  MILLER,  SCARBOROUGH,  ZEBROWSKI,  DAVILA,
         MOSLEY, ROZIC, GALEF, AUBRY -- Multi-Sponsored by -- M. of A.  ARROYO,
         BUCHWALD,  CLARK,  FAHY,  JAFFEE, KEARNS, KIM, LAVINE, LENTOL, LIFTON,
         LUPARDO, MAGEE, MARKEY, MAYER, McDONALD, PAULIN, PERRY,  RAMOS,  SCHI-
         MEL,  SOLAGES, THIELE, TITONE -- read once and referred to the Commit-
         tee on Real Property Taxation
       AN ACT to repeal section 429 of the real property tax  law  relating  to
         real property used for professional major league sports
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Legislative intent. The legislature  hereby  declares  that
    2  any  provision  in  a  lease,  agreement or any other written instrument
    3  requiring that any taxes or their equivalent, set forth in such  instru-
    4  ment  in  the form of any charges of any kind whatsoever, imposed by any
    5  taxing authority, shall be made  the  obligation  of  any  person,  sole
    6  proprietorship, partnership, firm, corporation, limited liability compa-
    7  ny,  association,  franchise,  team, or any other entity, other than the
    8  owner or owners of such property, shall be deemed void as against public
    9  policy.
   10    S 2. Section 429 of the real property tax law is REPEALED.
   11    S 3. This act shall take effect on the ninetieth day  after  it  shall
   12  have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07707-01-5