Bill Text: NY A03583 | 2023-2024 | General Assembly | Introduced

---

Bill Title: Excludes environmental contamination from consideration as a factor for assessment.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - referred to real property taxation [A03583 Detail]

Download: New_York-2023-A03583-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                          3583

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    February 3, 2023
                                       ___________

        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Real Property Taxation

        AN ACT to amend the real property tax  law,  in  relation  to  excluding
          environmental contamination from consideration as a factor for assess-
          ment

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 706 of the real property  tax  law  is  amended  by
     2  adding a new subdivision 3 to read as follows:
     3    3.  For  the purposes of assessment, environmental contamination shall
     4  be excluded from consideration.
     5    § 2. This act shall take effect immediately and shall  apply  to  real
     6  property with a taxable status date on or after such date.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08100-01-3