Bill Text: NY A06594 | 2017-2018 | General Assembly | Introduced
Bill Title: Establishes the New York city tax reform study commission to provide the governor and legislature with a blueprint of reforms to the real property taxation system in the city of New York.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-03-20 - enacting clause stricken [A06594 Detail]
Download: New_York-2017-A06594-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6594 2017-2018 Regular Sessions IN ASSEMBLY March 9, 2017 ___________ Introduced by M. of A. CUSICK, SIMANOWITZ -- read once and referred to the Committee on Real Property Taxation AN ACT to establish the New York city tax reform study commission, and providing for its powers and duties The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. There is hereby established the New York city tax reform 2 study commission to provide the governor and the legislature with a 3 blueprint for reforming the local real property tax system in the city 4 of New York. 5 § 2. The New York city tax reform study commission shall consist of 11 6 members of which: three members shall be appointed by the governor, 7 three members shall be appointed by the temporary president of the 8 senate, three members shall be appointed by the speaker of the assembly 9 with one such member appointed upon the recommendation of the mayor of 10 the city of New York, one member shall be appointed by the minority 11 leader of the senate, and one member shall be appointed by the minority 12 leader of the assembly. Such commission shall have at least one member 13 appointed from the New York city municipal government, academia, real 14 estate industry and a recognized labor organization, all based in the 15 city of New York. 16 § 3. On or before January 1, 2019, the New York city tax reform study 17 commission shall provide the governor and the legislature with recommen- 18 dations on any changes that should be made to, at a minimum, the class 19 share system, assessment process and tax rate formulae utilized within 20 the city of New York. 21 § 4. The New York city tax reform study commission shall be assisted 22 in its powers and duties pursuant to this act by personnel employed by 23 state and city of New York agencies including, but not limited to, the 24 state department of taxation and finance and the department of finance 25 of the city of New York. 26 § 5. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07571-02-7