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
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