Bill Text: NY A06618 | 2017-2018 | General Assembly | Amended


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 23-1)

Status: (Introduced - Dead) 2018-01-03 - referred to ways and means [A06618 Detail]

Download: New_York-2017-A06618-Amended.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                         6618--B
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                     March 10, 2017
                                       ___________
        Introduced  by  M.  of  A.  CUSICK,  SIMANOWITZ,  GJONAJ, TITONE, ORTIZ,
          ABBATE, BRAUNSTEIN,  M. G. MILLER,  COLTON,  MOSLEY,  PICHARDO,  COOK,
          DINOWITZ,   SEAWRIGHT,  BLAKE,  DICKENS,  D'URSO,  SIMOTAS,  BARNWELL,
          HARRIS, CRESPO, PHEFFER AMATO, MALLIOTAKIS -- Multi-Sponsored by -- M.
          of A. DAVILA, HIKIND, WRIGHT -- read once and referred to the  Commit-
          tee  on  Real Property Taxation -- committee discharged, bill amended,
          ordered reprinted as amended and  recommitted  to  said  committee  --
          again  reported from said committee with amendments, ordered reprinted
          as amended and recommitted to said committee
        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 15
     6  members as follows: the commissioner of the New York state department of
     7  taxation  and  finance,  or  his or her designee, who shall serve as the
     8  chairperson of the commission; three members appointed by the  governor:
     9  three  members appointed by the temporary president of the senate; three
    10  members appointed by the speaker of the assembly; two members  appointed
    11  by the mayor of the city of New York; one member appointed by the speak-
    12  er  of the city council of the city of New York; one member appointed by
    13  the minority leader of the senate;  and  one  member  appointed  by  the
    14  minority leader of the assembly.  Such commission shall include at least
    15  one  member  representative of each of the following:  the New York city
    16  municipal government, academia, real estate industry  and  a  recognized
    17  labor  organization,  all  based in the city of New York. The commission
    18  shall meet at least six times at the call of the chairperson.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07571-11-7

        A. 6618--B                          2
     1    § 3. On or before January 1, 2019, the New York city tax reform  study
     2  commission shall provide the governor and the legislature with recommen-
     3  dations  on  any changes that should be made to, at a minimum, the class
     4  share system, assessment process and tax rate formulae  utilized  within
     5  the city of New York.
     6    §  4. To the maximum extent feasible, the state department of taxation
     7  and finance and the department of finance of the city of New York  shall
     8  provide the commission with such facilities, assistance and data as will
     9  enable the commission to carry out its powers and duties.  Additionally,
    10  to  the  maximum  extent  feasible,  all  other agencies of the state or
    11  subdivisions thereof shall, at the request of  the  chairperson  provide
    12  the commission with such facilities, assistance, and data as will enable
    13  the task force to carry out its powers and duties.
    14    §  5.  The members of the commission shall receive no compensation for
    15  their services, but shall be allowed their actual and necessary expenses
    16  incurred in the performance  of  their  duties.  Such  expenses  of  the
    17  commission  shall  be  paid  from moneys received by the commission from
    18  appropriations from the  state.  Moneys  appropriated  for  use  of  the
    19  commission  by  the state shall be paid out of the state treasury on the
    20  audit and warrant of the comptroller on vouchers certified  or  approved
    21  by the chairperson of the commission or by an officer or employee of the
    22  commission designated in writing by the chairperson.
    23    § 6. This act shall take effect immediately.
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