Bill Text: NY A07720 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to the computation of homestead and non-homestead base proportions in the county of Nassau.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-01-06 - referred to real property taxation [A07720 Detail]
Download: New_York-2015-A07720-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7720
2015-2016 Regular Sessions
I N A S S E M B L Y
May 26, 2015
___________
Introduced by M. of A. SCHIMEL -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to the computa-
tion of homestead and non-homestead base proportions in the county of
Nassau
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Subdivision 3 of section 1903 of the real property tax law
2 is amended by adding a new paragraph (i) to read as follows:
3 (I) IN THE COUNTY OF NASSAU, FOR THE PURPOSE OF COMPUTING ANY CLASS'S
4 TOTAL VALUE OR ASSESSMENT, ANY PROPERTY WHICH IS TAX EXEMPT BECAUSE OF
5 THAT PROPERTY'S OWNERSHIP OR LEASEHOLD WILL BE INCLUDED IN THE CALCU-
6 LATION OF THE HOMESTEAD AND NON-HOMESTEAD BASE PROPORTIONS AS IF IT WERE
7 TAXABLE, FOR THE SOLE PURPOSE OF CALCULATING SUCH BASE PROPORTIONS. THE
8 INCLUSION OF SUCH PROPERTIES FOR THIS PURPOSE SHALL NOT BE CONSTRUED AS
9 AFFECTING THE TAXABLE STATUS OF SUCH PROPERTIES.
10 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11247-01-5
