Bill Text: NY A11609 | 2009-2010 | General Assembly | Introduced


Bill Title: Provides, that in thecase of a court-ordered assessment reduction for an electric generating facility, the town of Haverstraw shall divide its non-homestead class into 2 subclasses, with one subclass containing electric generating facilities and a second subclass with all other non-homestead property.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2010-06-30 - referred to real property taxation [A11609 Detail]

Download: New_York-2009-A11609-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         11609
                                 I N  A S S E M B L Y
                                     June 30, 2010
                                      ___________
       Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Zebrowski,
         Jaffee) -- read once and referred to the Committee  on  Real  Property
         Taxation
       AN  ACT to provide for the taxation of certain real property in the town
         of Haverstraw; and providing for the repeal of  such  provisions  upon
         expiration thereof
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Notwithstanding any provision of law to  the  contrary,  if
    2  there  is a court-ordered assessment reduction of an electric generating
    3  facility in the town of Haverstraw, on and  after  July  1,  2010,  when
    4  levying  taxes  pursuant to article 19 of the real property tax law upon
    5  the assessment roll of the town of Haverstraw, the  non-homestead  class
    6  shall  be  deemed  to consist of two subclasses, one containing electric
    7  generating facilities and the other containing all  other  non-homestead
    8  property.  On  and after July 1, 2011, the non-homestead class tax share
    9  shall be allocated between these two subclasses so as  to  preserve  the
   10  distribution  between  the  two  subclasses that existed when taxes were
   11  levied upon on the 2010 assessment roll of said town, subject to adjust-
   12  ments for any physical changes.
   13    S 2. This act shall take effect immediately and shall  expire  and  be
   14  deemed repealed June 30, 2030.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD17972-01-0
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