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 This act shall take effect immediately and shall expire and be 14 deemed repealed June 30, 2030.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