Bill Text: NY S03122 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 3122 (Prior Session Legislation)

Introduced

Bill Title: Repeals provisions granting real property tax exemption to certain entities.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO LOCAL GOVERNMENT [S03122 Detail]

Download: New_York-2021-S03122-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          3122

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 27, 2021
                                       ___________

        Introduced by Sens. KAVANAGH, HOYLMAN, SALAZAR -- read twice and ordered
          printed,  and  when  printed to be committed to the Committee on Local
          Government

        AN ACT to repeal section 429 of the real property tax  law  relating  to
          real property used for professional major league sports

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Legislative intent. The legislature  hereby  declares  that
     2  any  provision  in  a  lease,  agreement or any other written instrument
     3  requiring that any taxes or their equivalent, set forth in such  instru-
     4  ment  in  the form of any charges of any kind whatsoever, imposed by any
     5  taxing authority, shall be made  the  obligation  of  any  person,  sole
     6  proprietorship, partnership, firm, corporation, limited liability compa-
     7  ny,  association,  franchise,  team, or any other entity, other than the
     8  owner or owners of such property, shall be deemed void as against public
     9  policy.
    10    § 2. Section 429 of the real property tax law is REPEALED.
    11    § 3. This act shall take effect on the ninetieth day  after  it  shall
    12  have become a law.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06319-01-1