Bill Text: NY S05088 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to tax abatement for certain industrial and commercial properties in a city with a population of one million or more.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Engrossed - Dead) 2015-06-25 - SUBSTITUTED BY A7936 [S05088 Detail]

Download: New_York-2015-S05088-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5088
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                    April 30, 2015
                                      ___________
       Introduced  by  Sen.  GOLDEN  -- (at request of the NYC Finance) -- read
         twice and ordered printed, and when printed to  be  committed  to  the
         Committee on Cities
       AN ACT to amend the real property tax law and the administrative code of
         the  city of New York, in relation to tax abatement for certain indus-
         trial and commercial properties in a city with  a  population  of  one
         million or more
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision 1 of section 489-gggggg of  the  real  property
    2  tax law, as added by chapter 119 of the laws of 2008, is amended to read
    3  as follows:
    4    1.  Commission  members.  Any  city  enacting  a local law pursuant to
    5  section four hundred eighty-nine-bbbbbb of this title shall establish  a
    6  temporary  commercial  incentive  area boundary commission to consist of
    7  [the deputy mayor for economic development and planning] A DEPUTY  MAYOR
    8  DESIGNATED  BY  THE MAYOR, the commissioner of finance, the chair of the
    9  city planning commission, the director of  management  and  budget,  the
   10  borough  presidents, the speaker of the city council and a public member
   11  appointed by the mayor to serve at the  mayor's  pleasure.  Each  member
   12  except  the public member shall have the power to designate an alternate
   13  to represent him or her at  commission  meetings  to  exercise  all  the
   14  rights  and powers of such member, including the right to vote, provided
   15  that such designation be made in writing to the chair of the commission.
   16  The deputy mayor [for economic development and planning]  DESIGNATED  BY
   17  THE  MAYOR shall serve as commission chair. Each borough president shall
   18  be entitled to vote only on the designation of areas within his  or  her
   19  borough.  Commission  members who shall be officers or employees of such
   20  city shall serve  without  compensation  but  shall  be  reimbursed  for
   21  expenses  necessarily  incurred  in the performance of their duties. Any
   22  other commission member shall receive as exclusive compensation for  his
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10779-01-5
       S. 5088                             2
    1  or  her  services  one  hundred  dollars per diem, or another reasonable
    2  amount as determined by the deputy mayor [for economic  development  and
    3  planning]  DESIGNATED  BY  THE  MAYOR, provided, however, that the total
    4  compensation  paid  to  any  such member shall not exceed twelve hundred
    5  dollars for any calendar year, or another reasonable  amount  determined
    6  by  the  deputy mayor [for economic development and planning] DESIGNATED
    7  BY THE MAYOR. A majority of members of such commission entitled to  vote
    8  on a matter shall constitute a quorum for such issue. Decisions shall be
    9  made  by  majority  vote  of those present entitled to vote on a matter.
   10  Notwithstanding any other law to the contrary, no officer or employee of
   11  the state or any of its subdivisions or any public  benefit  corporation
   12  shall be deemed to have forfeited his or her office or employment or any
   13  benefits  provided under the retirement and social security law or under
   14  any public retirement system maintained by  the  state  or  any  of  its
   15  subdivisions by reason of accepting membership on such commission.
   16    S  2. Paragraphs (a) and (f) of subdivision 2 of section 489-gggggg of
   17  the real property tax law, as added by chapter 119 of the laws of  2008,
   18  are amended to read as follows:
   19    (a)  The  commission  shall  meet in two thousand nine OR TWO THOUSAND
   20  FIFTEEN and at least once every five years thereafter to  determine  the
   21  boundaries of special commercial abatement areas which it is authorized,
   22  but  not  required,  to  designate  pursuant  to this section. The areas
   23  designated by the commission established pursuant to title two-D of this
   24  article in effect as of June thirtieth, two thousand eight shall  remain
   25  in  effect  until the first taxable status date after the local legisla-
   26  tive body approves a new designation pursuant to paragraph (d)  of  this
   27  subdivision  OR,  IF  THE  LOCAL LEGISLATIVE BODY DOES NOT APPROVE A NEW
   28  DESIGNATION BEFORE  JANUARY  FIRST,  TWO  THOUSAND  SIXTEEN,  THEN,  FOR
   29  PURPOSES OF APPLICATIONS FOR SPECIAL COMMERCIAL ABATEMENT AREA BENEFITS,
   30  THE  AREAS  DESIGNATED  BY  THE COMMISSION ESTABLISHED PURSUANT TO TITLE
   31  TWO-D OF THIS ARTICLE IN EFFECT AS OF JUNE THIRTIETH, TWO THOUSAND EIGHT
   32  SHALL  REMAIN  IN  EFFECT  UNTIL  DECEMBER  THIRTY-FIRST,  TWO  THOUSAND
   33  FIFTEEN.
   34    (f)  If the commission fails to meet [for more than five years] IN TWO
   35  THOUSAND FIFTEEN, all new applications for special commercial  abatement
   36  area  benefits  postmarked  after  [the fifth anniversary of the commis-
   37  sion's last meeting] DECEMBER THIRTY-FIRST, TWO THOUSAND  FIFTEEN  shall
   38  be deemed applications for regular area benefits.
   39    S 3. Subdivision a of section 11-274 of the administrative code of the
   40  city  of  New  York,  as added by local law number 47 of the city of New
   41  York for the year 2008, is amended to read as follows:
   42    a. Commission members. There shall be a temporary commercial incentive
   43  area boundary commission to consist of [the deputy  mayor  for  economic
   44  development  and  planning]  A DEPUTY MAYOR DESIGNATED BY THE MAYOR, the
   45  commissioner of finance, the chair of the city planning commission,  the
   46  director  of  management and budget, the borough presidents, the speaker
   47  of the city council and a public member appointed by the mayor to  serve
   48  at the mayor's pleasure. Each member except the public member shall have
   49  the  power  to designate an alternate to represent him or her at commis-
   50  sion meetings to exercise all the rights  and  powers  of  such  member,
   51  including  the  right to vote, provided that such designation be made in
   52  writing to the chair of the commission.  The deputy mayor [for  economic
   53  development and planning] DESIGNATED BY THE MAYOR shall serve as commis-
   54  sion chair. Each borough president shall be entitled to vote only on the
   55  designation  of  areas within his or her borough. Commission members who
   56  shall be officers or employees of such city shall serve without  compen-
       S. 5088                             3
    1  sation  but shall be reimbursed for expenses necessarily incurred in the
    2  performance of their duties. Any other commission member  shall  receive
    3  as  exclusive  compensation  for his or her services one hundred dollars
    4  per diem, or another reasonable amount as determined by the deputy mayor
    5  [for  economic  development  and  planning]  DESIGNATED  BY  THE  MAYOR,
    6  provided, however, that the total compensation paid to any  such  member
    7  shall not exceed twelve hundred dollars for any calendar year, or anoth-
    8  er reasonable amount determined by the deputy mayor [for economic devel-
    9  opment  and planning] DESIGNATED BY THE MAYOR.  A majority of members of
   10  such commission entitled to vote on a matter shall constitute  a  quorum
   11  for such issue.  Decisions shall be made by majority vote of those pres-
   12  ent  entitled  to vote on a matter. Notwithstanding any other law to the
   13  contrary, no officer or employee of the state or any of its subdivisions
   14  or any public benefit corporation shall be deemed to have forfeited  his
   15  or  her  office or employment or any benefits provided under the retire-
   16  ment and social security law or under any public retirement system main-
   17  tained by the state or any of its subdivisions by  reason  of  accepting
   18  membership on such commission.
   19    S  4.  Paragraphs  1  and  6 of subdivision b of section 11-274 of the
   20  administrative code of the city of New   York, as  added  by  local  law
   21  number 47 of the city of New York for the year 2008, are amended to read
   22  as follows:
   23    (1)  The  commission  shall  meet in two thousand nine OR TWO THOUSAND
   24  FIFTEEN and at least once every five years thereafter to  determine  the
   25  boundaries of special commercial abatement areas which it is authorized,
   26  but  not  required,  to  designate  pursuant  to this section. The areas
   27  designated by the commission established  pursuant  to  title  two-D  of
   28  article  four  of the real property tax law in effect as of June thirti-
   29  eth, two thousand eight shall remain in effect until the  first  taxable
   30  status  date  after the city council approves a new designation pursuant
   31  to paragraph (4) of this subdivision OR, IF THE LOCAL  LEGISLATIVE  BODY
   32  DOES  NOT  APPROVE  A NEW DESIGNATION BEFORE JANUARY FIRST, TWO THOUSAND
   33  SIXTEEN, THEN, FOR  PURPOSES  OF  APPLICATIONS  FOR  SPECIAL  COMMERCIAL
   34  ABATEMENT  AREA  BENEFITS, THE AREAS DESIGNATED BY THE COMMISSION ESTAB-
   35  LISHED PURSUANT TO TITLE TWO-D OF ARTICLE FOUR OF THE REAL PROPERTY  TAX
   36  LAW  IN  EFFECT AS OF JUNE THIRTIETH, TWO THOUSAND EIGHT SHALL REMAIN IN
   37  EFFECT UNTIL DECEMBER THIRTY-FIRST, TWO THOUSAND FIFTEEN.
   38    (6) If the commission fails to meet [for more than five years] IN  TWO
   39  THOUSAND  FIFTEEN, all new applications for special commercial abatement
   40  area benefits postmarked after [the fifth  anniversary  of  the  commis-
   41  sion's  last  meeting] DECEMBER THIRTY-FIRST, TWO THOUSAND FIFTEEN shall
   42  be deemed applications for regular area benefits.
   43    S 5. This act shall take effect immediately.
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