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.