STATE OF NEW YORK ________________________________________________________________________ 5280 2017-2018 Regular Sessions IN SENATE March 20, 2017 ___________ Introduced by Sens. CROCI, BOYLE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT in relation to a certain agreement for a payment in lieu of taxes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding the provisions of subdivision (e) of 2 section 15 of the tax law, with respect to any payment of taxes imposed 3 on real property with respect to property located at 1800 Motor Parkway, 4 Islandia, New York, with respect to a lessee that is a qualified empire 5 zone enterprise, such taxes shall be deemed to be eligible real property 6 taxes with respect to such lessee and (1) such taxes shall be deemed to 7 have been paid by the lessee pursuant to explicit requirements in a 8 written lease, (2) shall be deemed to become a lien on the real property 9 during a taxable year in which the lessee of the real property is both 10 certified pursuant to article 18-B of the general municipal law and a 11 qualified empire zone enterprise, and (3) the lessee shall be deemed to 12 have made direct payment of such taxes to the taxing authority and to 13 have received a receipt for such payment of taxes from the taxing 14 authority. Such qualified empire zone enterprise shall be eligible to 15 claim the real property tax credit provided by section 15 of the tax law 16 provided that for each of such periods, the landlord has not filed a 17 claim for the real property tax credit for such payments. 18 § 2. Notwithstanding the provisions of section 687 or 1087 of the tax 19 law or any other provision to the contrary, a claim for a credit or 20 refund may be filed by the taxpayer with respect to the property located 21 at 1800 Motor Parkway, Islandia, New York, for taxable years January 1, 22 2012 through December 31, 2015 where the taxpayer is a qualified empire 23 zone enterprise. 24 § 3. This act shall take effect immediately and shall apply to taxable 25 years beginning on or after January 1, 2012 and before January 1, 2016. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10704-01-7