Bill Text: NY S06751 | 2017-2018 | General Assembly | Introduced

New York Senate Bill 6751 (Prior Session Legislation)

Introduced

Bill Title: Provides that abatement benefits shall not be granted until the applicant files the final application; provides further that if the final application is not filed within one year, benefits shall not be granted until such application is filed at the department's discretion.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2017-10-23 - SIGNED CHAP.397 [S06751 Detail]

Download: New_York-2017-S06751-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          6751
                               2017-2018 Regular Sessions
                    IN SENATE
                                      June 16, 2017
                                       ___________
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        AN ACT to amend the real property tax law, in relation to the impact  of
          late filings on abatement benefits
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subparagraph (ii) of paragraph  (a)  of  subdivision  5  of
     2  section 489-cccccc of the real property tax law, as added by chapter 119
     3  of the laws of 2008, is amended to read as follows:
     4    (ii)  Final application. Applicants shall file a final application for
     5  benefits no later than one year from the date of issuance of  the  first
     6  building  permit for construction work, or, where construction work does
     7  not require a building permit, no later than one year from the  date  of
     8  commencement  of construction.   Abatement benefits shall not be granted
     9  until the applicant files the final application. If the  final  applica-
    10  tion  is not filed within such one year period, abatement benefits shall
    11  not be granted until such application is filed, and the  department  may
    12  delay  the granting of such benefits, at the department's discretion, to
    13  investigate the reason for the late filing.
    14    § 2. This act  shall  take  effect  immediately  and  shall  apply  to
    15  projects that file preliminary applications on or after such date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00354-06-7