Bill Text: NY S07770 | 2015-2016 | General Assembly | Amended
Bill Title: Relates to sales of certain property made to the Suffolk County Landbank Corporation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2016-11-14 - SIGNED CHAP.440 [S07770 Detail]
Download: New_York-2015-S07770-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 7770--B Cal. No. 1305 IN SENATE May 12, 2016 ___________ Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- reported favorably from said committee, ordered to first report, amended on first report, ordered to a second report and ordered reprinted, retaining its place in the order of second report -- reported favorably from said committee, ordered to first and second report, amended on second report, ordered to a third reading, and to be reprinted as amended, retaining its place in the order of third reading AN ACT to amend the Suffolk county tax act, in relation to sales of certain property made to the Suffolk County Landbank Corporation The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Chapter 311 of the laws of 1920 constituting the Suffolk 2 county tax act is amended by adding a new section 46-a to read as 3 follows: 4 § 46-a. Notwithstanding any provision of this act to the contrary, the 5 county may convey property or tax liens to the Suffolk County Landbank 6 Corporation pursuant to article 16 of the not-for-profit corporation law 7 for such consideration and on terms and conditions as the county and the 8 landbank may determine. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15113-08-6