A1530-2011 Actions

• Jun 19, 2012: held for consideration in ways and means
• Jan 4, 2012: referred to ways and means
• Jan 10, 2011: referred to ways and means

A1530-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         1530
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 January 10, 2011
 
 Introduced by M. of A. CROUCH -- Multi-Sponsored by -- M. of A. FINCH -
 read once and referred to the Committee on Ways and Means
 AN  ACT to amend the tax law, in relation to exempting certain easements
 from the real estate transfer tax
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. Subparagraph 1 of paragraph (j) of subdivision 2 of section
 1449-ee  of the tax law, as added by chapter 114 of the laws of 1998, is
 amended to read as follows:

 (1) agricultural, conservation, scenic, PUBLIC USE or  an  open  space
 easement;  FOR  THE  PURPOSES  OF  THIS  SUBPARAGRAPH "PUBLIC USE" SHALL
 INCLUDE, BUT NOT BE LIMITED TO, TRAILWAYS  AND  BICYCLE  PATHS  AND  THE
 GRANTOR   OF   SUCH  PUBLIC  USE  EASEMENT  SHALL,  NOTWITHSTANDING  THE
 PROVISIONS OF ANY OTHER LAW  TO  THE  CONTRARY,  BE  IMMUNE  FROM  CIVIL
 LIABILITY  AND  ACTION  WITH  RESPECT TO ANY ACT OR OMISSION RELATING TO
 SUCH EASEMENT,
 

S 2. This act shall take effect immediately and  shall  apply  to  all
 conveyances  of real property subject to a public use easement occurring
 on and after such  date;  provided,  however,  that  the  amendments  to
 subparagraph  1  of paragraph (j) of subdivision 2 of section 1449-ee of
 the tax law made by section one of this act shall not affect the  repeal
 of such section and shall be deemed repealed therewith.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04564-01-1

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