A4981-2011 Actions

• Jun 19, 2012: held for consideration in ways and means
• Jun 15, 2012: print number 4981a
• Jun 15, 2012: amend and recommit to ways and means
• Jan 24, 2012: reported referred to ways and means
• Jan 4, 2012: referred to real property taxation
• Feb 15, 2011: reported referred to ways and means
• Feb 9, 2011: referred to real property taxation

A4981-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    4981

                         2011-2012 Regular Sessions

                            I N  ASSEMBLY

                              February 9, 2011
                                 ___________

  Introduced  by M. of A. GALEF, McENENY -- Multi-Sponsored by -- M. of A.
    CALHOUN, N. RIVERA -- read once and referred to the Committee on  Real
    Property Taxation

  AN  ACT to amend the real property tax law and the real property law, in
    relation to the taxation of property owned  by  a  cooperative  corpo-
    ration

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Subdivision 1 of section 581 of the real property  tax  law
  is amended by adding a new paragraph (d) to read as follows:

    (D)  THE  PROVISIONS  OF  PARAGRAPH  (A) OF THIS SUBDIVISION SHALL NOT
  APPLY TO REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE  CORPORATION  OR
  ON  A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION, OTHER THAN A SPECIAL
  ASSESSING UNIT, WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS  DATE  OF
  THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR,
  FOR  A  SCHOOL  DISTRICT,  A RESOLUTION PROVIDING THAT THE PROVISIONS OF
  PARAGRAPH (A) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL  PROPERTY
  WITHIN  THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS OF
  THIS PARAGRAPH SHALL NOT APPLY TO REAL PROPERTY OWNED  OR  LEASED  BY  A
  COOPERATIVE  CORPORATION  OR ON A CONDOMINIUM BASIS THAT HAD BEEN PREVI-
  OUSLY SUBJECT TO THE PROVISIONS OF PARAGRAPH  (A)  OF  THIS  SUBDIVISION
  PRIOR TO JANUARY FIRST, TWO THOUSAND THIRTEEN.
    S  2.  Subdivision  1  of  section  339-y  of the real property law is
  amended by adding a new paragraph (g) to read as follows:

    (G) THE PROVISIONS OF PARAGRAPH (B)  OF  THIS  SUBDIVISION  SHALL  NOT
  APPLY  TO  REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPORATION OR
  ON A CONDOMINIUM BASIS IN A MUNICIPAL CORPORATION OTHER THAN  A  SPECIAL
  ASSESSING  UNIT,  WHICH HAS ADOPTED, PRIOR TO THE TAXABLE STATUS DATE OF
  THE ASSESSMENT ROLL UPON WHICH ITS TAXES WILL BE LEVIED, A LOCAL LAW OR,
  FOR A SCHOOL DISTRICT, A RESOLUTION PROVIDING  THAT  THE  PROVISIONS  OF
  PARAGRAPH  (B) OF THIS SUBDIVISION SHALL NOT APPLY TO SUCH REAL PROPERTY

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD00144-01-1

 A. 4981                             2

  WITHIN THAT MUNICIPAL CORPORATION; PROVIDED, HOWEVER, THE PROVISIONS  OF
  THIS  PARAGRAPH  SHALL  NOT  APPLY TO REAL PROPERTY OWNED OR LEASED BY A
  COOPERATIVE CORPORATION OR ON A CONDOMINIUM BASIS THAT HAD  BEEN  PREVI-
  OUSLY  SUBJECT  TO  THE  PROVISIONS OF PARAGRAPH (B) OF THIS SUBDIVISION
  PRIOR TO JANUARY FIRST, TWO THOUSAND THIRTEEN.
    S 3. This act shall take effect immediately and shall apply to assess-
  ment rolls prepared on the basis of taxable status dates occurring on or
  after January 1, 2013.