A6319-2011 - NY Senate Open Legislation - Extends tax benefits for the rehabilitation of single room occupancy housing (SROs)

Extends tax benefits for the rehabilitation of single room occupancy housing (SROs).

Sponsor: Linares (MS) / Multi-sponsor(s): Calhoun, Cook, Gibson, Glick, McDonough, Meng, Perry, Stevenson / Co-sponsor(s): Castro, Rivera P, Weprin, Crespo, Robinson, Rivera N
Law Section: Real Property Tax Law / Law: Amd S488-a, RPT L

A6319-2011 Actions

Jul 18, 2011: signed chap.140
Jul 8, 2011: delivered to governor
Jun 22, 2011: RETURNED TO ASSEMBLY
Jun 22, 2011: PASSED SENATE
Jun 22, 2011: 3RD READING CAL.986
Jun 22, 2011: SUBSTITUTED FOR S3896
May 3, 2011: REFERRED TO LOCAL GOVERNMENT
May 3, 2011: delivered to senate
May 3, 2011: passed assembly
Apr 28, 2011: advanced to third reading cal.223
Apr 11, 2011: reported
Apr 5, 2011: reported referred to ways and means
Mar 14, 2011: referred to real property taxation

A6319-2011 Votes

VOTE: FLOOR VOTE: - Jun 22, 2011

Ayes (62): Adams, Addabbo, Alesi, Avella, Ball, Bonacic, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Duane, Espaillat, Farley, Flanagan, Fuschillo, Gallivan, Gianaris, Golden, Griffo, Grisanti, Hannon, Hassell-Thomps, Huntley, Johnson, Kennedy, Klein, Krueger, Kruger, Lanza, Larkin, LaValle, Libous, Little, Marcellino, Martins, Maziarz, McDonald, Montgomery, Nozzolio, O'Mara, Oppenheimer, Parker, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Saland, Sampson, Savino, Serrano, Seward, Skelos, Smith, Squadron, Stavisky, Stewart-Cousin, Valesky, Young, Zeldin

A6319-2011 Text

 S T A T E   O F   N E W   Y O R K
 
                                          6319
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 March 14, 2011
 
 Introduced by M. of A. LINARES -- Multi-Sponsored by -- M. of A. GIBSON,
 MCDONOUGH,  MENG,  RIVERA,  N., STEVENSON -- read once and referred to
 the Committee on Real Property Taxation
 

AN ACT to amend the real property tax law, in relation to extending  tax
 benefits for the rehabilitation of certain multiple dwellings used for
 single room occupancy
 

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

 

Section 1. Subdivision 2 of section 488-a of  the  real  property  tax
 law,  as  amended by chapter 609 of the laws of 2006, is amended to read
 as follows:

 2. Local legislative action. Any city to which the  multiple  dwelling
 law  is  applicable,  acting through its local legislative body or other
 governing agency, is hereby authorized and empowered to adopt and  amend
 local  laws or ordinances up to and including December thirty-first, two
 thousand [eleven] FIFTEEN, to provide  that  any  increase  in  assessed
 valuation  of  eligible  real property shall be exempt from taxation for
 local purposes and to provide for the abatement  of  taxes  on  eligible
 real property, including the land, in accordance with this section.
 

S 2. Paragraph (i) of subdivision 3 of section 488-a of the real prop
 erty  tax law, as amended by chapter 609 of the laws of 2006, is amended
 to read as follows:

 (i) the eligible improvements are commenced after July first, nineteen
 hundred eighty, but prior to December thirty-first, two thousand  [elev-
 en] FIFTEEN, and are completed within thirty-six months of commencement;
 

S 3. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 A                                                          LBD10004-01-1

A6319-2011: Extends tax benefits for the rehabilitation of single room occupancy housing (SROs)

A6319-2011 Actions

A6319-2011 Votes

A6319-2011 Text

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