S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5276
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 12, 2021
                                ___________
 
 Introduced  by M. of A. GUNTHER, GALEF, COOK -- Multi-Sponsored by -- M.
   of A.  DINOWITZ, J. RIVERA -- read once and referred to the  Committee
   on Real Property Taxation
 
 AN  ACT  to  amend the real property tax law, in relation to authorizing
   fire districts to impose special ad valorem levies and special assess-
   ments against otherwise tax exempt real property
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  490  of the real property tax law, as amended by
 section 2 of part AA of chapter 59 of the laws of 2019,  is  amended  to
 read as follows:
   §  490.  Exemption  from special ad valorem levies and special assess-
 ments.  Real property exempt from taxation pursuant to  subdivision  two
 of  section  four hundred, subdivision one of section four hundred four,
 subdivision one of section  four  hundred  six,  sections  four  hundred
 eight,  four  hundred  ten, four hundred ten-a, four hundred ten-b, four
 hundred eighteen, four hundred twenty-a,  four  hundred  twenty-b,  four
 hundred  twenty-two, four hundred twenty-six, four hundred twenty-seven,
 four hundred twenty-eight, four hundred thirty, four hundred thirty-two,
 four hundred thirty-four, four hundred thirty-six, four hundred  thirty-
 eight,  four  hundred fifty, four hundred fifty-two, four hundred fifty-
 four, four hundred fifty-six,  four  hundred  sixty-four,  four  hundred
 seventy-two,  four  hundred  seventy-four,  four hundred eighty-five and
 subdivision ten of section four hundred  eighty-seven  of  this  chapter
 shall  also be exempt from special ad valorem levies and special assess-
 ments against real property located outside cities and  villages  for  a
 special  improvement  or  service  or  a special district improvement or
 service and special ad valorem levies and special assessments imposed by
 a county improvement district or district corporation except  (1)  those
 levied  to  pay  for  the  costs,  including interest and incidental and
 preliminary  costs,  of  the  acquisition,  installation,  construction,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD02486-01-1

 A. 5276                             2
 
 reconstruction and enlargement of or additions to the following improve-
 ments,  including  original equipment, furnishings, machinery or appara-
 tus,  and  the  replacements  thereof:  water  supply  and  distribution
 systems;  sewer  systems  (either  sanitary or surface drainage or both,
 including purification, treatment  or  disposal  plants  or  buildings);
 waterways  and  drainage improvements; street, highway, road and parkway
 improvements (including sidewalks, curbs, gutters,  drainage,  landscap-
 ing,  grading  or  improving the right of way) [and] (2) special assess-
 ments payable in installments  on  an  indebtedness  including  interest
 contracted  prior  to July first, nineteen hundred fifty-three, pursuant
 to section two hundred forty-two of the town  law  or  pursuant  to  any
 other  comparable provision of law AND (3) SPECIAL AD VALOREM LEVIES AND
 SPECIAL ASSESSMENTS FOR A SPECIAL DISTRICT IMPROVEMENT OR SERVICE LEVIED
 BY A FIRE DISTRICT, FIRE PROTECTION DISTRICT  OR  A  PROPERTY  RECEIVING
 FIRE PROTECTION SERVICES.
   § 2. This act shall take effect immediately and shall apply to special
 ad  valorem  levies  and  special  assessments  imposed on or after such
 effective date.