Loading chat...
NY S08173
Bill
Status
7/30/2010
Primary Sponsor
Liz Krueger
Click for details
AI Summary
-
Extends the eligibility period for certain commercial and industrial properties from June 30, 2010 to June 30, 2014 under the real property tax abatement program in cities with populations of one million or more
-
Modifies the eligibility period for premises defined in subdivision 10(b)(i) of section 499-aa from ending June 30, 2010 to ending June 30, 2014
-
Extends the eligibility period for premises defined in subdivision 10(b)(ii) and 10(c) from ending June 30, 2010 to ending June 30, 2014
-
Changes the deadline for improvements to common areas of eligible buildings from December 31, 2010 to December 31, 2014, while maintaining the requirement that such improvements cannot have commenced more than three years before the lease commencement date
-
Takes effect immediately and is deemed effective as of June 30, 2010
Legislative Description
Relates to extending the eligibility for a real estate tax abatement program for certain commercial, industrial and manufacturing properties in a city with a population of one million or more.
Last Action
SIGNED CHAP.306
7/30/2010