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NY S07424

Bill

Official Source

Status

Introduced

5/14/2012

Primary Sponsor

Thomas O'Mara

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Expands the residential-commercial exemption program to include counties with a population of 98,900 to 99,000 according to the 2010 federal decennial census, in addition to the existing county population range of 65,390 to 65,400
  • Extends the expiration date of the exemption program from twelve years to thirteen years after the act takes effect
  • Applies to any town, city, village, or other taxing entity located in the newly eligible counties
  • Takes effect immediately, with amendments to section 485-n of the real property tax law to be repealed in accordance with the extended thirteen-year timeline

Legislative Description

Establishes a residential-commercial exemption program in certain counties.

Last Action

SUBSTITUTED BY A10107

6/20/2012

Committee Referrals

Rules6/20/2012
Local Government5/14/2012

Full Bill Text

No bill text available