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NY S05923

Bill

Official Source

Status

Engrossed

6/16/2015

Primary Sponsor

Leroy Comrie

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends Real Property Tax Law section 489-cccccc to modify the deadline for final applications for construction-related tax benefits
  • Final applications must normally be filed no later than one year from the date of the first building permit issuance or, if no permit is required, one year from the date construction commences
  • Grants the Department of Finance discretion to accept applications filed after the one-year deadline if it finds no harm resulted from the late filing or no fault on the applicant's part for missing the deadline
  • Takes effect immediately upon enactment

Legislative Description

Relates to giving the New York city department of taxation discretion to accept late filings.

Last Action

referred to real property taxation

6/6/2016

Committee Referrals

Real Property Taxation6/6/2016
Rules6/1/2016
Cities1/6/2016
Real Property Taxation6/16/2015
Rules6/11/2015

Full Bill Text

No bill text available