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NY A00351
Bill
Status
1/6/2021
Primary Sponsor
D. Billy Jones
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AI Summary
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Commissioner of Health shall biennially designate clinician shortage areas in the state based on short supply of physicians, physician assistants, nurse practitioners, and nurse midwives in primary care and medical specialties.
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Municipal corporations and school districts may exempt primary residences purchased by clinicians working in designated shortage areas from taxation, following a public hearing and adoption of a local law or resolution.
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Tax exemptions are limited to a maximum duration of five years and cannot exceed 35 percent of the property's assessed value, with jurisdictions able to impose additional conditions such as maximum property value limits.
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State aid shall reimburse taxing jurisdictions for tax savings provided through these exemptions, computed by subtracting actual taxes levied from taxes that would have been levied without the exemption.
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Exemptions apply only to properties purchased after the act's effective date and the subsequent adoption of enabling local law or resolution by the jurisdiction.
Legislative Description
Authorizes real property taxing jurisdictions to grant a partial tax exemption for property purchased by a clinician in a clinician shortage area, as determined by the commissioner of health, which will be such clinician's primary residence and he or she will practice in such shortage area; provides state aid to taxing jurisdictions which grant the exemption to the extent of the tax savings provided to clinicians.
Last Action
referred to real property taxation
1/5/2022