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NY A01369
Bill
Status
1/8/2021
Primary Sponsor
Kevin Cahill
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AI Summary
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Department of Taxation and Finance must conduct a study in consultation with the Commissioner of Environmental Conservation on state policies affecting taxation of state-owned land
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Report must detail current state policies and practices causing state-owned property to be taxed or requiring state payments of fees for services or in lieu of taxes to local governments
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Department must assess costs to the state, evaluate local fiscal impacts, and recommend a standard statewide policy for state compensation to local governments for exempting state-owned real property from property taxation
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Report must include fiscal impact estimates, implementation plan, and draft legislation for the recommended policy; due to the Governor and Legislature by January 1, 2023
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Act takes effect immediately and expires February 1, 2023, at which point all provisions are repealed
Legislative Description
Directs the department of taxation and finance to conduct a study and report on a plan for consistent statewide policy concerning property taxation of state-owned land; provides for the repeal of such provisions upon the expiration thereof.
Last Action
referred to real property taxation
1/5/2022