Loading chat...
NY A04612
Bill
Status
2/4/2021
Primary Sponsor
Michael Cusick
Click for details
AI Summary
-
Prohibits taxing jurisdictions from assessing fees, interest, or penalties on real property taxes owed by small businesses and small landlords from the declaration of Executive Order No. 202 of 2020 through 90 days after the state disaster emergency ends
-
Defines "small business" as a business in New York State with 20 or fewer full-time employees and gross annual income of $3 million or less
-
Defines "small landlord" as a non-residential not-for-profit or commercial landlord owning and operating 10 or fewer units
-
Takes effect immediately upon enactment
Legislative Description
Prohibits the assessment of fees for real property taxes owed on real property owned by small businesses and small landlords during the COVID-19 state disaster emergency through 90 days after the end of such state disaster emergency.
Last Action
referred to real property taxation
1/5/2022