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NY A07434
Bill
Status
5/7/2021
Primary Sponsor
Carmen De La Rosa
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AI Summary
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Requires building service employees at cooperative and condominium properties receiving tax abatements to be paid prevailing wage rates as determined by New York City's comptroller under labor law section 234.
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Defines "qualified property" as: properties with average unit assessed value of $60,000 or less; properties between $60,000-$100,000 with fewer than 30 units; or properties where owners certify all building service employees will receive prevailing wage for the abatement duration.
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Makes affidavits certifying prevailing wage payment for building service employees a public record that can be produced in court or administrative proceedings, while keeping other application information confidential.
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Prohibits tax abatement eligibility for non-qualified properties beginning in fiscal year 2022 and authorizes the finance commissioner to deny or revoke abatements if prevailing wages are not paid.
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Grants New York City's comptroller authority to investigate and determine wage payment violations by property owners or employers of building service employees under labor law provisions.
Legislative Description
Relates to wages and supplements for building service employees employed at certain properties held in the cooperative or condominium form of ownership receiving a tax abatement, affidavits certifying the payment of prevailing wages to building service workers are made public record and may be produced before a court or administrative tribunal.
Last Action
substituted by s6350a
6/10/2021