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NY A09209
Bill
Status
Introduced
2/9/2022
Primary Sponsor
David Weprin
Click for details
AI Summary
- Repeals section 429 of the real property tax law, which relates to real property used for professional major league sports
- Voids any lease, agreement, or written contract provision that requires non-property owners to pay taxes or tax equivalents imposed by taxing authorities
- Declares that tax obligations cannot be transferred to entities other than the actual property owner, as such provisions are against public policy
- Takes effect 90 days after becoming law
Legislative Description
Repeals provisions granting real property tax exemption to certain entities.
Last Action
referred to real property taxation
2/9/2022
Committee Referrals
Real Property Taxation2/9/2022
Full Bill Text
No bill text available