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NY A02497
Bill
Status
1/26/2023
Primary Sponsor
D. Billy Jones
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AI Summary
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Commissioner of health biennially designates clinician shortage areas (counties or sub-county geographic areas) lacking adequate supply of primary care physicians, medical specialty physicians, physician assistants, nurse practitioners, or nurse midwives.
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Municipal corporations and school districts may exempt primary residences purchased by clinicians who reside and maintain offices in designated shortage areas, subject to public hearing and adoption of local law or resolution.
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Exemptions limited to maximum of 5 years duration and 35 percent of property's assessed value; local jurisdictions may establish additional conditions including maximum property values.
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State reimburses municipalities and school districts for tax savings granted through exemptions, calculated as the difference between taxes owed without exemption and taxes actually levied.
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Act takes effect immediately and applies to tax years beginning on or after March 1 following enactment, or for municipalities with alternative taxable status dates, upon the next establishment of property tax status.
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
1/3/2024