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NY A02875
Bill
Status
Introduced
1/27/2023
Primary Sponsor
Daniel Rosenthal
Click for details
AI Summary
- Amends the real property tax law to exclude telecommunications equipment owned by entities other than telephone companies from real property taxation
- Specifies that equipment used for transmission or switching of electromagnetic voice, video, and data signals between different entities separated by air, street, or other public domain is not subject to real property tax
- Adds new exemption (E) for telecommunications property including fiber optic cables, towers, permanently affixed steel rooftop structures, and walk-in shelters used for commercial mobile radio service or mobile internet access service transmission
- Takes effect immediately and applies to all assessments that have not become final, regardless of whether a taxpayer has filed a complaint
- Declares legislative intent to correct a court of appeals decision regarding telecommunications equipment taxation
Legislative Description
Provides that all equipment used for the transmission and switching of radio signals for the provision of commercial mobile radio service or mobile internet access service no longer constitutes real property subject to the real property tax law.
Last Action
enacting clause stricken
7/17/2023
Committee Referrals
Real Property Taxation1/27/2023
Full Bill Text
No bill text available