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NY A03958
Bill
Status
2/8/2023
Primary Sponsor
Rodneyse Bichotte Hermelyn
Click for details
AI Summary
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Amends Section 421-a of the real property tax law to require new multiple dwellings seeking tax exemption to comply with minority and women-owned business enterprise (MWBE) participation goals under Executive Law sections 312 and 313.
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Allows applicants to use waivers from MWBE participation requirements as prescribed by Executive Law sections 312 and 313.
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Requires local housing agencies to determine whether applicants are in full compliance with MWBE provisions before issuing certification of eligibility for the tax exemption.
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Takes effect immediately upon enactment.
Legislative Description
Relates to a minority and women-owned business enterprise participation goal requirement in order to receive exemption of new multiple dwellings from local taxation.
Last Action
referred to real property taxation
1/3/2024