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NY S02745
Bill
Status
1/24/2023
Primary Sponsor
Daniel Stec
Click for details
AI Summary
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Amends Real Property Tax Law Section 532 to require New York State to pay property taxes on assessed values of closed state prison properties
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Applies to state-owned lands previously used as state prisons and their improvements, beginning once correctional operations cease and continuing regardless of maintenance personnel on-site
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Tax obligation continues until the state begins operations through a state agency or the land is sold to a non-governmental entity
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Requires not-for-profit non-governmental entities receiving conveyed prison lands to enter into a payment in lieu of taxes agreement with the local municipality
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Takes effect April 1 following enactment
Legislative Description
Requires the state pay taxes on the assessed value of properties of closed state prisons until such prison is reopened, used by another state agency, or is conveyed to a non-governmental entity.
Last Action
REFERRED TO LOCAL GOVERNMENT
1/3/2024