NY A03395 | 2021-2022 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 19-0)
Status: Introduced on January 26 2021 - 25% progression, died in chamber
Action: 2021-12-10 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]

Summary

Eliminates the New York city condominium and cooperative tax abatement for dwelling units whose billable assessed value is two hundred thousand dollars or greater and instructs that the money used to formerly fund such abatement be reallocated to the New York city housing authority; extends certain provisions of the partial tax abatement for residential real property held in the cooperative or condominium form of ownership in a city having a population of one million or more.

Tracking Information

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Title

Eliminates the New York city condominium and cooperative tax abatement for dwelling units whose billable assessed value is two hundred thousand dollars or greater and instructs that the money used to formerly fund such abatement be reallocated to the New York city housing authority; extends certain provisions of the partial tax abatement for residential real property held in the cooperative or condominium form of ownership in a city having a population of one million or more.

Sponsors


History

DateChamberAction
2021-12-10Assemblyenacting clause stricken
2021-01-26Assemblyreferred to real property taxation

Same As/Similar To

S02887 (Same As) 2022-02-07 - PRINT NUMBER 2887A

New York State Sources


Bill Comments

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