NY S02887 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 26 2021 - 25% progression, died in committee
Action: 2022-02-07 - PRINT NUMBER 2887A
Pending: Senate Cities 1 Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 26 2021 - 25% progression, died in committee
Action: 2022-02-07 - PRINT NUMBER 2887A
Pending: Senate Cities 1 Committee
Text: Latest bill text (Amended) [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; 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.
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; 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
| Date | Chamber | Action |
|---|---|---|
| 2022-02-07 | Senate | PRINT NUMBER 2887A |
| 2022-02-07 | Senate | AMEND AND RECOMMIT TO CITIES 1 |
| 2022-01-05 | Senate | REFERRED TO CITIES 1 |
| 2021-01-26 | Senate | REFERRED TO CITIES 1 |
Same As/Similar To
A03395 (Same As) 2021-12-10 - enacting clause stricken
A09185 (Same As) 2022-02-09 - referred to real property taxation
A09185 (Same As) 2022-02-09 - referred to real property taxation
