New York Senate Bill 5758 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 14 2011 - 25% progression, died in committee
Action: 2012-01-04 - REFERRED TO LOCAL GOVERNMENT
Pending: Senate Local Government Committee
Text: Latest bill text (Amended) [HTML]

Establishes limits upon school district and local government tax levies and provides for voter approval of such limits (Part A); provides for mandate relief (Parts B-D); authorizes tax increment bonds payable from real property taxes levied by a school district within a blighted project area (Part E); establishes a residential-commercial exemption program (Part F); authorizes certain counties, cities and school districts to impose up to a three percent rate of sales and compensating use taxes; preserves the authority of certain counties and a city to impose such taxes at rates in excess of three percent; repeals certain provisions thereof (Part G); relates to tax exemptions for new multiple dwellings; extends provisions relating to rent control (Part H); and establishes an exemption from local taxation in cities having a population of one million or more for newly constructed housing with 3 or less dwelling units.

Establishes limits upon school district and local government tax levies and provides for voter approval of such limits (Part A); provides for mandate relief (Parts B-D); authorizes tax increment bonds payable from real property taxes levied by a school district within a blighted project area (Part E); establishes a residential-commercial exemption program (Part F); authorizes certain counties, cities and school districts to impose up to a three percent rate of sales and compensating use taxes; preserves the authority of certain counties and a city to impose such taxes at rates in excess of three percent; repeals certain provisions thereof (Part G); relates to tax exemptions for new multiple dwellings; extends provisions relating to rent control (Part H); and establishes an exemption from local taxation in cities having a population of one million or more for newly constructed housing with 3 or less dwelling units.

Sen. Dean Skelos [R]

Date	Chamber	Action
2012-01-04	Senate	REFERRED TO LOCAL GOVERNMENT
2011-06-20	Senate	PRINT NUMBER 5758A
2011-06-20	Senate	AMEND (T) AND RECOMMIT TO RULES
2011-06-14	Senate	REFERRED TO RULES

Type	Source
Summary	https://assembly.state.ny.us/leg/?default_fld=&bn=S05758&term=2011&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S05758&term=2011&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05758A