Bill Text: NY A02928 | 2013-2014 | General Assembly | Introduced
Bill Title: Provides that certain renovated individual properties which contain four to six dwelling units would continue to be treated as class one properties.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-04-29 - held for consideration in real property taxation [A02928 Detail]
Download: New_York-2013-A02928-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2928 2013-2014 Regular Sessions I N A S S E M B L Y January 22, 2013 ___________ Introduced by M. of A. WRIGHT -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to limiting increases of assessed value of certain renovated individual parcels THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 1805 of the real property tax law is amended by 2 adding a new subdivision 1-a to read as follows: 3 1-A. NOTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE TO THE 4 CONTRARY, ANY INDIVIDUAL PARCEL CLASSIFIED IN CLASS ONE, APPEARING ON 5 THE FINAL ASSESSMENT ROLL COMPLETED AFTER JANUARY FIRST, TWO THOUSAND 6 SIX AND PRIOR TO JANUARY FIRST, TWO THOUSAND THIRTEEN, WHICH HAS BEEN 7 RENOVATED IN A MANNER THAT WOULD RESULT IN A RECLASSIFICATION OF SUCH 8 PARCEL FROM CLASS ONE TO CLASS TWO AND WHICH SHALL INCLUDE FOUR TO SIX 9 DWELLING UNITS, SHALL BE SUBJECT TO THE PROVISIONS OF SUBDIVISION ONE OF 10 THIS SECTION. 11 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00771-01-3