Bill Text: NY A05122 | 2011-2012 | General Assembly | Amended
Bill Title: Relates to taxation of a designated electric generating facility located in the town of Haverstraw.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2012-06-18 - reported referred to ways and means [A05122 Detail]
Download: New_York-2011-A05122-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
S. 3235--A A. 5122--A
2011-2012 Regular Sessions
S E N A T E - A S S E M B L Y
February 14, 2011
___________
IN SENATE -- Introduced by Sen. CARLUCCI -- read twice and ordered
printed, and when printed to be committed to the Committee on Local
Government -- recommitted to the Committee on Local Government in
accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
amended, ordered reprinted as amended and recommitted to said commit-
tee
IN ASSEMBLY -- Introduced by M. of A. ZEBROWSKI, JAFFEE -- read once and
referred to the Committee on Real Property Taxation -- recommitted to
the Committee on Real Property Taxation in accordance with Assembly
Rule 3, sec. 2 -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
AN ACT to provide for the taxation of certain real property in the coun-
ty of Rockland and providing for the repeal of such provisions upon
expiration thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Notwithstanding any provision of law to the contrary, if
2 there is a court-ordered assessment reduction of an electric generating
3 facility in the town of Haverstraw on or after July 1, 2012, when levy-
4 ing taxes for town, county, school and village purposes, pursuant to
5 article 19 of the real property tax law upon the assessment roll of the
6 town of Haverstraw, the non-homestead class shall be deemed to consist
7 of two subclasses, one containing electric generating facilities and the
8 other containing all other non-homestead property. For the fiscal years
9 commencing after such reduction, the non-homestead class tax share shall
10 be allocated between these two subclasses so as to preserve the distrib-
11 ution between the two subclasses that existed when taxes were levied the
12 fiscal year prior to such court ordered reduction of said town, subject
13 to adjustments for any physical changes, provided that such subclass
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00497-03-2
S. 3235--A 2 A. 5122--A
1 share distribution shall be annually adjusted so as to phase out such
2 preservation over the subsequent 10 year period.
3 S 2. This act shall take effect immediately and shall expire and be
4 deemed repealed June 30, 2030.
