Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 25, 2016 |
print number 3181a |
Jan 25, 2016 |
amend and recommit to housing, construction and community development |
Jan 06, 2016 |
referred to housing, construction and community development |
Feb 03, 2015 |
referred to housing, construction and community development |
Senate Bill S3181A
2015-2016 Legislative Session
Sponsored By
(D) 11th Senate District
Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
2015-S3181 - Details
- See Assembly Version of this Bill:
- A1074
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Add §11-240.1, NYC Ad Cd
- Versions Introduced in Other Legislative Sessions:
-
2011-2012:
S6572, A9466
2013-2014: S1866, A915
2017-2018: S5229, A338
2019-2020: S2946, A250
2021-2022: S4147, A686
2023-2024: S1893
2015-S3181 - Sponsor Memo
BILL NUMBER:S3181 TITLE OF BILL: An act to amend the administrative code of the city of New York, in relation to rates of increase of assessed values of cooperative units and condominiums PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to provide that the assessed values of cooperative units and condominiums shall not increase by no more than three percent in the two years following resolution of tax certiorari proceedings. SUMMARY OF SPECIFIC PROVISIONS: Section 1 will add section 11-240.1 to the administrative code of the city of New York. This would require that the assessed value of real property owned or leased by a cooperative corporation or condominium basis shall increase by no more than three percent in the two years following the resolution of tax certiorari proceedings on such property. Section 2 contains the effective date. JUSTIFICATION:
2015-S3181 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3181 2015-2016 Regular Sessions I N S E N A T E February 3, 2015 ___________ Introduced by Sen. STAVISKY -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend the administrative code of the city of New York, in relation to rates of increase of assessed values of cooperative units and condominiums THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The administrative code of the city of New York is amended by adding a new section 11-240.1 to read as follows: S 11-240.1 ASSESSMENTS FOLLOWING TAX CERTIORARI SETTLEMENT. THE ASSESSED VALUE OF REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPO- RATION OR ON A CONDOMINIUM BASIS SHALL INCREASE BY NO MORE THAN THREE PERCENT IN THE TWO YEARS FOLLOWING THE RESOLUTION OF TAX CERTIORARI PROCEEDINGS ON SUCH PROPERTY. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02319-01-5
2015-S3181A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1074
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Add §11-240.1, NYC Ad Cd
- Versions Introduced in Other Legislative Sessions:
-
2011-2012:
S6572, A9466
2013-2014: S1866, A915
2017-2018: S5229, A338
2019-2020: S2946, A250
2021-2022: S4147, A686
2023-2024: S1893
2015-S3181A (ACTIVE) - Sponsor Memo
BILL NUMBER: S3181A TITLE OF BILL : An act to amend the administrative code of the city of New York, in relation to rates of increase of assessed values of cooperative units and condominiums PURPOSE OR GENERAL IDEA OF BILL : The purpose of this bill is to provide that the assessed values of cooperative units and condominiums shall not increase by no more than three percent in the two years following resolution of tax certiorari proceedings. SUMMARY OF SPECIFIC PROVISIONS : Section 1 will add section 11-240.2 to the administrative code of the city of New York. This would require that the assessed value of real property owned or leased by a cooperative corporation or condominium basis shall increase by no more than three percent in the two years following the resolution of tax certiorari proceedings on such property. Section 2 contains the effective date.
2015-S3181A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3181--A 2015-2016 Regular Sessions I N S E N A T E February 3, 2015 ___________ Introduced by Sen. STAVISKY -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development -- recommitted to the Committee on Housing, Construction and Community Development in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the administrative code of the city of New York, in relation to rates of increase of assessed values of cooperative units and condominiums THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The administrative code of the city of New York is amended by adding a new section 11-240.2 to read as follows: S 11-240.2 ASSESSMENTS FOLLOWING TAX CERTIORARI SETTLEMENT. THE ASSESSED VALUE OF REAL PROPERTY OWNED OR LEASED BY A COOPERATIVE CORPO- RATION OR ON A CONDOMINIUM BASIS SHALL INCREASE BY NO MORE THAN THREE PERCENT IN THE TWO YEARS FOLLOWING THE RESOLUTION OF TAX CERTIORARI PROCEEDINGS ON SUCH PROPERTY. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02319-02-6
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