S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2843
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 17, 2017
                                ___________
 
 Introduced  by  Sen.  PARKER -- 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 real property tax law, in relation to a minority and
   women-owned  business  enterprise  participation  goal  requirement in
   order to receive exemption of new multiple dwellings from local  taxa-
   tion for the purpose of fixing economic disparity
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 2 of section 421-a of the real property tax law
 is amended by adding a new closing paragraph to read as follows:
   ANY NEW MULTIPLE DWELLING OTHERWISE ELIGIBLE  FOR  AN  EXEMPTION  FROM
 TAXATION  UNDER  THIS  SECTION MUST ALSO BE IN COMPLIANCE WITH THE GOALS
 FOR MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISE PARTICIPATION  PURSUANT
 TO SECTIONS THREE HUNDRED TWELVE AND THREE HUNDRED THIRTEEN OF THE EXEC-
 UTIVE LAW. NOTHING IN THIS SECTION SHALL SUPERSEDE AN APPLICANT'S ABILI-
 TY TO USE A WAIVER AS PRESCRIBED BY SUCH SECTIONS.
   §  2. The opening paragraph of paragraph a of subdivision 3 of section
 421-a of the real property tax law, as amended by section 63-g of part A
 of chapter 20 of the laws of 2015, is amended to read as follows:
   Application forms for exemption under this section shall be filed with
 the assessors between February first and March fifteenth and,  based  on
 the  certification  of  the local housing agency as herein provided, the
 assessors shall certify to the collecting officer the amount of taxes to
 be abated. If there be in a city of one million  population  or  more  a
 department  of  housing  preservation and development, the term "housing
 agency" shall mean only such  department  of  housing  preservation  and
 development.  No  such  application  shall  be accepted by the assessors
 unless accompanied by a certificate of the local housing agency certify-
 ing the applicant's eligibility pursuant to subdivisions two and four of
 this section. No such certification of eligibility shall  be  issued  by
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD01526-01-7

 S. 2843                             2
 
 the local housing agency until such agency determines WHETHER THE APPLI-
 CANT IS IN FULL COMPLIANCE WITH THE PROVISIONS OF SECTIONS THREE HUNDRED
 TWELVE  AND THREE HUNDRED THIRTEEN OF THE EXECUTIVE LAW, AND the initial
 adjusted  monthly rent to be paid by tenants residing in rental dwelling
 units  contained  within  the  multiple  dwelling  and  the  comparative
 adjusted  monthly  rent that would have to be paid by such tenants if no
 tax exemption were applicable as provided by this section.  The  initial
 adjusted  monthly  rent will be certified by the local housing agency as
 the first rent for the subject dwelling units. A copy  of  such  certif-
 ication with respect to such units shall be attached by the applicant to
 the  first  effective lease or occupancy agreement. The initial adjusted
 monthly rent shall reflect the full tax exemption benefits  as  approved
 by the agency.
   § 3. This act shall take effect immediately.