Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 07, 2020 |
print number 4540b |
Oct 07, 2020 |
amend and recommit to real property taxation |
Aug 17, 2020 |
print number 4540a |
Aug 17, 2020 |
amend and recommit to real property taxation |
Jan 08, 2020 |
referred to real property taxation |
Feb 04, 2019 |
referred to real property taxation |
Assembly Bill A4540B
2019-2020 Legislative Session
Sponsored By
GLICK
Archive: Last Bill Status - In Assembly 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
co-Sponsors
Daniel O'Donnell
Richard Gottfried
Linda Rosenthal
Karines Reyes
multi-Sponsors
Carmen E. Arroyo
Catherine Nolan
2019-A4540 - Details
- See Senate Version of this Bill:
- S44
- Current Committee:
- Assembly Real Property Taxation
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
A10192, S7941
2015-2016: A1641, S1053
2017-2018: A3837, S69
2021-2022: A5736, S4199
2023-2024: A1814
2019-A4540 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4540 2019-2020 Regular Sessions I N A S S E M B L Y February 4, 2019 ___________ Introduced by M. of A. GLICK, O'DONNELL, GOTTFRIED -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to imposing an additional tax on certain non-primary residence class one and class two properties in a city with a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 307-b to read as follows: § 307-B. ADDITIONAL TAX ON CERTAIN NON-PRIMARY RESIDENCE PROPERTIES IN A CITY WITH A POPULATION OF ONE MILLION OR MORE. 1. GENERALLY. NOTWITH- STANDING ANY PROVISION OF ANY GENERAL, SPECIFIC OR LOCAL LAW TO THE CONTRARY, ANY CITY WITH A POPULATION OF ONE MILLION OR MORE IS HEREBY AUTHORIZED AND EMPOWERED TO ADOPT AND AMEND LOCAL LAWS IN ACCORDANCE WITH THIS SECTION IMPOSING AN ADDITIONAL TAX ON CERTAIN RESIDENTIAL PROPERTIES. 2. DEFINITIONS. AS USED IN THIS SECTION: (A) "COMMISSIONER OF FINANCE" MEANS THE COMMISSIONER OF FINANCE OF A CITY HAVING A POPULATION OF ONE MILLION OR MORE, OR HIS OR HER DESIGNEE. (B) "DEPARTMENT OF FINANCE" MEANS THE DEPARTMENT OF FINANCE OF A CITY HAVING A POPULATION OF ONE MILLION OR MORE. (C) "MARKET VALUE" SHALL MEAN THE CURRENT MONETARY VALUE OF THE PROP- ERTY, USING A COMPARABLE SALE-BASED VALUATION METHOD, AS DETERMINED BY THE DEPARTMENT OF FINANCE. 3. ADDITIONAL TAX. A LOCAL LAW ENACTED PURSUANT TO THIS SECTION MAY PROVIDE FOR A REAL PROPERTY TAX IN ACCORDANCE WITH THE FOLLOWING TABLE FOR FISCAL YEARS BEGINNING ON OR AFTER JULY FIRST, TWO THOUSAND TWENTY: IF THE MARKET VALUE OF THE THE TAX IS: PROPERTY IS: OVER $5,000,000 BUT NOT $0 PLUS .5% OF EXCESS OVER $6,000,000 OVER $5,000,000 OVER $6,000,000 $5,000 PLUS 1% OF EXCESS BUT NOT OVER $10,000,000 OVER $6,000,000
co-Sponsors
Daniel O'Donnell
Richard Gottfried
Linda Rosenthal
Karines Reyes
multi-Sponsors
Carmen E. Arroyo
Catherine Nolan
2019-A4540A - Details
- See Senate Version of this Bill:
- S44
- Current Committee:
- Assembly Real Property Taxation
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
A10192, S7941
2015-2016: A1641, S1053
2017-2018: A3837, S69
2021-2022: A5736, S4199
2023-2024: A1814
2019-A4540A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4540--A 2019-2020 Regular Sessions I N A S S E M B L Y February 4, 2019 ___________ Introduced by M. of A. GLICK, O'DONNELL, GOTTFRIED, L. ROSENTHAL, REYES, RIVERA, DINOWITZ, SIMOTAS, JEAN-PIERRE, EPSTEIN, WEPRIN, NIOU, LENTOL, RICHARDSON, CRUZ, TAYLOR, MOSLEY, STECK, QUART, SEAWRIGHT, FAHY, ORTIZ, BENEDETTO, JACOBSON, FERNANDEZ, PICHARDO, BURKE, DE LA ROSA, SIMON, BUTTENSCHON, DenDEKKER, LIFTON, BUCHWALD, SAYEGH, HUNTER, JOYNER, CARROLL, WOERNER, McDONALD, GUNTHER, RAMOS, GRIFFIN, JONES -- Multi-Sponsored by -- M. of A. ARROYO, NOLAN -- 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 amend the real property tax law, in relation to imposing an additional tax on certain non-primary residence class one and class two properties in a city with a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 307-b to read as follows: § 307-B. ADDITIONAL TAX ON CERTAIN NON-PRIMARY RESIDENCE PROPERTIES IN A CITY WITH A POPULATION OF ONE MILLION OR MORE. 1. GENERALLY. NOTWITH- STANDING ANY PROVISION OF ANY GENERAL, SPECIFIC OR LOCAL LAW TO THE CONTRARY, ANY CITY WITH A POPULATION OF ONE MILLION OR MORE IS HEREBY AUTHORIZED AND EMPOWERED TO ADOPT AND AMEND LOCAL LAWS IN ACCORDANCE WITH THIS SECTION IMPOSING AN ADDITIONAL TAX ON CERTAIN RESIDENTIAL PROPERTIES AND DWELLING UNITS. 2. DEFINITIONS. AS USED IN THIS SECTION: (A) "ASSESSED VALUE" MEANS THE DETERMINATION MADE BY THE ASSESSORS OF A CITY HAVING A POPULATION OF ONE MILLION OR MORE OF THE VALUATION OF REAL PROPERTY. (B) "ASSESSED VALUE ATTRIBUTABLE TO A TENANT-STOCKHOLDER" MEANS THE PROPORTION OF THE ASSESSED VALUE OF REAL PROPERTY OWNED BY A COOPERATIVE APARTMENT CORPORATION, REPRESENTED BY A TENANT-STOCKHOLDER'S SHARE OR EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Daniel O'Donnell
Richard Gottfried
Linda Rosenthal
Karines Reyes
multi-Sponsors
Carmen E. Arroyo
Catherine Nolan
2019-A4540B (ACTIVE) - Details
- See Senate Version of this Bill:
- S44
- Current Committee:
- Assembly Real Property Taxation
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
A10192, S7941
2015-2016: A1641, S1053
2017-2018: A3837, S69
2021-2022: A5736, S4199
2023-2024: A1814
2019-A4540B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4540--B 2019-2020 Regular Sessions I N A S S E M B L Y February 4, 2019 ___________ Introduced by M. of A. GLICK, O'DONNELL, GOTTFRIED, L. ROSENTHAL, REYES, RIVERA, DINOWITZ, SIMOTAS, JEAN-PIERRE, EPSTEIN, WEPRIN, NIOU, LENTOL, RICHARDSON, CRUZ, TAYLOR, MOSLEY, STECK, QUART, SEAWRIGHT, FAHY, ORTIZ, BENEDETTO, JACOBSON, FERNANDEZ, PICHARDO, BURKE, DE LA ROSA, SIMON, BUTTENSCHON, DenDEKKER, LIFTON, BUCHWALD, SAYEGH, HUNTER, JOYNER, CARROLL, WOERNER, McDONALD, GUNTHER, RAMOS, GRIFFIN, JONES, STERN, LUPARDO -- Multi-Sponsored by -- M. of A. ARROYO, NOLAN -- read once and referred to the Committee on Real Property Taxation -- recom- mitted 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 -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to imposing an additional tax on certain non-primary residence class one and class two properties in a city with a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 307-b to read as follows: § 307-B. ADDITIONAL TAX ON CERTAIN NON-PRIMARY RESIDENCE PROPERTIES IN A CITY WITH A POPULATION OF ONE MILLION OR MORE. 1. GENERALLY. NOTWITH- STANDING ANY PROVISION OF ANY GENERAL, SPECIFIC OR LOCAL LAW TO THE CONTRARY, ANY CITY WITH A POPULATION OF ONE MILLION OR MORE IS HEREBY AUTHORIZED AND EMPOWERED TO ADOPT AND AMEND LOCAL LAWS IN ACCORDANCE WITH THIS SECTION IMPOSING AN ADDITIONAL TAX ON CERTAIN RESIDENTIAL PROPERTIES AND DWELLING UNITS. 2. DEFINITIONS. AS USED IN THIS SECTION: (A) "ASSESSED VALUE" MEANS THE DETERMINATION MADE BY THE ASSESSORS OF A CITY HAVING A POPULATION OF ONE MILLION OR MORE OF THE VALUATION OF REAL PROPERTY. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04076-09-0
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.