Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 11, 2020 |
print number 44b |
Sep 11, 2020 |
amend and recommit to cities |
Aug 05, 2020 |
print number 44a |
Aug 05, 2020 |
amend and recommit to cities |
Jan 08, 2020 |
referred to cities |
Jan 09, 2019 |
referred to cities |
Senate Bill S44B
2019-2020 Legislative Session
Sponsored By
(D, WF) 47th Senate District
Archive: Last Bill Status - In Senate Committee Cities 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
(D) 36th Senate District
(D) Senate District
(D, WF) Senate District
(D) Senate District
2019-S44 - Details
- See Assembly Version of this Bill:
- A4540
- Current Committee:
- Senate Cities
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
S7941, A10192
2015-2016: S1053, A1641
2017-2018: S69, A3837
2021-2022: S4199, A5736
2023-2024: A1814
2019-S44 - Sponsor Memo
BILL NUMBER: S44 SPONSOR: HOYLMAN TITLE OF BILL: 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 PURPOSE OF BILL: The purpose of this legislation is to allow New York City to administer an additional graduated property tax on certain non-primary residences within the city with a market value of $5 million or more. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends the Real Property Tax Law by adding a new section 307-b, authorizing the City of New York to enact a local law imposing an additional property tax on certain non-primary residences with a market value of $5 million or more.
2019-S44 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 44 2019-2020 Regular Sessions I N S E N A T E (PREFILED) January 9, 2019 ___________ Introduced by Sens. HOYLMAN, KENNEDY, KRUEGER -- read twice and ordered printed, and when printed to be committed to the Committee on Cities 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: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
co-Sponsors
(D) 36th Senate District
(D) Senate District
(D, WF) Senate District
(D) Senate District
2019-S44A - Details
- See Assembly Version of this Bill:
- A4540
- Current Committee:
- Senate Cities
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
S7941, A10192
2015-2016: S1053, A1641
2017-2018: S69, A3837
2021-2022: S4199, A5736
2023-2024: A1814
2019-S44A - Sponsor Memo
BILL NUMBER: S44a SPONSOR: HOYLMAN TITLE OF BILL: 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 PURPOSE OF BILL: The purpose of this legislation is to allow New York City to administer an additional tax on certain high value non-primary residences within the city. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill amends the Real Property Tax Law by adding a new section 307-b, authorizing cities with a population of one million or more to enact a local law imposing an additional tax on certain non-pri- mary residences.
2019-S44A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 44--A 2019-2020 Regular Sessions I N S E N A T E (PREFILED) January 9, 2019 ___________ Introduced by Sens. HOYLMAN, BAILEY, BENJAMIN, BIAGGI, BROOKS, CARLUCCI, COMRIE, GAUGHRAN, GIANARIS, GOUNARDES, JACKSON, KAPLAN, KAVANAGH, KENNEDY, KRUEGER, LIU, MAY, METZGER, MYRIE, RAMOS, RIVERA, SALAZAR, SANDERS, SEPULVEDA, SERRANO, STAVISKY -- read twice and ordered print- ed, and when printed to be committed to the Committee on Cities -- recommitted to the Committee on Cities 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 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 SHARES OF STOCK IN SUCH CORPORATION AS DETERMINED BY ITS OR THEIR EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
(D) 36th Senate District
(D) Senate District
(D, WF) Senate District
(D) Senate District
2019-S44B (ACTIVE) - Details
- See Assembly Version of this Bill:
- A4540
- Current Committee:
- Senate Cities
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §307-b, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
S7941, A10192
2015-2016: S1053, A1641
2017-2018: S69, A3837
2021-2022: S4199, A5736
2023-2024: A1814
2019-S44B (ACTIVE) - Sponsor Memo
BILL NUMBER: S44B SPONSOR: HOYLMAN TITLE OF BILL: 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 PURPOSE OF BILL: The purpose of this legislation is to allow New York City to administer an additional tax on certain high value non-primary residences' within the city. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill amends the Real Property Tax Law by adding a new section 307-b, authorizing cities with a population of one million or more to enact a local law imposing an additional tax on certain non-pri- mary residences.
2019-S44B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 44--B 2019-2020 Regular Sessions I N S E N A T E (PREFILED) January 9, 2019 ___________ Introduced by Sens. HOYLMAN, BAILEY, BENJAMIN, BIAGGI, BROOKS, CARLUCCI, COMRIE, GAUGHRAN, GIANARIS, GOUNARDES, JACKSON, KAPLAN, KAVANAGH, KENNEDY, KRUEGER, LIU, MAY, METZGER, MYRIE, RAMOS, RIVERA, SALAZAR, SANDERS, SEPULVEDA, SERRANO, STAVISKY -- read twice and ordered print- ed, and when printed to be committed to the Committee on Cities -- recommitted to the Committee on Cities in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- 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
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.