Assembly Bill A8368

2021-2022 Legislative Session

Authorizes taxing jurisdictions to opt not to assess late fees, interest or penalties on real property taxes owed by a small rental business negatively impacted by the COVID-19 pandemic

download bill text pdf

Sponsored By

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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2021-A8368 (ACTIVE) - Details

See Senate Version of this Bill:
S7390
Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Taxation

2021-A8368 (ACTIVE) - Summary

Authorizes taxing jurisdictions to opt not to assess late fees, interest or penalties on real property taxes owed by a small rental business negatively impacted by the COVID-19 pandemic.

2021-A8368 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8368
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             October 20, 2021
                                ___________
 
 Introduced  by  M.  of  A. SANTABARBARA -- read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to prohibit taxing jurisdictions from assessing late fees, inter-
   est or penalties on real property taxes owed by a small  rental  busi-
   ness negatively impacted by the COVID-19 pandemic

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any provision of law  to  the  contrary,  a
 taxing  jurisdiction  may opt not to assess any fees, including interest
 or penalties, for real property taxes owed on property owned by a  small
 rental business during the period commencing with the declaration of the
 state disaster emergency declared pursuant to Executive Order No. 202 of
 2020  through  August 31, 2022 where such small rental business has been
 negatively impacted by the COVID-19 pandemic.  For the purposes of  this
 act,  "small rental business" shall mean a person or business owning and
 operating five or fewer rental units.
   ยง 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13059-04-1

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.