Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to local government |
Jan 29, 2021 |
referred to local government |
Senate Bill S3413
2021-2022 Legislative Session
Sponsored By
(D) 10th Senate District
Archive: Last Bill Status - In Senate Committee Local Government 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
2021-S3413 (ACTIVE) - Details
- Current Committee:
- Senate Local Government
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Rpld §429, RPT L
- Versions Introduced in 2019-2020 Legislative Session:
-
S3034
2021-S3413 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3413 SPONSOR: SANDERS TITLE OF BILL: An act to repeal section 429 of the real property tax law relating to real property used for professional major league sports PURPOSE: To require payment of property taxes by the owners of Madison Square Garden. SUMMARY OF PROVISIONS: The bill repeals section 429 of the real property tax law, "real proper- ty used for professional major league sports, "to require that the owners of Madison Square Garden pay real property taxes. The Garden currently enjoys a curiously worded exemption from taxes, based on the fact that it meets the following criteria, which are applicable to no other property in New York:
2021-S3413 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3413 2021-2022 Regular Sessions I N S E N A T E January 29, 2021 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to repeal section 429 of the real property tax law relating to real property used for professional major league sports THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. The legislature hereby declares that any provision in a lease, agreement or any other written instrument requiring that any taxes or their equivalent, set forth in such instru- ment in the form of any charges of any kind whatsoever, imposed by any taxing authority, shall be made the obligation of any person, sole proprietorship, partnership, firm, corporation, limited liability compa- ny, association, franchise, team, or any other entity, other than the owner or owners of such property, shall be deemed void as against public policy. § 2. Section 429 of the real property tax law is REPEALED. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05270-01-1
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