Assembly Bill A9673A

2023-2024 Legislative Session

Directs the department of taxation and finance to conduct a study on the implementation of local land value taxation

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Current 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

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Bill Amendments

2023-A9673 - Details

See Senate Version of this Bill:
S7871
Current Committee:
Assembly Ways And Means
Law Section:
Real Property Taxation

2023-A9673 - Summary

Directs the department of taxation and finance to establish a pilot program for implementation of local land value taxation based on classes of land; directs the department of taxation and finance to establish an application procedure for the pilot program.

2023-A9673 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9673
 
                           I N  A S S E M B L Y
 
                               April 3, 2024
                                ___________
 
 Introduced  by M. of A. BORES -- read once and referred to the Committee
   on Real Property Taxation
 
 AN ACT to direct the secretary of state to establish a pilot program for
   implementation of local land value taxation
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  1. The secretary of state shall establish a pilot program
 in up to five  municipalities  under  which  such  municipalities  shall
 develop  a plan for implementation of land value taxation that (a) clas-
 sifies real estate included in such municipality's  assessment  roll  as
 (i)  land or land exclusive of buildings, or (ii) buildings on land; and
 (b) establishes a different local property tax rate for each such class,
 provided the higher local property tax rate shall apply to land or  land
 exclusive of buildings.
   2. The secretary of state shall establish an application procedure and
 any  other  criteria for the pilot program established under subdivision
 one of this section, under which municipalities may apply to participate
 in such pilot program, and shall send a copy of such application  proce-
 dure and any other criteria to the temporary president of the senate and
 the  speaker  of  the  assembly.   If a municipality having a population
 greater than 50,000 applies for participation  in  such  pilot  program,
 such municipality shall designate a specific neighborhood or area within
 such  municipality  that would participate in such program, if selected.
 The secretary of state shall not select a municipality  for  such  pilot
 program  unless  the  legislative body of such municipality has approved
 such municipality's application for participation in such pilot program.
 The secretary of state shall send a notice of selection for  such  pilot
 program  to  the  chief executive officer of the municipality and to the
 temporary president of the senate and the speaker of the assembly.
   § 2. This act shall take effect immediately.
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13486-02-3

2023-A9673A (ACTIVE) - Details

See Senate Version of this Bill:
S7871
Current Committee:
Assembly Ways And Means
Law Section:
Real Property Taxation

2023-A9673A (ACTIVE) - Summary

Directs the department of taxation and finance to establish a pilot program for implementation of local land value taxation based on classes of land; directs the department of taxation and finance to establish an application procedure for the pilot program.

2023-A9673A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9673--A
 
                           I N  A S S E M B L Y
 
                               April 3, 2024
                                ___________
 
 Introduced  by M. of A. BORES -- read once and referred to the Committee
   on Real Property  Taxation  --  committee  discharged,  bill  amended,
   ordered reprinted as amended and recommitted to said committee
 
 AN  ACT  to direct the department of taxation and finance to establish a
   pilot program for implementation of local land value taxation

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. 1. The department of taxation and finance shall establish a
 pilot  program  in  up  to  five municipalities under which such munici-
 palities shall develop a plan for implementation of land value  taxation
 that  (a) classifies real estate included in such municipality's assess-
 ment roll as (i) land or land exclusive of buildings, or (ii)  buildings
 on  land;  and  (b)  establishes a different local property tax rate for
 each such class, provided the higher local property tax rate shall apply
 to land or land exclusive of buildings.
   2. The department of taxation and finance shall establish an  applica-
 tion  procedure and any other criteria for the pilot program established
 under subdivision one of this section, under  which  municipalities  may
 apply  to participate in such pilot program.  If a municipality having a
 population greater than 50,000 applies for participation in  such  pilot
 program,  such  municipality  shall designate a specific neighborhood or
 area within such municipality that would participate in such program, if
 selected.  The department of taxation and finance shall send a notice of
 selection for such pilot program to the chief executive officer  of  the
 municipality and to the temporary president of the senate and the speak-
 er of the assembly.
   3.  In  order to apply to participate in the pilot program established
 under subdivision one of this  section,  the  legislative  body  of  the
 applicable  municipality  shall  pass a local law, and a school district
 shall pass  a  resolution,  affirmatively  authorizing  the  application
 established under subdivision two of this section.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13486-03-4

2023-A9673B - Details

See Senate Version of this Bill:
S7871
Current Committee:
Assembly Ways And Means
Law Section:
Real Property Taxation

2023-A9673B - Summary

Directs the department of taxation and finance to establish a pilot program for implementation of local land value taxation based on classes of land; directs the department of taxation and finance to establish an application procedure for the pilot program.

2023-A9673B - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9673--B
 
                           I N  A S S E M B L Y
 
                               April 3, 2024
                                ___________
 
 Introduced  by M. of A. BORES -- read once and referred to the Committee
   on Real Property  Taxation  --  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 direct the department of taxation and finance to establish a
   pilot program for implementation of local land value taxation
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  1. The department of taxation and finance shall conduct a
 study to determine the positive and negative impacts associated with the
 implementation land value taxation as a method of  real  property  taxa-
 tion.  "Land value taxation" shall mean a method of assessing and taxing
 real property in a manner that (a) classifies real estate included in  a
 municipality's assessment roll as either:  (i) land or land exclusive of
 buildings,  or  (ii)  buildings on land; and (b) establishes a different
 local property tax rate for each such class, provided the  higher  local
 property  tax  rate  shall apply to land or land exclusive of buildings.
 Such study shall include, but not  be  limited  to,  recommendations  of
 municipalities  that could most benefit from land value taxation and how
 land value taxation might impact housing development across  the  state.
 The  department  of  taxation and finance shall provide a report on such
 study to the governor and legislature no later than one year after  this
 act becomes law.
   2.  The department of taxation and finance shall establish an applica-
 tion procedure and any other criteria for the pilot program  established
 under  subdivision  one  of this section, under which municipalities may
 apply to participate in such pilot program.  If a municipality having  a
 population  greater  than 50,000 applies for participation in such pilot
 program, such municipality shall designate a  specific  neighborhood  or
 area within such municipality that would participate in such program, if
 selected.  The department of taxation and finance shall send a notice of
 selection  for  such pilot program to the chief executive officer of the
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13486-05-4

2023-A9673C - Details

See Senate Version of this Bill:
S7871
Current Committee:
Assembly Ways And Means
Law Section:
Real Property Taxation

2023-A9673C - Summary

Directs the department of taxation and finance to establish a pilot program for implementation of local land value taxation based on classes of land; directs the department of taxation and finance to establish an application procedure for the pilot program.

2023-A9673C - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9673--C
 
                           I N  A S S E M B L Y
 
                               April 3, 2024
                                ___________
 
 Introduced  by M. of A. BORES -- read once and referred to the Committee
   on Real Property  Taxation  --  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 -- again reported from
   said committee with  amendments,  ordered  reprinted  as  amended  and
   recommitted to said committee
 
 AN  ACT  to  direct  the department of taxation and finance to conduct a
   study on the implementation of local land value taxation
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  department  of  taxation and finance shall conduct a
 study to determine the positive and negative impacts associated with the
 implementation of land value taxation as a method of real property taxa-
 tion. "Land value taxation" shall mean a method of assessing and  taxing
 real  property in a manner that (a) classifies real estate included in a
 municipality's assessment roll as either:  (i) land or land exclusive of
 buildings, or (ii) buildings on land; and (b)  establishes  a  different
 local  property  tax rate for each such class, provided the higher local
 property tax rate shall apply to land or land  exclusive  of  buildings.
 Such  study  shall  include,  but  not be limited to, recommendations of
 municipalities that could most benefit from land value taxation and  how
 land  value  taxation might impact housing development across the state.
 The department of taxation and finance shall provide a  report  on  such
 study  to the governor and legislature no later than one year after this
 act becomes law.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13486-07-4

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