Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2024 |
referred to local government |
Senate Bill S7995
2023-2024 Legislative Session
Sponsored By
(D) 26th Senate District
Current 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
2023-S7995 (ACTIVE) - Details
- Current Committee:
- Senate Local Government
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §§718 & 706, RPT L
2023-S7995 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7995 SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the real property tax law, in relation to requiring the disclosure of income and expense statements upon a petition for an arti- cle 7 proceeding and imposes staggered dates for submissions of appraisal reports PURPOSE OR GENERAL IDEA OF BILL: This bill would expedite article 7 proceeding by reducing the time peri- od in which tax assessment cases must begin, create a staggered appraisal submissions and ensure timely disclosure of income and expense statements. SUMMARY OF PROVISIONS: Section one of the bill amends the section 718 of the real property tax law as it relates to reducing the time in which article 7 proceedings are deemed abandoned from four to two years. It would also establish
2023-S7995 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7995 I N S E N A T E January 4, 2024 ___________ Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to requiring the disclosure of income and expense statements upon a petition for an article 7 proceeding and imposes staggered dates for submissions of appraisal reports THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1 and 2 of section 718 of the real property tax law, subdivision 1 as amended by chapter 186 of the laws of 2002, and subdivision 2 as added by chapter 693 of the laws of 1995, para- graphs (a) and (b) of subdivision 2 as amended by chapter 503 of the laws of 1996, are amended to read as follows: 1. Where a proceeding is commenced pursuant to this article to review the assessment of a parcel of real property which contains one, two or three family dwelling residential real property, including such dwell- ings used in part for nonresidential purposes, but which are used prima- rily for residential purposes, and farm dwellings, or a parcel of real property which contains residential real property consisting of more than three dwelling units held in condominium form of ownership, or a parcel of real property which contains land used in agricultural production which is eligible for an agricultural assessment pursuant to section three hundred five or three hundred six of the agriculture and markets law, where the owner of such land has filed an annual applica- tion for an agricultural assessment, and farm buildings and structures thereon, as defined in subdivision two of section four hundred eighty- three of this chapter, or any parcel of real property located in a city with a population of one million or more, unless a note of issue is filed and the proceeding is placed on the court calendar within [four] TWO years from the last date provided by law for the commencement of the proceeding, the proceeding thereon shall be deemed to have been aban- doned and an order dismissing the petition shall be entered without notice and such order shall constitute a final adjudication of all issues raised in the proceeding, except where the parties otherwise EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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