Bill
Bill > S03034
NY S03034
NY S03034Repeals provisions of law granting real property tax exemptions to certain entities including certain professional major league sports organizations.
summary
Introduced
02/01/2019
02/01/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
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: 1
AI Summary
This bill repeals section 429 of the Real Property Tax Law, which currently grants real property tax exemptions to certain entities, including professional major league sports organizations. The bill aims to eliminate these tax exemptions, making it the responsibility of the property owner, rather than the tenant, to pay any taxes or charges imposed by a taxing authority. The bill is intended to address public policy concerns regarding the imposition of such tax obligations on entities other than the property owner.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO LOCAL GOVERNMENT (on 01/08/2020)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S03034&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 02/02/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03034&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03034 | 02/02/2019 |
Loading...