Bill

Bill > A09209


NY A09209

NY A09209
Repeals provisions granting real property tax exemption to certain entities.


summary

Introduced
02/09/2022
In Committee
02/09/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 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

AI Summary

This bill repeals Section 429 of the Real Property Tax Law, which currently grants a real property tax exemption to certain entities that use property for professional major league sports. The bill also declares that any provision in a lease, agreement, or other written instrument that requires any taxes or charges imposed by a taxing authority to be the obligation of a person or entity other than the property owner shall be deemed void as against public policy.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

referred to real property taxation (on 02/09/2022)

bill text


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