Bill

Bill > A07573


NY A07573

NY A07573
Requires the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility.


summary

Introduced
05/25/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to requiring the state pay real property taxes on the assessed value of the Moriah shock incarceration correctional facility

AI Summary

This bill amends the Real Property Tax Law to require the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility, beginning once correctional operations have ceased at the facility. The bill further states that if the land is conveyed to a non-governmental not-for-profit entity, that entity must enter into a payment in lieu of taxes agreement with Essex County and the Town of Moriah. The bill will take effect on the first of April following the date it becomes law.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to real property taxation (on 01/03/2024)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...