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Sponsors
8 Co-sponsors
History
- Referred to real property taxation
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Prohibits landlords convicted of housing violations from claiming exemptions, credits or itemized deductions for such property on state tax returns
In Senate Committee · Local Government · Sponsor John L. Sampson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A10501
Title of bill
An act to amend the real property tax law, in relation to prohibiting landlords convicted of housing violations from claiming exemptions, credits or itemized deductions related to such rental property on state tax returns
Purpose or general idea of bill
This bill would prohibit landlords from collecting incentives and tax credits on properties that violate housing codes
Summary of specific provisions
Section 1 - Amends section 496 of real property tax law to prohibit property owners convicted of two or more housing violations from claim- ing exceptions, credit or reductions related to such rental property until violations have been remediated.
Section 2 - Upon the conviction of a landlord for any housing violation, a form shall be provided by housing court or any court of competent jurisdiction to the property owner, this form shall be filed with each New York state tax return of such convicted landlord until such violations have been remediated and certified.
Justification
The present tax code continues to reward delinquent landlords with tax credits and subsidies, irrespective of whether they take any action to correct violations that their property has incurred. This bill addresses this incongruity by realigning tax incentives to protect citi- zens against substandard living conditions, while also continuing to reward landlords for lawful behavior.
Pursuant to this bill, any landlord convicted of a housing violation will be required to file a form with their New York State tax return that outlines their infraction and restricts them from receiving any housing tax credit. This prohibition will remain in place until the violations have been remediated and certified by a state entity.
Prior legislative history
2007-2008 - A.1727 05/28/08 - Held for Consideration in Real Property Taxation
Fiscal implications
To be determined.
Effective date
This act shall take effect on the one hundred eightieth day after it shall have become a law; provided, however, that effective immediately, the addition, amendment and/or repeal of any rule or regulation neces- sary for the implementation of this act on its effective date are
authorized and directed to be made and completed on or before such effective date.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.