What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Referred to local government
- Referred to local government
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the real property tax law, in relation to exemptions provided for utilizing local labor sources in Orange county
Purpose
This bill conditions the receipt of certain real property tax exemptions on the use of local labor sources for construction, alteration, installation or improvement.
Summary of provisions
Subdivision 7 of section 485-b of the Real Property Tax Law, as amended by chapter 305 of the laws of 1994, is amended.
Justification
As a matter of public policy, counties, cities, towns, villages and non-city school districts are permitted to offer real property tax incentives for the construction, alteration or improvement of eligible commercial property. However, these entities are not currently authorized to condition the receipt of that exemption upon the use of a local labor source in Orange County. This legislation provides such authorization.
Legislative history
2007/2008 S.5174A/Referred to Local Government 2006 S.8199/Referred to Rules
FISCAL IMPLICATIONS ; None to the State.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.