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S7500Senate2011-2012 SessionSame asA10431

Authorizes the county of Albany to file an application for exemption from real property taxes for a certain parcel of land located in the city of Albany, county of Albany

Sponsor Neil D. BreslinSD-46Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Neil D. Breslin

Senator · Senate District 46

No co-sponsors yet.

History

  1. Signed chap.253
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.569
  6. Substituted for A10431
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 58–2
  10. Ordered to third reading cal.1419
  11. Committee discharged and committed to rules
  12. Referred to local government

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S7500

Title of bill

An act to authorize the county of Albany to file an application for exemption from real property taxes for a certain parcel of land located in the city of Albany, county of Albany

Purpose or general idea of bill

To authorize the county of Albany to exempt property it is purchasing in the city of Albany from real property taxes.

Summary of specific provisions

Section one of the bill authorizes the assessor of the city of Albany to accept an application from the county of Albany for exemption from real property taxes for the 2012 assessment roll for the property located at 30 Clinton Avenue in city of Albany. The assessor may grant such exemption from all taxation beginning with the date of acquisition of the property upon the approval of the common council of the city of Albany. Section two of the bill is the effective date.

Justification

Albany County is in the process of purchasing property at 30 Clinton Avenue in the City of Albany. However, the county will not close on the property until mid-July, well past the taxable status date of March 1st. This bill will authorize the assessor of the city of Albany, upon approval by the city of Albany common council, to accept an application for exemption from real property taxes for the 2012 assessment roll.

Prior legislative history

New bill.

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.