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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A8009
- Ordered to third reading cal.1556
- Committee discharged and committed to rules
- Referred to local government
- Referred to local government
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.
Relates to certification standards for green buildings
Signed by Governor · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5777
Title of bill
An act to amend the real property tax law, in relation to certification standards for green buildings
Purpose
To clarify Real Property Tax Law section 470 as added by chapter 188 of the laws of 2012.
Summary of provisions
Subdivision 1 of section 470 of the real property tax act is amended to clarify that the standards of construction necessary for a green building to obtain tax exemption may be LEED, green globes rating system, the national green building standards as approved by ANSI or any substantially equivalent standards for certification.
Subdivision 2 is amended to clarify that the required certification may be determined by an accredited professional.
Justification
The original legislation creating this exemption has been the subject of interpretation. This bill clarifies that the multiple certifications set forth is the bill are acceptable as a basis for the exemption and an accredited professional in any of those standards may make the determination whether the property has met the required standard.
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.