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S6423Senate2015-2016 SessionSame asA9195

Relates to authorizing a residential redevelopment inhibited property exemption in certain cities

Sponsor Michael H. RanzenhoferSD-61Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Why it matters

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Who cares

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Sponsors

Primary sponsor
Michael H. Ranzenhofer

Senator · Senate District 61

Chair, Corporations, Authorities And Commissions

No co-sponsors yet.

History

  1. Signed chap.28
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.18
  6. Substituted for A9195
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 59–0
  10. Amended on third reading 6423a
  11. Ordered to third reading cal.34
  12. Referred to rules

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.

A9195Assembly

Relates to authorizing a residential redevelopment inhibited property exemption in certain cities

Assembly Floor Calendar · Sponsor Stephen Hawley

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 authorizing a residential redevelopment inhibited property exemption in certain cities

Purpose

To provide a technical amendment in relation to chapter 406 of tie laws of 2015.

Summary of provisions

Section 1 provides for a technical amendment of ch.406/ 2015 to ensure that this legislation accomplishes its intended goal of creating a real property tax exemption to bolster residential redevelopment.

Justification

This bill represents a technical amendment, as agreed upon by the Legislature and Executive, that allowed for the signing of chapter 406 into law. Such agreement was memorialized at th time of signing in Approval Memorandum 2 of 2015.

Legislative history

New bill.

Fiscal implications

None.

Effective date

This act shall take effect on the same date and in the same manner as a chapter of the laws of 2015, amending the real property tax law relating to authorizing a residential redevelopment inhibited property exemption in certain cities, as proposed in legislative bills numbers S.5196-A and A.7570-A, takes effect.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.