A 6050

  • New York Assembly Bill
  • 2021 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Relates to reductions of payments in lieu of taxes

Abstract

Relates to reductions of payments in lieu of taxes; provides that where such payment agreement is to be reduced due to a reassessment of the parcel of real property such agreement is related to, such reduction shall be phased in over 10 years if the reduction would negatively affect the revenues of a local government by more than 5%.

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Jan 05, 2022

Assembly

REFERRED TO REAL PROPERTY TAXATION

Mar 05, 2021

Assembly

REFERRED TO REAL PROPERTY TAXATION

Bill Text

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