S 1914 New York Senate · 2019 Regular Session

Relates to reductions of payments in lieu of taxes

Summary
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%.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2019 Last action Jan 8, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
4
Jan 8, 2020
Committee
REFERRED TO LOCAL GOVERNMENT
upper
Jun 20, 2019
Committee
COMMITTED TO RULES
upper
Feb 4, 2019
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Jan 17, 2019
Committee
REFERRED TO LOCAL GOVERNMENT
upper
0 primary · 0 co-sponsors

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