A9565 · 2023–2024
Establishes a tax on certain vacant land in the city of New York
In committee Ways And Means Committee
Authorizes New York City to tax certain vacant land (with exemptions) and creates a tax credit for certain renovations to rent-stabilized properties. (Auto-generated summary)
Official record
Official summary · NYS Open LegislationEstablishes a tax on certain vacant land in the city of New York; provides exemptions for certain vacant land; establishes a tax credit for certain renovations to certain rent-stabilized properties.
What it does: AN ACT to amend the tax law, in relation to requiring any city having a population of one million or more to impose and collect taxes on certain vacant land; and to amend the real property tax law, in relation to establishing a tax credit for certain renovations to rent-stabilized properties
Legislative history
- 2024-03-20Assembly: REFERRED TO WAYS AND MEANS