Int 0189-1998
Tax Exemption, Industrial and Commercial Properties
IntroductionFiledCommittee on Financeintroduced 1998-02-26
Filed — closed without being enacted.
Official record · Legistar
Agenda: 1998-02-26Passed: 2001-12-31
Committee on Finance — Executive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.
How it compares
48% of similar bills passed
24 passed · 26 died
This bill: 1404 days in committee
Similar bills: median 204 days · 17 days when passed
Compared against 50 Introduction bills in Committee on Finance.
Ranked by how closely each matches this bill's topic — closest first:
Int 0863-2001
Commercial Rent or occupancy tax, increasing exemptions from such tax.
9dEnacted
Int 0543-1999
Commercial Rent or Occupancy Tax
978dFiled
Int 0057-1998
Tax Exemption, Historic Real Property
1439dFiled
Int 0941-2001
Increase credit allowed under the commercial rent or occupancy tax.
11dEnacted
Int 0861-2001
Assessment of Commerical Buildings
152dEnacted
Int 1779-2019
Exempting certain grocery stores from the commercial rent tax.
792dFiled
+ 44 more comparable bills
Sponsors (8)
Martin Malave-Dilan(prime)
Howard L. Lasher
Victor L. Robles
Alphonse Stabile
Lucy Cruz
Sheldon S. Leffler
Jerome X. O'Donovan
Annette M. Robinson
Lifecycle
IntroducedIntroduced by Council
1998-02-26 · City Council
ActionReferred to Comm by Council
1998-02-26 · City Council
ActionPrinted Item Laid on Desk
1998-03-17 · Legislative Documents Unit
ClosedFiled (End of Session)
2001-12-31 · City Council
Full text
Be it enacted by the Council as follows:
Section 1. Subdivision c of section 11-260 of the administrative code of the city of New York, is amended to read as follows:
c. Upon receipt of an application, the department of finance shall send written notice thereof to the council member representing the district where the proposed construction work is to take place. Upon a receipt of a final application, the department of finance shall send a copy of the final application to the council member representing the district where the proposed construction is to take place. The final application shall include the names and addresses of all parties with a substantial interest in the property and shall include the names and addresses of every entity engaged by any party with a substantial interest in the property to perform the commercial construction work, renovation construction work or industrial construction work which is the subject of the application. For purposes of this subdivision, "substantial interest" shall have the same meaning as used in paragraph 4 of subdivision e of section 11-259 of this part.
�2. This local law shall take effect immediately.