Int 1119-2016
Tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.
IntroductionEnactedCommittee on Housing and Buildingsintroduced 2016-03-09Local Law 2016/061
Enacted as Local Law 2016/061.
Official record · Legistar
Agenda: 2016-03-09Passed: 2016-05-10Enacted: 2016-05-10
Summary
This local law would extend the 488-A program through December 31, 2019.
Committee on Housing and Buildings — Department of Housing Preservation and Development, Department of Buildings and rent regulation.
How it compares
58% of similar bills passed
29 passed · 21 died
This bill: 39 days in committee
Similar bills: median 237 days · 104 days when passed
Compared against 50 Introduction bills in Committee on Housing and Buildings.
Ranked by how closely each matches this bill's topic — closest first:
Int 0283-2002
Tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.
125dEnacted
Int 0525-2007
Tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.
259dEnacted
Int 0460-1998
Tax Abatement, Certain Rehabilitated Buildings
393dEnacted
Int 1118-2016
Exemption from taxation of alterations and improvements to multiple dwellings.
39dEnacted
Int 0883-2008
J-51 tax abatement and exemption program.
386dFiled
Int 0472-2006
Benefits pursuant to section 421-a of the real property tax law.
1142dFiled
+ 44 more comparable bills
Sponsors (7)
Lifecycle
IntroducedIntroduced by Council
2016-03-09 · City Council
ActionReferred to Comm by Council
2016-03-09 · City Council
HeardHearing Held by Committee
2016-03-31 · Committee on Housing and Buildings
HeldLaid Over by Committee
2016-03-31 · Committee on Housing and Buildings
HeardHearing Held by Committee
2016-04-18 · Committee on Housing and Buildings
AdvancedApproved by Committee
2016-04-18 · Committee on Housing and Buildings
AdvancedApproved by Council
2016-04-20 · City Council
ActionSent to Mayor by Council
2016-04-20 · City Council
HeardHearing Held by Mayor
2016-05-10 · Mayor
AdvancedSigned Into Law by Mayor
2016-05-10 · Mayor
ActionRecved from Mayor by Council
2016-05-10 · City Council
Votes (11)
Aye (11)
Robert E. Cornegy, Jr.Barry S. GrodenchikRosie MendezRitchie J. TorresJumaane D. WilliamsMark LevineHelen K. RosenthalEric A. UlrichRafael Salamanca, Jr.Rafael L. Espinal, Jr.Ydanis A. Rodriguez
Heard at (4)
City Council · 2016-04-20 · 1:30 PM · Council Chambers - City Hall
Committee on Housing and Buildings · 2016-04-18 · 10:00 AM · 250 Broadway - Committee Rm, 14th Fl.
Committee on Housing and Buildings · 2016-03-31 · 10:30 AM · Council Chambers - City Hall
City Council · 2016-03-09 · 12:00 PM · Council Chambers - City Hall
Attachments (14)
- Legislative History Report
- Summary of Int. No. 1119
- March 9, 2016 - Stated Meeting Agenda with Links to Files
- Committee Report 3/31/16
- Hearing Testimony 3/31/16
- Hearing Transcript 3/31/16
- Committee Report 4/18/16
- Hearing Transcript 4/18/16
- April 20, 2016 - Stated Meeting Agenda with Links to Files
- Fiscal Impact Statement
- Mayor's Letter
- Hearing Transcript - Stated Meeting 4-20-16
- Minutes of the Stated Meeting - April 20, 2016
- Local Law 61
Full text
Be it enacted by the Council as follows:
Section 1. Paragraph (i) of subdivision b of section 11-244 of the administrative code of the city of New York, as amended by local law number 56 for the year 2007, is amended to read as follows:
(i) the eligible improvements are commenced after July first, nineteen hundred eighty, and prior to December thirty-first, two thousand [eleven] nineteen, and are completed within thirty-six months from commencement;
� 2. This local law takes effect immediately.