Int 1472-2017
Exempting certain grocery stores from the commercial rent tax.
IntroductionFiledCommittee on Financeintroduced 2017-02-15
Filed — closed without being enacted.
Official record · Legistar
Agenda: 2017-02-15Passed: 2017-12-31
Summary
This bill would require the Department of Finance to exempt grocery stores from the commercial rent tax if they meet certain floor space and affordability requirements. The purpose of this bill is to help prevent affordable grocery stores from closing due to the increased cost of commercial rents. It also promotes healthier grocery store retail practices by requiring that a minimum of 500 square feet of floor space be devoted exclusively to the sale of fresh produce.
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
44% of similar bills passed
22 passed · 28 died
This bill: 319 days in committee
Similar bills: median 442 days · 31 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 0133-2024
Exempting certain grocery stores from the commercial rent tax.
671dFiled
Int 0464-2022
Exempting certain grocery stores from the commercial rent tax.
576dFiled
Int 1779-2019
Exempting certain grocery stores from the commercial rent tax.
792dFiled
Int 0863-2001
Commercial Rent or occupancy tax, increasing exemptions from such tax.
9dEnacted
Int 0941-2001
Increase credit allowed under the commercial rent or occupancy tax.
11dEnacted
Int 0543-1999
Commercial Rent or Occupancy Tax
978dFiled
+ 44 more comparable bills
Sponsors (22)
Lifecycle
HeardHearing on P-C Item by Comm
2017-02-13 · Committee on Finance
HeldP-C Item Laid Over by Comm
2017-02-13 · Committee on Finance
IntroducedIntroduced by Council
2017-02-15 · City Council
ActionReferred to Comm by Council
2017-02-15 · City Council
ClosedFiled (End of Session)
2017-12-31 · City Council
Heard at (3)
City Council · 2017-02-15 · 1:30 PM · Council Chambers - City Hall
Committee on Finance · 2017-02-13 · 1:00 PM · Committee Room - City Hall
Committee on Finance · 2017-02-09 · 1:00 PM · Committee Room - City Hall
Attachments (6)
- Summary of Int. No. 1472
- Int. No. 1472
- Committee Report 2/13/17
- Hearing Testimony 2/13/17
- Hearing Transcript 2/13/17
- February 15, 2017 - Stated Meeting Agenda with Links to Files
Full text
Be it enacted by the Council as follows:
Section 1. Section 11-704 of the administrative code of the city of New York is amended by adding a new subdivision j to read as follows:
j. Grocery stores. 1. A tenant that is a grocery store and has obtained the certification required by paragraph 2 of this subdivision is exempt from the tax imposed by this chapter.
2. The commissioner of finance or a designee shall approve for certification any grocery store that receives less than 50 percent of its store sales from pharmacy sales, and that:
(a) Exceeds 3,500 square feet of retail floor space, excluding any storage space, loading dock, food preparation and serving space, and eating area designated for the consumption of prepared food, and that apportions such retail floor space in the following manner: (i) 50 percent or more is utilized for the sale of a general line of food products intended for home preparation, consumption and utilization; (ii) 30 percent or more is utilized for the sale of perishable goods including dairy, fresh produce, frozen foods and fresh meats; and (iii) 500 square feet or more is utilized exclusively for the sale of fresh produce;
(b) Satisfies affordability requirements, as determined by the commissioner of finance in consultation with the commissioner of health and mental hygiene, for such general line of food products as set out in subparagraph (a) of this paragraph; and
(c) Accepts payment from customers using the supplemental nutrition assistance program, special supplemental nutrition program for women, infants and children, or any successor programs.
3. The commissioner of finance shall inspect grocery stores that are exempt from the tax imposed by this chapter pursuant to paragraph 1 of this subdivision annually to ensure continued compliance with paragraph 2 of this subdivision.
4. The commissioner of finance shall promulgate rules, as necessary, in relation to the requirements set out in paragraph 2 of this subdivision.
� 2. This local law takes effect 120 days after it becomes law, except that the commissioner of finance may take measures necessary for the implementation of this local law, including the promulgation of rules, before such date.
BAM
LS 7925
2/2/17
2
5