File #: Int 0525-2007    Version: * Name: Tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.
Type: Introduction Status: Enacted
Committee: Committee on Housing and Buildings
On agenda: 2/28/2007
Enactment date: 12/5/2007 Law number: 2007/056
Title: A Local Law to amend the administrative code of the city of New York, in relation to tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.
Sponsors: Erik Martin Dilan, Vincent J. Gentile, Alan J. Gerson, Letitia James, Michael C. Nelson, Kendall Stewart, David I. Weprin, Thomas White, Jr., Betsy Gotbaum
Council Member Sponsors: 9
Attachments: 1. Committee Report 9/24/07, 2. Hearing Testimony 9/24/07, 3. Hearing Transcript 9/24/07, 4. Committee Report 11/15/07, 5. Hearing Transcript 11/15/07, 6. Committee Report 11/15/07 - Stated Meeting, 7. Press Release, 8. Fiscal Impact Statement, 9. Hearing Transcript - Stated Meeting 11/15/07, 10. Local Law
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/5/2007*Erik Martin Dilan City Council Recved from Mayor by Council  Action details Meeting details Not available
12/5/2007*Erik Martin Dilan Mayor Signed Into Law by Mayor  Action details Meeting details Not available
12/5/2007*Erik Martin Dilan Mayor Hearing Held by Mayor  Action details Meeting details Not available
11/15/2007*Erik Martin Dilan City Council Sent to Mayor by Council  Action details Meeting details Not available
11/15/2007*Erik Martin Dilan City Council Approved by CouncilPass Action details Meeting details Not available
11/15/2007*Erik Martin Dilan Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
11/15/2007*Erik Martin Dilan Committee on Housing and Buildings Approved by CommitteePass Action details Meeting details Not available
9/24/2007*Erik Martin Dilan Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
9/24/2007*Erik Martin Dilan Committee on Housing and Buildings Laid Over by Committee  Action details Meeting details Not available
2/28/2007*Erik Martin Dilan City Council Referred to Comm by Council  Action details Meeting details Not available
2/28/2007*Erik Martin Dilan City Council Introduced by Council  Action details Meeting details Not available

Int. No. 525

 

By Council Members Dilan,  Gentile, Gerson, James, Nelson, Stewart, Weprin, White Jr. and The Public Advocate (Ms. Gotbaum)

 

A Local Law to amend the administrative code of the city of New York, in relation to tax exemption and abatement for certain rehabilitated buildings as authorized by section 488-a of the real property tax law.

 

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 17 for the year 2003, 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 seven] two thousand eleven, and are completed within thirty-six months from commencement;

§2.  This local law shall take effect immediately.

 

 

 

 

LS# 2549

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