File #: Int 0460-1998    Version: * Name: Tax Abatement, Certain Rehabilitated Buildings
Type: Introduction Status: Enacted
Committee: Committee on Housing and Buildings
On agenda: 10/22/1998
Enactment date: 12/13/1999 Law number: 1999/073
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: Archie W. Spigner, Noach Dear, Pedro G. Espada, June M. Eisland, Sheldon S. Leffler
Council Member Sponsors: 5
Attachments: 1. Fiscal Impact Statement, 2. Committee Report
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/14/1999*Archie W. Spigner City Council Recved from Mayor by Council  Action details Meeting details Not available
12/13/1999*Archie W. Spigner Mayor Signed Into Law by Mayor  Action details Meeting details Not available
12/13/1999*Archie W. Spigner Mayor Hearing Held by Mayor  Action details Meeting details Not available
11/23/1999*Archie W. Spigner City Council Approved by CouncilPass Action details Meeting details Not available
11/23/1999*Archie W. Spigner City Council Sent to Mayor by Council  Action details Meeting details Not available
11/19/1999*Archie W. Spigner Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
11/19/1999*Archie W. Spigner Committee on Housing and Buildings Approved by CommitteePass Action details Meeting details Not available
11/12/1998*Archie W. Spigner Legislative Documents Unit Printed Item Laid on Desk  Action details Meeting details Not available
10/22/1998*Archie W. Spigner City Council Referred to Comm by Council  Action details Meeting details Not available
10/22/1998*Archie W. Spigner City Council Introduced by Council  Action details Meeting details Not available

Int. No. 460

 

By Council Members Spigner, Dear and Espada; also Council Members Eisland and Leffler

 

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 94 for the year 1995, is amended to read as follows:

(i) the eligible improvements are commenced after July first, nineteen hundred eighty, and prior to December thirty first, [nineteen hundred ninety-nine] two thousand two, and are completed within thirty-six months from commencement;

§2.                     This local law shall take effect immediately.

 

10/15/98

LS# 1090

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