Bill Commons

NY S 3245

in committee

Relates to payments in lieu of taxes

New York · 2025-2026 Regular Session · upper

Description

Relates to payments in lieu of taxes; provides that the tax base growth factor or quantity change factor includes the change in assessed value for each property on the exempt side of the tax rolls under a payment in lieu of tax agreement; allows a local government or school district to elect to include the equivalent taxable value of property subject to a payment in lieu of taxes agreement in the calculation of its quantity change factor.

Introduced
Status date
Latest action
2026-03-23 — PRINT NUMBER 3245A
Bill type
bill
Last updated

Sponsors

  • Jeremy Cooneyprimary
  • Pete Harckhamcosponsor
  • Jack M. Martinscosponsor
  • Rachel Maycosponsor
  • Thomas F. O'Maracosponsor
  • Steve Rhoadscosponsor
  • Lea Webbcosponsor
  • Alexis Weikcosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-01-24

    REFERRED TO LOCAL GOVERNMENT

    referral-committee

  2. 2026-01-07

    REFERRED TO LOCAL GOVERNMENT

    referral-committee

  3. 2026-03-23

    AMEND AND RECOMMIT TO LOCAL GOVERNMENT

    amendment-passage,referral-committee

  4. 2026-03-23

    PRINT NUMBER 3245A

    amendment-passage

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

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