New York bills · 2025 Regular Session
New York A 10860
Relates to payments in lieu of taxes
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- John T. McDonald III (Democratic)
Cosponsors (7)
- Gabriella Romero (Democratic/Working Families)
- MaryJane Shimsky (Democratic/Working Families)
- Tommy Schiavoni (Democratic/Working Families)
- Charles Lavine (Democratic)
- Stephen Hawley (Republican)
- Philip Palmesano (Republican)
- Judy Griffin (Democratic)
Summary
Official abstract published by the New York legislature
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.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- May 18, 2026 · House
REPORTED REFERRED TO WAYS AND MEANS - Apr 8, 2026 · House
REFERRED TO LOCAL GOVERNMENTS