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A 6770 - Expands the Applicability of the Residential Redevelopment Inhibited Property Exemption to all Cities, Towns, or Villages in the State - New York Key Vote

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Title: Expands the Applicability of the Residential Redevelopment Inhibited Property Exemption to all Cities, Towns, or Villages in the State

Signed by Governor Kathy Hochul


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Title: Expands the Applicability of the Residential Redevelopment Inhibited Property Exemption to all Cities, Towns, or Villages in the State

Vote Smart's Synopsis:

Vote to pass bill that expands the applicability of the residential redevelopment inhibited property exemption to all cities, town, or villages in New York.

Highlights:

  • Defines redevelopment-inhibited property as a residential property and land that has been neglected or abandoned because of local economic conditions (Sec. 1).

  • Authorizes cities or towns to exempt real property from taxation as stated in local law (Sec. 1)

  • Specifies that the redevelopment inhibited property will be exempted from taxation (Sec. 1)

  • Specifies that owners filing for exemption (Sec. 1).

Full Bill Text

Title: Expands the Applicability of the Residential Redevelopment Inhibited Property Exemption to all Cities, Towns, or Villages in the State

Title: Expands the Applicability of the Residential Redevelopment Inhibited Property Exemption to all Cities, Towns, or Villages in the State

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