S5218 (2023-24 session)

NY State bill

Encourages the preservation and viewing of historic properties by allowing an exemption from local real estate tax in cities of a million or more population, for improvements to historic real property and by requiring certain public access to such property; defines the term "historic real property" as a one, two or three family residence which is owner-occupied and designated by the appropriate agency as a historic landmark and such designation is maintained.

Title
Exempts improvement to historic property from taxation if certified and agreed by appropriate agency
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-01-03
In committee
Local Government
Introduced
2023-02-27
Law section
Real Property Tax Law

Sponsors

Sources