New York A03124 amends tax laws to exempt certain properties owned by cooperative corporations in specific towns from certain tax provisions.

New York A03124 amends the real property tax law and the real property law to modify the taxation of properties owned by cooperative corporations in the towns of Bolton, Horicon, Thurman, Queensbury, Lake George, and Warrensburg. The bill exempts these properties from certain tax provisions if the towns adopted local laws before the taxable status date of the assessment roll.

New York A03124 amends tax laws to exempt certain properties owned by cooperative corporations in specific towns from certain tax provisions.

New York A03124 amends the real property tax law and the real property law to modify the taxation of properties owned by cooperative corporations in the towns of Bolton, Horicon, Thurman, Queensbury, Lake George, and Warrensburg. The bill exempts these properties from certain tax provisions if the towns adopted local laws before the taxable status date of the assessment roll.