New York A03550 requires the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility.

New York A03550 amends the real property tax law to require the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility. This applies to all lands owned by the state that were previously used as the facility, including improvements erected by the state. The requirement takes effect once correctional operations have ceased at the facility. If the land is sold to a non-governmental entity, the new owner will be responsible for the taxes.

New York A03550 requires the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility.

New York A03550 amends the real property tax law to require the state to pay all real property taxes on the assessed value of the Moriah shock incarceration correctional facility. This applies to all lands owned by the state that were previously used as the facility, including improvements erected by the state. The requirement takes effect once correctional operations have ceased at the facility. If the land is sold to a non-governmental entity, the new owner will be responsible for the taxes.