New York A03774 amends the real property tax law to tax state-owned lands with correctional facilities, excluding state-erected improvements.
New York A03774 amends the real property tax law by adding a new paragraph to section 536. It specifies that all lands owned by the state, excluding improvements made by the state, on which a correctional facility is located, are subject to taxation. This change will apply to assessment rolls prepared on or after a certain date, which will be specified when the bill becomes law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.