New York S 4343: Relates to the compounding, dispensing and sale of pharmaceuticals

Bill Text

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S04343 Summary:

BILL NOS04343 

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SAME ASNo Same As

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SPONSORCOMRIE

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COSPNSR

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MLTSPNSR

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Amd §489-cccccc, RPT L

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Relates to extending certain filing deadlines for the industrial and commercial abatement program by authorizing the department of finance to accept certain applications for an additional three months.

Go to top S04343 Actions:

BILL NOS04343 

&nbsp

02/04/2025REFERRED TO CITIES 1

03/11/2025REPORTED AND COMMITTED TO FINANCE

01/07/2026REFERRED TO CITIES 1

Go to topS04343 Committee&nbspVotes:

Go to topS04343 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04343 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4343

 2025-2026 Regular Sessions

 IN SENATE

 February 4, 2025
 ___________

 Introduced by Sen. COMRIE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Cities 1

 AN ACT to amend the real property tax law, in relation to extending
 certain filing deadlines for the industrial and commercial abatement
 program

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subparagraph (ii) of paragraph (a) of subdivision 5 of
 2 section 489-cccccc of the real property tax law, as amended by chapter
 3 397 of the laws of 2017, is amended to read as follows:
 4 (ii) Final application. Applicants shall file a final application for
 5 benefits no later than one year from the date of issuance of the first
 6 building permit for construction work, or, where construction work does
 7 not require a building permit, no later than one year from the date of
 8 commencement of construction. Abatement benefits shall not be granted
 9 until the applicant files the final application. If the final applica-
 10 tion is not filed within such one year period, abatement benefits shall
 11 not be granted until such application is filed, and the department may
 12 delay the granting of such benefits, at the department's discretion, to
 13 investigate the reason for the late filing. The department shall accept
 14 applications from applicants who (A) after the effective date of local
 15 law number sixty-seven of the city of New York for the year two thousand
 16 eight, met the requirements of this title but failed to file a final
 17 application within the time frame required by this subparagraph and (B)
 18 file a final application no later than three months from the effective
 19 date of the chapter of the laws of two thousand twenty-five that amended
 20 this subparagraph.
 21 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05604-01-5

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