BILL NUMBER: S458
SPONSOR: PALUMBO
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to the real prop-
erty tax exemption for industrial development agencies
 
PURPOSE:
To cease the real property tax exemptions covering fire and emergency
services granted to Industrial Development Agency projects in Suffolk
County.
 
SUMMARY OF PROVISIONS:
This bill would amend section 412(a) of the Real Property Tax Law by
requiring Industrial Development Agency projects in Suffolk County to be
subject to Fire District and Ambulance District taxes.
 
JUSTIFICATION:
When a project is being built by an IDA, the need for emergency services
is immediate. The districts providing fire and ambulance services typi-
cally comprise only a portion of a town so the impact and burden to
provide these services falls on fewer taxpayers although the economic
benefits enrich the entire town or county. Also, projects which include
industrial, and business development often require the fire districts
and ambulance services to purchase additional equipment and conduct
costly specialized training to cope with the needs of these new facili-
ties.
 
LEGISLATIVE HISTORY:
2024 S.4806/A.2424; 2022 S.5748/A.6804; 2019-2020 S.
3323/A.5787;2017-18 S.2757/A.6182; 2015-16 S.5202A/A.7538A; 2013-14
S.3522; 2011-12 S.3715/A.5817; 2009-10 S.1559/A.9820; 2007-08,
S.7302/A.10407.
 
FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
Immediately.

Statutes affected:
S458: 412-a real property tax law, 412-a(1) real property tax law