A 3774: Relates to taxation of state correctional facility properties for schools.

  
  STATE OF NEW YORK ________________________________________________________________________ 3774 2025-2026 Regular Sessions  IN ASSEMBLY January 30, 2025 ___________ Introduced by M. of A. WILLIAMS -- read once and referred to the Commit- tee on Real Property Taxation AN ACT to amend the real property tax law, in relation to taxation of state correctional facility properties for schools The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 536 of the real property tax law 2 is amended by adding a new paragraph (h) to read as follows: 3 (h) All lands owned by the state, exclusive of the improvements 4 erected thereon by the state, on which a correctional facility is 5 located. 6 § 2. This act shall take effect on the first of January next succeed- 7 ing the date on which it shall have become a law and shall apply to 8 assessment rolls prepared on the basis of taxable status dates occurring 9 on or after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06364-01-5