Increasing Tax Credits (S.8219/A.11510)

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Committee on Rules, S.8219, and Committee on Rules, A.11510, "AN ACT to amend the general city law, chapter 772 of the laws of 1966, relating to enabling any city having a population of one million or more to raise tax revenue, the administrative code of the city of New York and the real property tax law, in relation to increasing tax credits authorized under the relocation and employment assistance program in certain areas of cities having a population of one million or more, to amend the real property tax law, in relation to modifying the criteria for eligibility for real property tax exemptions and abatements for industrial and commercial properties in certain areas of cities having a population on one million or more and in relation to expanding a real property tax abatement program for certain commercial properties in cities having a population of one million or more by providing an abatement to industrial properties in certain areas of such cities and by extending the eligibility period and benefit period in such areas and the exemption from taxation of certain multiple dwellings".