Temporary exemption from the payment of the commercial rent tax for certain businesses.
Introduced
Moved
Reached a final decision
Introduced Feb 8, 2024
Official status: Filed (End of Session)
Derived from the official record below.
Officially: “A Local Law in relation to a temporary exemption from the payment of the commercial rent tax for certain businesses” Read the full text
Finance
What it does
This bill would exempt all tenants who used their taxable premises primarily as a retail store providing goods or services, or as a food service establishment providing food or beverages for individual portion service directly to consumers, including restaurants, nightclubs and bars, from the Commercial Rent Tax for the tax period from June 1, 2022 to May 31, 2025.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Feb 8, 2024
Referred to Comm by Council · Feb 8, 2024
Filed (End of Session) · Dec 31, 2025
Official documents
Summary of Int. No. 64
officialInt. No. 64
officialFebruary 8, 2024 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 2-8-24
officialMinutes of the Stated Meeting - February 8, 2024
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
4
sponsors on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Filed (End of Session) (Dec 31, 2025).