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Exemption or Abatement? Structure of Proposed New 421-a Program Has Implications for All Property Tax Bills

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The New York City Independent Budget Office (IBO) is announcing the publication of our report Exemption vs Abatement. This report provides policymakers with insights into the tax liability implications of these two different ways of structuring any new 421-a replacement program.

Agency
Subject
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2024-03-26
Language
Calendar year
  • 2024
Required Report Name
  • Not Required