Exemption Administration Manual, Part 1: Municipal Governments—Section 4.03 - McK U Con L Section 7400: NYC Health and Hospitals Corporation
Assessor Manuals
Section 4.03 - McK U Con L Section 7400: NYC Health and Hospitals Corporation
Exemption Code(s):
13950
Year Originally Enacted:
1969
Related Statutes:
HHC (Ch. 1016, L. 1969)
Summary:
Real property owned by the NYC Health and Hospitals Corporation or under its jurisdiction, control or supervision is wholly exempt from taxation, but liable for special assessments.
Eligibility requirements
Ownership requirements:
Property must be owned by the NYC Health and Hospitals Corporation or under its jurisdiction, control or supervision.
Property location requirements:
Property must be located in New York City.
Property use requirements:
None.
Certification by state or local government:
None required.
Required construction start date or other time requirement:
None.
Local option
No.
Limitation on exemption
| General municipal taxes | School district taxes | Special ad valorem levies | Special assessments | ||
|---|---|---|---|---|---|
| 1. Amount | No limit | No limit | NA | No exemption allowed | |
| 2. Duration | No limit | No limit | NA | No exemption allowed | |
| 3. Taxing Jurisdiction | a. City | Ex | NA | NA | Tax |
| b. School District | NA | Ex | NA | NA | |
| Ex-Exempt Tax-Taxable NA-Not Applicable | |||||
Payments in lieu of taxes
None required.
Calculation of exemption
General municipal and school district taxes:
100% of assessed value.
Special ad valorem levies and special assessments:
No exemption allowed.
Coding of exemption on assessment roll
| Code | Description of alternative codes possible |
|---|---|
| 13950 |
Assessment roll section(s):
Exempt.
Note: This code should not be used to identify (1) property owned by New York State and exempt under RPTL §404(1), (2) property owned by a municipality and exempt under any of the subsections of RPTL §406, or (3) property that is exempt under any of the statutes listed under Similar Exemptions below. For coding of such property, see the Exemption Profile for the statute that applies.
Filing requirements (owner or occupant of property)
None.
Reporting requirements (assessor)
None.
Similar exemptions
| Subject | Statute |
|---|---|
| Facilities Development Corporation | McK U Con L §4413 |
| Housing Finance Agency, NYS | PHFL §53 |
| Medical Care Facilities Finance Agency, NYS | McK U Con L §7421 |
| Municipal corporations | RPTL §406(1) |
| Public authorities | RPTL §412 & Pub Auth L |
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