NY Pub Auth L § 2799-QQQ (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 34 - Syracuse Regional Airport Authority 2799-QQQ - Exemption From Taxes, Assessments and Certain Fees.

§ 2799-qqq. Exemption from taxes, assessments and certain fees. 1. The   authority,  notwithstanding the provisions of the real property tax law,   any other  general,  special,  or  local  law,  or  ordinance,  rule  or   regulation  to  the  contrary,  with  respect  to  the airport, aviation   facilities, pollution control facilities, any  real  property,  and  any   facility  shall be exempt from taxation and shall not be required to pay   any fees, taxes, special  ad  valorem  levies  or  special  assessments,   whether  state  or  local,  including  but  not  limited to fees, taxes,   special ad valorem levies or assessments  on  real  property,  franchise   taxes,  sales  taxes  or  other excise taxes, upon the airport, aviation   facilities, pollution control facilities, any facility or  any  property   owned or leased by it or under its jurisdiction, control or supervision,   or  upon  the  uses thereof, or upon its activities in the operation and   maintenance of its facilities  or  any  fares,  tolls,  rentals,  rates,   charges,  fees,  revenues  or  other  income  received by the authority.   Notwithstanding the  previous  sentence;  (1)  the  authority  shall  be   required  to pay (a) only those special ad valorem levies or assessments   payable by the city immediately prior to the effective date of this  act   and  (b)  scheduled  payments  in  lieu  of taxes payable by the city to   school districts and to towns pursuant to  PILOT  agreements  in  effect   immediately prior to the effective date of this act; and (2) tax parcels   not  owned by the city and not tax exempt prior to the effective date of   this act shall not become tax exempt upon the  effective  date  of  this   act.  Tax  parcels acquired by the authority subsequent to the effective   date of this act shall be exempt from  taxes,  assessments,  special  ad   valorem levies, and special assessments fees as provided herein, subject   to  the  obligation  to  make  payments  in  lieu of taxes to the extent   provided  in  subdivision  three   of   section   twenty-seven   hundred   ninety-nine-uuu  of  this  title.  The  authority,  notwithstanding  the   provisions  of  any  general,  special,  or  local  law,  or  ordinance,   resolution,  rule,  or  regulation  to the contrary, with respect to the   airport,  aviation  facilities,  pollution  control   facilities,   real   property,  and other facilities used for public aviation purposes or for   airport development or to support or in  connection  with  the  airport,   aviation  facilities,  pollution  control  facilities,  real property or   other facilities, shall at all times be exempt from any filing, mortgage   recording or transfer fees or taxes in relation  to  instruments  filed,   recorded  or  transferred  by them or on their behalf. The construction,   use, occupation or possession of any property owned  by  the  authority,   including  improvements  thereon,  by  any  person or public corporation   under a lease, lease and sublease  or  any  other  agreement  shall  not   operate  to  abrogate  or limit the foregoing exemption, notwithstanding   that the lessee, user, occupant or  person  in  possession  shall  claim   ownership for federal income tax purposes.2.  Any  bonds  issued pursuant to this title together with the income   therefrom as well as the property of the authority shall at all times be   exempt from taxes, except for  transfer  and  estate  taxes.  The  state   hereby covenants with the purchasers and with all subsequent holders and   transferees  of bonds issued by the authority pursuant to this title, in   consideration of the acceptance of and payment for the bonds,  that  the   bonds  of  the  authority  issued  pursuant to this title and the income   therefrom and all revenues, moneys, and other property pledged to secure   the payment of such bonds shall at all  times  be  free  from  taxation,   except for transfer and estate taxes.