Public Authorities Law § 2064 · Title 14. Broome County Sports Center Authority
Exemptions from taxation
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
* § 2064. Exemptions from taxation. It is hereby found, determined and declared that the creation of the authority and the carrying out of its corporate purposes will alleviate juvenile delinquency, will improve the general health and welfare, will in all respects benefit the people of the state of New York, and constitutes a public purpose, and that the authority will be performing an essential governmental function in the exercise of the powers conferred upon it by this title, and the state of New York covenants with the holders of the bonds that the authority shall be required to pay no taxes or assessments upon any of the property acquired by it or under its jurisdiction, control, possession or supervision or upon its activities in the operation and maintenance of the project or any tolls, revenues or other income received by the authority and that the bonds of the authority and the income therefrom shall at all times be exempt from taxation, except for transfer and estate taxes.
* NB Authority dissolved September 1, 1977
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA2064
- Text hash
- sha256 6efe3e2a7c0d1d455b3467d8f13d9bb7d9a8717c588de258950df00889f4513a
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
- The Senate's note "Authority dissolved September 1, 1977" is printed with the text.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.