senate Bill S1098

Relates to prohibiting the increase in real property tax liability of veterans receiving an exemption

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 09 / Jan / 2013
    • REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS
  • 04 / Jun / 2013
    • REPORTED AND COMMITTED TO FINANCE
  • 08 / Jan / 2014
    • REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS

Summary

Prohibits the increase in real property tax liability of veterans receiving an exemption due to reassessment or revaluation.

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Bill Details

See Assembly Version of this Bill:
A820
Versions:
S1098
Legislative Cycle:
2013-2014
Current Committee:
Senate Veterans, Homeland Security And Military Affairs
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง458, RPT L
Versions Introduced in 2011-2012 Legislative Cycle:
S5100, S5100

Sponsor Memo

BILL NUMBER:S1098

TITLE OF BILL:
An act
to amend the real property tax law, in relation to prohibiting the
increase in real property tax liability of veterans receiving an
exemption

PURPOSE:
To ensure that Veterans who qualify for certain exemptions
from property tax, do not see unreasonable increases in their tax
liability in recognition of their service to our nation.

SUMMARY OF PROVISIONS:
Section 458 of the real property tax law is amended to add a new
subdivision 5-a, to ensure that the tax liability of a veteran who
qualifies for a property tax exemption, shall be frozen at its
current level.

STATEMENT IN SUPPORT:
This bill would provide a well deserved benefit to Veterans who
currently qualify for a property tax exemption. The purpose of this
legislation is to essentially freeze a qualified veterans tax
liability at its current level.
The bill will serve not only as a well deserved benefit to our heroic
veterans, but also as a tool to increase recruitment at a time when
our military is engaged in several conflicts around the globe.

LEGISLATIVE HISTORY:
S5100 of 2011-12; Referred to Veterans, Homeland Security & Military
Affairs

FISCAL IMPACT:
None to the State

EFFECTIVE DATE:
Immediately.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1098

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. MAZIARZ -- read twice and ordered printed, and when
  printed to be committed to the Committee on Veterans, Homeland Securi-
  ty and Military Affairs

AN ACT to amend the real property tax law, in  relation  to  prohibiting
  the  increase  in real property tax liability of veterans receiving an
  exemption

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  458  of  the real property tax law is amended by
adding a new subdivision 5-a to read as follows:
  5-A. NOTWITHSTANDING ANY GENERAL OR LOCAL LAW, RULE OR  REGULATION  TO
THE  CONTRARY, NO MUNICIPAL CORPORATION SHALL INCREASE THE REAL PROPERTY
TAX LIABILITY OF ANY PARCEL OF REAL PROPERTY WHICH HAS BEEN  GRANTED  AN
EXEMPTION UNDER THIS SECTION, AS A RESULT OF A REVALUATION, REASSESSMENT
OR  UPDATE,  AS  DEFINED PURSUANT TO SUBDIVISION TWELVE-A OF SECTION ONE
HUNDRED TWO OF THIS CHAPTER, ABOVE THE REAL PROPERTY  TAX  LIABILITY  OF
SUCH  PARCEL ESTABLISHED BY THE ASSESSMENT ROLL PREPARED ON THE BASIS OF
THE TAXABLE STATUS DATE OCCURRING IMMEDIATELY PRIOR TO SUCH REVALUATION,
REASSESSMENT OR UPDATE. NO PROVISION OF THIS SECTION SHALL BE  CONSTRUED
TO  LIMIT  OR PROHIBIT ANY MUNICIPAL CORPORATION, AS DEFINED PURSUANT TO
SUBDIVISION TEN OF  SECTION  ONE  HUNDRED  TWO  OF  THIS  CHAPTER,  FROM
INCREASING  THE  RATE  OF  REAL PROPERTY TAXES ASSESSED ON REAL PROPERTY
LOCATED WITHIN ITS JURISDICTION AS IS OTHERWISE AUTHORIZED AND  PROVIDED
BY LAW.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02268-01-3

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