senate Bill S275

Allows a property owned by at least one owner who is at least 65 years old or older to be eligible for an enhanced STAR exemption

download pdf

Sponsor

Bill Status


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

actions

  • 09 / Jan / 2013
    • REFERRED TO AGING
  • 21 / May / 2013
    • REPORTED AND COMMITTED TO FINANCE
  • 08 / Jan / 2014
    • REFERRED TO AGING
  • 20 / May / 2014
    • REPORTED AND COMMITTED TO FINANCE

Summary

Allows a property owned by at least one owner who is at least 65 years old or older to be eligible for an enhanced STAR exemption.

do you support this bill?

Bill Details

Versions:
S275
Legislative Cycle:
2013-2014
Current Committee:
Senate Finance
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง425, RPT L
Versions Introduced in 2011-2012 Legislative Cycle:
S6859

Votes

11
0
11
Aye
0
Nay
0
aye with reservations
0
absent
0
excused
0
abstained
show Aging committee vote details

Sponsor Memo

BILL NUMBER:S275

TITLE OF BILL:
An act
to amend the real property tax law, in relation to allowing a property
to be eligible for an enhanced STAR exemption if at least one owner is
at least 65 years old

PURPOSE:
Allows a property owned by at least one owners who is at least 65
years old or older to be eligible for an enhanced STAR exemption.

SUMMARY OF PROVISIONS:
Section 1. Subparagraph (i) of paragraph (a) of subdivision 4 of
section 425 of the real property tax law is amended to change the
first wording to "at least one".

JUSTIFICATION:
New York State requires that all owners be 65 years of age unless, for
jointly owned property, only one spouse or sibling must be at least
65 years of age. It is unfair to provide limited exceptions under
certain relationships for jointly held property, whereas not all
jointly owned property owners are required to be 65 years of age if
they are the spouse or sibling of the one property owner who is 65.
This bill would allow for the approval of the enhanced star property
tax exemption for any property for which only one of the owners is 65
or older.

LEGISLATIVE HISTORY:
2012: S.6859 - Referred to Aging

FISCAL IMPLICATIONS:
To be determined.

EFFECTIVE DATE:
This act shall take effect immediately.

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

                                   275

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Aging

AN ACT to amend the real property tax law, in  relation  to  allowing  a
  property to be eligible for an enhanced STAR exemption if at least one
  owner is at least 65 years old

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

  Section 1. Subparagraph (i) of  paragraph  (a)  of  subdivision  4  of
section  425  of  the  real property tax law, as amended by section 2 of
part E of chapter 83 of the laws of 2002, is amended to read as follows:
  (i) [All] AT LEAST ONE of the owners must be at least sixty-five years
of age or older as of the date specified herein[,  or  in  the  case  of
property  owned  by  husband  and wife or by siblings, one of the owners
must be at least sixty-five years of age as of that date] and the  prop-
erty  must  serve  as  the  primary residence of that owner. For the two
thousand--two thousand one school year, eligibility  for  the  exemption
shall  be  based upon age as of December thirty-first, two thousand. For
each subsequent school year, the applicable date shall  be  advanced  by
one year.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01367-01-3

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.