Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 02, 2016 |
referred to real property taxation delivered to assembly passed senate |
Jun 01, 2016 |
advanced to third reading |
May 25, 2016 |
2nd report cal. |
May 24, 2016 |
1st report cal.1089 |
Feb 12, 2016 |
print number 1458a |
Feb 12, 2016 |
amend and recommit to aging |
Jan 06, 2016 |
referred to aging returned to senate died in assembly |
Jun 08, 2015 |
referred to real property taxation delivered to assembly passed senate |
Jun 01, 2015 |
ordered to third reading cal.1145 committee discharged and committed to rules |
Jan 12, 2015 |
referred to aging |
Senate Bill S1458A
2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
(D) 22nd Senate District
2015-S1458 - Details
- See Assembly Version of this Bill:
- A9333
- Current Committee:
- Assembly Real Property Taxation
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §469, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S2746
2011-2012: S638
2013-2014: S2169
2017-2018: S1665, A3416
2019-2020: A3253
2021-2022: A2394
2015-S1458 - Sponsor Memo
BILL NUMBER:S1458 TITLE OF BILL: An act to amend the real property tax law, in relation to assessment exemptions for living quarters for a parent or grandparent PURPOSE: The purpose of this bill is provide greater protection to the elderly and achieve savings in State expenditures for the elderly by expanding the scope of the property tax exemption for house alterations made for the purpose of housing a senior or person with a disability. SUMMARY OF PROVISIONS: Section one of this bill amends subdivisions one and three of section 469 of the Real Property Tax Law, and adds a new subdivision 5-a, to provide local governments with the option to shield real property owners who make changes to their homes so that they can house non-relative seniors or individuals with disabilities from an increase in the assessed value of their home due to these changes. Section two of this bill provides that this act shall take effect immediately. EXISTING LAW:
2015-S1458 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1458 2015-2016 Regular Sessions I N S E N A T E January 12, 2015 ___________ Introduced by Sen. GOLDEN -- 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 assessment exemptions for living quarters for a parent or grandparent THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1 and 3 of section 469 of the real property tax law, as added by chapter 377 of the laws of 2000, subdivision 1 as further amended by subdivision (b) of section 1 of part W of chapter 56 of the laws of 2010, are amended to read as follows: 1. A county, city, town, village or school district acting through its local legislative body is hereby authorized and empowered to adopt and amend local laws, or resolutions in the case of school districts, to provide for an exemption from taxation to the extent of any increase in assessed value of residential property resulting from the construction or reconstruction of such property for the purpose of providing living quarters for a parent or grandparent, who is sixty-two years of age or older, OR ANOTHER ELIGIBLE PERSON, AS DEFINED IN SUBDIVISION FIVE-A OF THIS SECTION. Such exemption shall not exceed (a) the increase in assessed value resulting from construction or reconstruction of such property, or (b) twenty percent of the total assessed value of such property as improved, or (c) twenty percent of the median sale price of residential property as reported in the most recent sales statistical summary published by the commissioner for the county in which the prop- erty is located, whichever is less. 3. Such exemption shall be applicable only to construction or recon- struction which occurred subsequent to the effective date of this section and shall only apply during taxable years during which at least one such parent [or], grandparent OR ELIGIBLE PERSON maintains a primary place of residence in such living quarters. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05912-01-5
co-Sponsors
(D) 22nd Senate District
(R, C, IP) Senate District
2015-S1458A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9333
- Current Committee:
- Assembly Real Property Taxation
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §469, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S2746
2011-2012: S638
2013-2014: S2169
2017-2018: S1665, A3416
2019-2020: A3253
2021-2022: A2394
2015-S1458A (ACTIVE) - Summary
Extends eligibility for tax exemption to the extent of any increase in assessed value of residential property resulting from the construction or reconstruction of such property for the purpose of providing living quarters for certain related senior or disabled relatives.
2015-S1458A (ACTIVE) - Sponsor Memo
BILL NUMBER: S1458A TITLE OF BILL : An act to amend the real property tax law, in relation to assessment exemptions for living quarters for a parent or grandparent PURPOSE : The purpose of this bill is provide greater protection to the elderly and achieve savings in State expenditures for the elderly by expanding the scope of the property tax exemption for house alterations made for the purpose of housing a senior or person with a disability. SUMMARY OF PROVISIONS : Section one of this bill amends subdivisions one and three of section 469 of the Real Property Tax Law to provide local governments with the option to shield real property owners who make changes to their homes so that they can house seniors or individuals with disabilities who are related to the property owner from an increase in the assessed value of their home due to these changes. Section two of this bill adds a new subdivision 5-a to Real Property Tax Law. This new subdivision defines the term "eligible person" to mean a person who is at least 62 years of age or disabled that is within three degrees of consanguinity or affinity with the property
2015-S1458A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1458--A 2015-2016 Regular Sessions I N S E N A T E January 12, 2015 ___________ Introduced by Sens. GOLDEN, FELDER -- read twice and ordered printed, and when printed to be committed to the Committee on Aging -- recom- mitted to the Committee on Aging in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to assessment exemptions for living quarters for a parent or grandparent THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1 and 3 of section 469 of the real property tax law, as added by chapter 377 of the laws of 2000, subdivision 1 as further amended by subdivision (b) of section 1 of part W of chapter 56 of the laws of 2010, are amended to read as follows: 1. A county, city, town, village or school district acting through its local legislative body is hereby authorized and empowered to adopt and amend local laws, or resolutions in the case of school districts, to provide for an exemption from taxation to the extent of any increase in assessed value of residential property resulting from the construction or reconstruction of such property for the purpose of providing living quarters for a parent or grandparent, who is sixty-two years of age or older, OR ANOTHER ELIGIBLE PERSON, AS DEFINED IN SUBDIVISION FIVE-A OF THIS SECTION. Such exemption shall not exceed (a) the increase in assessed value resulting from construction or reconstruction of such property, or (b) twenty percent of the total assessed value of such property as improved, or (c) twenty percent of the median sale price of residential property as reported in the most recent sales statistical summary published by the commissioner for the county in which the prop- erty is located, whichever is less. 3. Such exemption shall be applicable only to construction or recon- struction which occurred subsequent to the effective date of this section and shall only apply during taxable years during which at least EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05912-03-6
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