S T A T E O F N E W Y O R K
________________________________________________________________________
2777
2009-2010 Regular Sessions
I N A S S E M B L Y
January 21, 2009
___________
Introduced by M. of A. RABBITT, EDDINGTON, SPANO, KOLB, RAIA, McKEVITT,
BURLING, TOBACCO, ALFANO, FINCH, WALKER -- Multi-Sponsored by -- M. of
A. BUTLER, CONTE, CROUCH, GABRYSZAK, McDONOUGH, WEISENBERG -- read
once and referred to the Committee on Veterans' Affairs
AN ACT to amend the real property tax law, in relation to partial prop-
erty tax exemptions of school taxes for qualified veterans
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (i) of paragraph (d) of subdivision 2 of
section 458-a of the real property tax law, as added by chapter 525 of
the laws of 1984, is amended to read as follows:
(i) The exemption from taxation provided by this subdivision shall be
applicable to county, city, town and village taxation, [but shall not be
applicable to] AND taxes levied for school purposes.
S 2. Paragraph 3 of subdivision 1 of section 458 of the real property
tax law, as amended by chapter 733 of the laws of 1959, is amended to
read as follows:
(3) If the assessors are satisfied that the applicant is entitled to
any exemption, they shall make appropriate entries upon the assessment-
roll opposite the description of such property and subtract the total
amount of such exemption from the total amount assessed pursuant to the
provisions of paragraph one of this subdivision. Such entries shall be
made and continued in each assessment of the property so long as it is
exempt from taxation for any purpose. Such real property, to the extent
of the exemption entered by the assessors, shall be exempt from state,
county and general municipal taxation, [but shall be taxable] AND TAXA-
TION for local school purposes. The provisions herein, relating to the
assessment and exemption of property purchased with eligible funds apply
and shall be enforced in each municipal corporation authorized to levy
taxes.
S 3. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law and shall apply to all
assessment rolls completed on and after such date.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05792-01-9