senate Bill S5290A

2011-2012 Legislative Session

Increases the amount combat veterans shall be exempt from real property taxation to thirty-five percent

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Archive: Last Bill Status - In Committee


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

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Actions

view actions (9)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 06, 2012 reported and committed to finance
Jan 23, 2012 print number 5290a
amend and recommit to veterans, homeland security and military affairs
Jan 04, 2012 referred to veterans, homeland security and military affairs
May 24, 2011 committed to finance
May 23, 2011 advanced to third reading
May 18, 2011 2nd report cal.
May 17, 2011 1st report cal.761
May 03, 2011 referred to veterans, homeland security and military affairs

Votes

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Jun 5, 2012 - Veterans, Homeland Security and Military Affairs committee Vote

S5290A
12
0
committee
12
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
1
Abstained
show Veterans, Homeland Security and Military Affairs committee vote details

Veterans, Homeland Security and Military Affairs Committee Vote: Jun 5, 2012

aye wr (1)
abstained (1)

May 17, 2011 - Veterans, Homeland Security and Military Affairs committee Vote

S5290
12
0
committee
12
Aye
0
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Bill Amendments

Original
A (Active)
Original
A (Active)

Co-Sponsors

S5290 - Bill Details

See Assembly Version of this Bill:
A5277A
Current Committee:
Law Section:
Real Property Tax Law
Laws Affected:
Amd §458-a, RPT L
Versions Introduced in 2009-2010 Legislative Session:
S3005, A8367

S5290 - Bill Texts

view summary

Increases the amount combat veterans shall be exempt from real property taxation to thirty-five percent.

view sponsor memo
BILL NUMBER:S5290

TITLE OF BILL:
An act
to amend the real property tax law,
in relation to real property tax exemptions
for combat veterans

PURPOSE:
Increases the amount combat veterans shall be exempt from real
property taxation from 10% to 35%.

SUMMARY OF PROVISIONS:
Section 1 amends paragraph (b) of subdivision 2 of section 45B-a of
the real property tax law.

JUSTIFICATION:
Veterans who served in a combat zone protecting the United States of
America should see an increase in their property tax exemption.
Military personnel serving in combat zones are fighting to protect
our nations freedoms by putting their lives on the line everyday. To
show New York's appreciation, this legislation would exempt up to 35%
(currently 10%) of the assessed value on their real property for
combat zone soldiers. This measure would greatly benefit these brave
individuals who have served foreign land combat zones for extended
periods of time away from their families. New York State residents
who are in the military and serve our country bravely, sacrifice
their lives so we may enjoy peace and prosperity as a nation and a
state. They deserve our respect and this bill shows our gratitude for
their sacrifice as they protect our country and our freedoms.

LEGISLATIVE HISTORY:
2010: S.3005 - Referred to Veterans/A.8367 - Referred to Veterans'
Affairs
2009: S.3005 - Referred to Veterans/A.8367 - Referred to Veterans'
Affairs
2008: S.8769 - Referred to Rules

FISCAL IMPLICATIONS:
Undetermined.

EFFECTIVE DATE:
This act shall take effect immediately and shall apply to assessment
rolls prepared on and after January 1, 2011.

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

                                  5290

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               May 3, 2011
                               ___________

Introduced  by  Sen.  LANZA  -- 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 real  property
  tax exemptions for combat veterans

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

  Section 1. Paragraph (b) of subdivision 2 of section 458-a of the real
property tax law, as amended by chapter 473 of  the  laws  of  2004,  is
amended to read as follows:
  (b)  In  addition  to  the exemption provided by paragraph (a) of this
subdivision, where the veteran served in a combat theatre or combat zone
of operations, as documented by the award of a  United  States  campaign
ribbon  or  service medal, or the armed forces expeditionary medal, navy
expeditionary medal, marine corps expeditionary medal, or global war  on
terrorism expeditionary medal, qualifying residential real property also
shall be exempt from taxation to the extent of [ten] THIRTY-FIVE percent
of  the  assessed  value  of such property; provided, however, that such
exemption shall not exceed [eight] FORTY thousand dollars or the product
of [eight] FORTY thousand dollars multiplied by the latest state  equal-
ization rate for the assessing unit, or in the case of a special assess-
ing unit, the class ratio, whichever is less.
  S 2. This act shall take effect immediately and shall apply to assess-
ment rolls prepared on or after January 1, 2011.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04954-01-1

Co-Sponsors

S5290A (ACTIVE) - Bill Details

See Assembly Version of this Bill:
A5277A
Current Committee:
Law Section:
Real Property Tax Law
Laws Affected:
Amd §458-a, RPT L
Versions Introduced in 2009-2010 Legislative Session:
S3005, A8367

S5290A (ACTIVE) - Bill Texts

view summary

Increases the amount combat veterans shall be exempt from real property taxation to thirty-five percent.

view sponsor memo
BILL NUMBER:S5290A REVISED 06/07/12

TITLE OF BILL:
An act
to amend the real property tax law,
in relation to real property tax exemptions
for combat veterans

PURPOSE:
Increases the amount combat veterans shall be exempt from real
property taxation from 10% to 35%.

SUMMARY OF PROVISIONS:
Section one amends paragraph (b) of subdivision 2 of section 4s8-a of
the real property tax law.

Section two is the effective date.

JUSTIFICATION:
Veterans who served in a combat zone protecting the United States of
America should see an increase in their property tax exemption.
Military personnel serving in combat zones are fighting to protect
our nations freedoms by putting their lives on the line every day. To
show New York's appreciation, this legislation would exempt up to 35%
(currently 10%) of the assessed value on their real property for
combat zone soldiers.
This measure would greatly benefit these brave individuals who have
served foreign land combat zones for extended periods of time away
from their families. New York State residents who are in the military
and serve our country bravely, sacrifice their lives so we may enjoy
peace and prosperity as a nation and a state. They deserve our
respect and this bill shows our gratitude for their sacrifice as they
protect our country and our freedoms.

LEGISLATIVE HISTORY:
2011: S.5290 - Referred to Finance/A.S277 - Referred to Veterans'
Affairs
2010: S.3005 - Referred to Veterans/A.8367 - Referred to Veterans'
Affairs
2009: S.3005 - Referred to Veterans/A.8367 - Referred to Veterans'
Affairs
2008: S.8769 - Referred to Rules

FISCAL IMPLICATIONS:
The Department of Taxation and Finance estimate that this bill would
result in a shifting of property taxes, from properties receiving the
increased exemption to other properties, of approximately $290
million per year.

EFFECTIVE DATE:

This act shall take effect immediately and shall apply to assessment
rolls prepared on and after January 1, 2012.

view full text
download pdf
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5290--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               May 3, 2011
                               ___________

Introduced by Sens. LANZA, LARKIN -- read twice and ordered printed, and
  when  printed  to  be committed to the Committee on Veterans, Homeland
  Security and Military Affairs  --  recommitted  to  the  Committee  on
  Veterans,  Homeland  Security  and Military Affairs 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 real property
  tax exemptions for combat veterans

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

  Section 1. Paragraph (b) of subdivision 2 of section 458-a of the real
property  tax  law,  as  amended  by chapter 473 of the laws of 2004, is
amended to read as follows:
  (b) In addition to the exemption provided by  paragraph  (a)  of  this
subdivision, where the veteran served in a combat theatre or combat zone
of  operations,  as  documented by the award of a United States campaign
ribbon or service medal, or the armed forces expeditionary  medal,  navy
expeditionary  medal, marine corps expeditionary medal, or global war on
terrorism expeditionary medal, qualifying residential real property also
shall be exempt from taxation to the extent of [ten] THIRTY-FIVE percent
of the assessed value of such property;  provided,  however,  that  such
exemption shall not exceed [eight] FORTY thousand dollars or the product
of  [eight] FORTY thousand dollars multiplied by the latest state equal-
ization rate for the assessing unit, or in the case of a special assess-
ing unit, the class ratio, whichever is less.
  S 2. This act shall take effect immediately and shall apply to assess-
ment rolls prepared on or after January 1, 2012.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04954-02-1

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