|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Feb 29, 2012||reported and committed to finance|
|Jan 20, 2012||referred to aging|
senate Bill S6286
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6286 - Details
- Current Committee:
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Add §1306-b, RPT L; add §178, amd §606, Tax L
S6286 - Summary
Reinstates the Senior STAR rebate for the 2012-2013 school year and thereafter; sets out amounts per year; authorizes commissioner of taxation to develop procedures for the implementation of such program.
S6286 - Sponsor Memo
BILL NUMBER:S6286 TITLE OF BILL: An act to amend the real property tax law and the tax law, in relation to reinstating the "Senior STAR" rebate program SUMMARY OF PROVISIONS: This bill would create the Senior STAR rebate program. Section 1 adds a new Real Property Tax Law Section 1306-B, entitled "Senior STAR" rebate program. This section provides that if a parcel is entitled to the enhanced STAR exemption pursuant to RPTL section 425 for the 2012-13 school year and thereafter, a local real property tax rebate shall be provided to the owner or owners of such parcel. The section sets forth the process by which such rebate shall be determined. Section 2 adds a new Tax law section 178 entitled "Senior STAR" rebate program. The section sets forth the mechanism by which the Department of Taxation shall issue STAR Rebates to those entitled to receive such rebates.
S6286 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6286 I N S E N A T E January 20, 2012 ___________ Introduced by Sens. RANZENHOFER, ZELDIN -- read twice and ordered print- ed, and when printed to be committed to the Committee on Aging AN ACT to amend the real property tax law and the tax law, in relation to reinstating the "Senior STAR" rebate program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property tax law is amended by adding a new section 1306-b to read as follows: S 1306-B. "SENIOR STAR" REBATE PROGRAM. 1. TAX REBATES. (A) IF A PARCEL IS ENTITLED TO THE ENHANCED STAR EXEMPTION AUTHORIZED BY SECTION FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER FOR THE TWO THOUSAND TWELVE--TWO THOUSAND THIRTEEN SCHOOL YEAR AND EACH YEAR THEREAFTER, A LOCAL PROPERTY TAX REBATE SHALL BE PROVIDED TO THE OWNER OR OWNERS OF SUCH PARCEL AS SHOWN ON THE FINAL ASSESSMENT ROLL FOR SUCH YEAR, IN AN AMOUNT COMPUTED AS PRESCRIBED BY THIS SECTION AND SECTION ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW. (B) IT SHALL BE THE RESPONSIBILITY OF THE STATE DEPARTMENT OF TAXATION AND FINANCE TO ISSUE SUCH TAX REBATES TO SUCH OWNERS IN THE MANNER PROVIDED BY SECTION ONE HUNDRED SEVENTY-EIGHT OF THE TAX LAW. NOTHING CONTAINED HEREIN SHALL BE CONSTRUED AS PERMITTING PARTIAL OR INSTALLMENT PAYMENTS OF TAXES IN A JURISDICTION WHICH HAS NOT AUTHORIZED THE SAME PURSUANT TO LAW. 2. PROCEDURE. (A) ON OR BEFORE AUGUST FIFTEENTH, TWO THOUSAND TWELVE AND EACH YEAR THEREAFTER, THE COMMISSIONER OF TAXATION AND FINANCE, OR HIS OR HER DESIGNEE, SHALL CREATE A REPORT CONCERNING THOSE PARCELS WHICH HAVE BEEN GRANTED AN EXCEPTION AUTHORIZED BY SUBDIVISION FOUR OF SECTION FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER, OR ON OR BEFORE JULY FIRST, TWO THOUSAND TWELVE AND EACH YEAR THEREAFTER, IN THE CASE OF A CITY WITH A POPULATION OF ONE MILLION OR MORE, THE COMMISSIONER OF FINANCE, OR HIS OR HER DESIGNEE, SHALL PROVIDE TO THE COMMISSIONER OF TAXATION AND FINANCE A REPORT IN A MUTUALLY AGREEABLE FORMAT CONCERNING THOSE PARCELS WHICH HAVE BEEN GRANTED AN EXEMPTION AUTHORIZED BY SUBDI- VISION FOUR OF SECTION FOUR HUNDRED TWENTY-FIVE OF THIS CHAPTER ON THE ASSESSMENT ROLLS USED TO GENERATE THE SCHOOL TAX BILLS FOR THE TWO THOU- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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