| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 23, 2012 |
print number 4365a |
| Jan 23, 2012 |
amend and recommit to aging |
| Jan 04, 2012 |
referred to aging |
| Jun 24, 2011 |
committed to rules |
| May 25, 2011 |
advanced to third reading |
| May 24, 2011 |
2nd report cal. |
| May 23, 2011 |
1st report cal.792 |
| Mar 31, 2011 |
referred to aging |
Senate Bill S4365A
2011-2012 Legislative Session
Sponsored By
(R, C) 24th Senate District
Archive: Last Bill Status - In Senate Committee Aging Committee
Actions
Votes
Bill Amendments
2011-S4365 - Details
2011-S4365 - Sponsor Memo
BILL NUMBER:S4365
TITLE OF BILL:
An act
to amend the real property tax law, in relation to providing an
additional real property tax exemption for certain senior citizens
PURPOSE:
The purpose of this bill is to provide relief from the burden of
increasing real property taxes (RPT) for certain income eligible
elderly individuals.
SUMMARY OF PROVISIONS:
This bill would offer local governments the option to provide older
New Yorkers who are homeowners with low-incomes a greater level of RPT
relief than can presently be offered through the existing structure
of the Senior Citizen RPT Exemption Program. Local governments would
be granted the option to offer senior citizens with incomes of
$22,000 or less a sixty percent RPT exemption. In addition, local
governments would also be authorized to expand the sliding scale
portion of the program by offering seniors citizens who have incomes
of $23,000 an exemption of fifty-five percent.
Currently, local governments can only exempt eligible senior citizens
who have incomes of $24,000 or less from paying fifty-percent of
their RPTs. Also, presently the largest exemption available through
2011-S4365 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4365
2011-2012 Regular Sessions
I N S E N A T E
March 31, 2011
___________
Introduced by Sen. LANZA -- 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 providing an
additional real property tax exemption for certain senior citizens
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 467 of the real property tax law is amended by
adding a new subdivision 1-a to read as follows:
1-A. (A) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO
PARAGRAPH (A) OF SUBDIVISION ONE OF THIS SECTION MAY BE AMENDED, OR A
LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN
EXEMPTION TO THE EXTENT OF SIXTY PERCENT OF THE ASSESSED VALUATION OF
REAL PROPERTY IF THE INCOME OF THE OWNER OR THE COMBINED INCOME OF THE
OWNERS OF THE PROPERTY FOR THE INCOME TAX YEAR IMMEDIATELY PRECEDING THE
DATE OF MAKING APPLICATION FOR AN EXEMPTION EXCEEDS THE SUM OF THREE
THOUSAND DOLLARS, OR SUCH OTHER SUM NOT LESS THAN THREE THOUSAND DOLLARS
BUT NOT MORE THAN TWENTY-TWO THOUSAND DOLLARS, WHILE SATISFYING ALL
OTHER ELIGIBILITY CRITERIA ESTABLISHED PURSUANT TO THIS SECTION. NO
OWNER OR OWNERS OF PROPERTY ELIGIBLE FOR A REDUCTION IN THE ASSESSED
VALUATION PURSUANT TO THIS SUBDIVISION SHALL BE ELIGIBLE FOR A FURTHER
EXEMPTION PURSUANT TO THIS SECTION.
(B) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARA-
GRAPH (A) OF THIS SUBDIVISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN THIS SUBDIVISION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M) TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE OF ASSESSED VALUATION
EXEMPT FROM TAXATION
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05099-01-1
2011-S4365A (ACTIVE) - Details
2011-S4365A (ACTIVE) - Sponsor Memo
BILL NUMBER:S4365A
TITLE OF BILL:
An act
to amend the real property tax law, in relation to providing an
additional real property tax exemption for certain senior citizens
PURPOSE:
The purpose of this bill is to provide relief from the burden of
increasing real property taxes (RPT) for certain income eligible
elderly individuals.
SUMMARY OF PROVISIONS:
This bill would offer local governments the option to provide older
New Yorkers who are homeowners with low-incomes a greater level of RPT
relief than can presently be offered through the existing structure
of the Senior Citizen RPT Exemption Program. Local governments would
be granted the option to offer senior citizens with incomes of
$22,000 or less a sixty percent RPT exemption. In addition, local
governments would also be authorized to expand the sliding scale
portion of the program by offering seniors citizens who have incomes
of $23,000 an exemption of fifty-five percent.
Currently, local governments can only exempt eligible senior citizens
who have incomes of $24,000 or less from paying fifty-percent of
their RPTs. Also, presently the largest exemption available through
2011-S4365A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4365--A
2011-2012 Regular Sessions
I N S E N A T E
March 31, 2011
___________
Introduced by Sen. LANZA -- read twice and ordered printed, and when
printed to be committed to the Committee on Aging -- recommitted 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 providing an
additional real property tax exemption for certain senior citizens
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 467 of the real property tax law is amended by
adding a new subdivision 1-a to read as follows:
1-A. (A) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO
PARAGRAPH (A) OF SUBDIVISION ONE OF THIS SECTION MAY BE AMENDED, OR A
LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN
EXEMPTION TO THE EXTENT OF SIXTY PERCENT OF THE ASSESSED VALUATION OF
REAL PROPERTY IF THE INCOME OF THE OWNER OR THE COMBINED INCOME OF THE
OWNERS OF THE PROPERTY FOR THE INCOME TAX YEAR IMMEDIATELY PRECEDING THE
DATE OF MAKING APPLICATION FOR AN EXEMPTION EXCEEDS THE SUM OF THREE
THOUSAND DOLLARS, OR SUCH OTHER SUM NOT LESS THAN THREE THOUSAND DOLLARS
BUT NOT MORE THAN TWENTY-TWO THOUSAND DOLLARS, WHILE SATISFYING ALL
OTHER ELIGIBILITY CRITERIA ESTABLISHED PURSUANT TO THIS SECTION. NO
OWNER OR OWNERS OF PROPERTY ELIGIBLE FOR A REDUCTION IN THE ASSESSED
VALUATION PURSUANT TO THIS SUBDIVISION SHALL BE ELIGIBLE FOR A FURTHER
EXEMPTION PURSUANT TO THIS SECTION.
(B) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARA-
GRAPH (A) OF THIS SUBDIVISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN THIS SUBDIVISION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M) TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05099-02-1
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