| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 13, 2012 |
referred to investigations and government operations |
Senate Bill S6227
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
Actions
2011-S6227 (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Add ยง1232, Tax L
- Versions Introduced in 2013-2014 Legislative Session:
-
S3903
2011-S6227 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6227
TITLE OF BILL:
An act
to amend the tax law, in relation to school tax reductions for residents
in communities that restrict ownership to those fifty-five years of age
and older
PURPOSE OR GENERAL IDEA OF BILL:
Provides for a 25% reduction in school districts to residents of age
restricted communities upon the approval of the local town or village.
SUMMARY OF PROVISIONS:
Adds a new section, 1232 to the Tax Law. This section allows any
community where zoning regulations restrict ownership to those
fifty-five years of age and older, the residents, a twenty-five
percent reduction in school taxes upon approval by the local town or
village.
JUSTIFICATION:
Residents of age restricted communities rarely have children of school
age living on their premises and do not burden the school district
representing the surrounding communities. This legislation provides
limited school tax relief to these taxpayers in light of the fact
that they do not burden the school district.
2011-S6227 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
6227
I N S E N A T E
January 13, 2012
___________
Introduced by Sen. HANNON -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations
AN ACT to amend the tax law, in relation to school tax reductions for
residents in communities that restrict ownership to those fifty-five
years of age and older
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The tax law is amended by adding a new section 1232 to read
as follows:
S 1232. SCHOOL TAX REDUCTION. IN ANY COMMUNITY WHERE ZONING REGU-
LATIONS RESTRICT OWNERSHIP TO THOSE FIFTY-FIVE YEARS OF AGE AND OLDER,
SUCH RESIDENTS SHALL BE ELIGIBLE FOR A TWENTY-FIVE PERCENT REDUCTION IN
SCHOOL TAXES UPON APPROVAL BY THE LOCAL TOWN OR VILLAGE.
S 2. This act shall take effect on the thirtieth day after it shall
have become a law and shall apply to taxable years beginning on or after
January 1, 2013.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11086-02-2
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