S T A T E O F N E W Y O R K
________________________________________________________________________
820
2013-2014 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 9, 2013
___________
Introduced by M. of A. CUSICK -- read once and referred to the Committee
on Veterans' Affairs
AN ACT to amend the real property tax law, in relation to prohibiting
the increase in real property tax liability of veterans receiving an
exemption
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 458 of the real property tax law is amended by
adding a new subdivision 5-a to read as follows:
5-A. NOTWITHSTANDING ANY GENERAL OR LOCAL LAW, RULE OR REGULATION TO
THE CONTRARY, NO MUNICIPAL CORPORATION SHALL INCREASE THE REAL PROPERTY
TAX LIABILITY OF ANY PARCEL OF REAL PROPERTY WHICH HAS BEEN GRANTED AN
EXEMPTION UNDER THIS SECTION, AS A RESULT OF A REVALUATION, REASSESSMENT
OR UPDATE, AS DEFINED PURSUANT TO SUBDIVISION TWELVE-A OF SECTION ONE
HUNDRED TWO OF THIS CHAPTER, ABOVE THE REAL PROPERTY TAX LIABILITY OF
SUCH PARCEL ESTABLISHED BY THE ASSESSMENT ROLL PREPARED ON THE BASIS OF
THE TAXABLE STATUS DATE OCCURRING IMMEDIATELY PRIOR TO SUCH REVALUATION,
REASSESSMENT OR UPDATE. NO PROVISION OF THIS SECTION SHALL BE CONSTRUED
TO LIMIT OR PROHIBIT ANY MUNICIPAL CORPORATION, AS DEFINED PURSUANT TO
SUBDIVISION TEN OF SECTION ONE HUNDRED TWO OF THIS CHAPTER, FROM
INCREASING THE RATE OF REAL PROPERTY TAXES ASSESSED ON REAL PROPERTY
LOCATED WITHIN ITS JURISDICTION AS IS OTHERWISE AUTHORIZED AND PROVIDED
BY LAW.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02268-01-3