Senate Bill S3731

2013-2014 Legislative Session

Eliminates the ten-year duration limit on the real property tax exemption for Cold War veterans

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Veterans, Homeland Security And Military Affairs Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

2013-S3731 (ACTIVE) - Details

Current Committee:
Senate Veterans, Homeland Security And Military Affairs
Law Section:
Real Property Tax Law
Laws Affected:
Amd §458-b, RPT L

2013-S3731 (ACTIVE) - Summary

Eliminates the ten-year duration limit on the real property tax exemption for Cold War veterans.

2013-S3731 (ACTIVE) - Sponsor Memo

2013-S3731 (ACTIVE) - Bill Text download pdf

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

                                  3731

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 13, 2013
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee  on  Veterans,  Homeland
  Security and Military Affairs

AN  ACT  to  amend the real property tax law, in relation to eliminating
  the ten-year duration limit on the real  property  tax  exemption  for
  Cold War veterans

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

  Section 1. Subparagraph (iii) of paragraph (c)  of  subdivision  2  of
section 458-b of the real property tax law, as amended by chapter 235 of
the  laws of 2009 and as further amended by subdivision (b) of section 1
of part W of chapter 56 of the laws of  2010,  is  amended  to  read  as
follows:
  (iii)  The  exemption  provided  by  paragraph (a) of this subdivision
shall be granted for [a period of ten years. The  commencement  of  such
ten year period shall be governed pursuant to this subparagraph. Where a
qualified  owner owns qualifying residential real property on the effec-
tive date of the local law providing for such exemption, such  ten  year
period  shall  be measured from the assessment roll prepared pursuant to
the first taxable status date occurring on or after the  effective  date
of  the  local law providing for such exemption. Where a qualified owner
does not own qualifying residential real property on the effective  date
of  the  local  law  providing  for such exemption, such ten year period
shall be measured from the assessment  roll  prepared  pursuant  to  the
first  taxable  status date occurring at least sixty days after the date
of purchase of qualifying residential real property; provided,  however,
that  should  the  veteran  apply for and be granted an exemption on the
assessment roll prepared pursuant to a  taxable  status  date  occurring
within sixty days after the date of purchase of residential real proper-
ty,  such  ten  year  period shall be measured from the first assessment
roll in which the exemption occurs. If, before the  expiration  of  such

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08870-01-3
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.