S T A T E O F N E W Y O R K
________________________________________________________________________
5368
2013-2014 Regular Sessions
I N A S S E M B L Y
February 25, 2013
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Introduced by M. of A. TEDISCO -- Multi-Sponsored by -- M. of A. McKEV-
ITT, THIELE -- read once and referred to the Committee on Real Proper-
ty Taxation
AN ACT to amend the real property tax law, in relation to eligibility of
property owned jointly by senior citizens and non-senior citizens for
the enhanced STAR exemption
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (i) of paragraph (a) of subdivision 4 of
section 425 of the real property tax law, as amended by section 2 of
part E of chapter 83 of the laws of 2002, is amended to read as follows:
(i) [All] AT LEAST ONE of the owners must be at least sixty-five years
of age or older as of the date specified [herein, or in the case of
property owned by husband and wife or by siblings, one of the owners
must be at least sixty-five years of age as of that date and the proper-
ty must serve as the primary residence of that owner] IN THIS SUBPARA-
GRAPH PROVIDED HOWEVER, THAT NOTWITHSTANDING ANY INCONSISTENT PROVISION
OF THIS SECTION, THE EXEMPTION PROVIDED FOR IN THIS SECTION SHALL BE
PROPORTIONED BETWEEN OR AMONG OWNERS WHO ARE AT LEAST SIXTY-FIVE YEARS
OF AGE AND OWNERS WHO ARE LESS THAN SIXTY-FIVE YEARS OF AGE IN THE SAME
PROPORTION AS THE OWNERSHIP IN THE PROPERTY IS PROPORTIONED. For the
two thousand--two thousand one school year, eligibility for the
exemption shall be based upon age as of December thirty-first, two thou-
sand. For each subsequent school year, the applicable date shall be
advanced by one year.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08102-01-3