assembly Bill A8694

2013-2014 Legislative Session

Authorizes school districts to grant the Cold War veterans' real property tax exemption

download bill text pdf

Sponsored By

Archive: Last Bill Status - Passed Assembly


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

Your Voice

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

view actions (7)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 29, 2014 referred to veterans, homeland security and military affairs
delivered to senate
passed assembly
May 22, 2014 advanced to third reading cal.770
May 19, 2014 reported
Apr 29, 2014 reported referred to ways and means
Feb 03, 2014 referred to veterans' affairs

Co-Sponsors

A8694 (ACTIVE) - Details

See Senate Version of this Bill:
S6468
Current Committee:
Senate Veterans, Homeland Security And Military Affairs
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง458-b, RPT L
Versions Introduced in 2015-2016 Legislative Session:
A3379, S2210

A8694 (ACTIVE) - Summary

Authorizes school districts to grant the Cold War veterans' real property tax exemption.

A8694 (ACTIVE) - Bill Text download pdf

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

                                  8694

                          I N  A S S E M B L Y

                            February 3, 2014
                               ___________

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 authorizing
  school districts to grant an exemption to Cold War veterans

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

  Section 1. Paragraph (a) of subdivision 2 of section 458-b of the real
property  tax  law,  as  amended  by chapter 235 of the laws of 2009, is
amended to read as follows:
  (a) Each county, city, town or village may adopt a local law, AND EACH
SCHOOL DISTRICT MAY ADOPT A RESOLUTION, to provide that qualifying resi-
dential real property shall be exempt from taxation  to  the  extent  of
either: (i) ten percent of the assessed value of such property; provided
however,  that such exemption shall not exceed eight thousand dollars or
the product of eight thousand dollars multiplied  by  the  latest  state
equalization  rate  of  the assessing unit, or, in the case of a special
assessing unit, the latest class  ratio,  whichever  is  less  or;  (ii)
fifteen  percent of the assessed value of such property; provided howev-
er, that such exemption shall not exceed twelve thousand dollars or  the
product of twelve thousand dollars multiplied by the latest state equal-
ization  rate  for  the  assessing  unit,  or,  in the case of a special
assessing unit, the latest class ratio, whichever is less.
  S 2. Subparagraphs (i) and (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, subparagraph (iii) as further amended by subdivision
(b) of section 1 of part W of chapter  56  of  the  laws  of  2010,  are
amended to read as follows:
  (i)  The exemption from taxation provided by this subdivision shall be
applicable to county, city, town, [and]  village,  AND  SCHOOL  DISTRICT
taxation[,  but  shall  not  be  applicable  to  taxes levied for school
purposes].
  (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

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