Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 03, 2013 |
signed chap.97 |
Jun 24, 2013 |
delivered to governor |
May 23, 2013 |
returned to assembly passed senate 3rd reading cal.395 substituted for s4600 |
May 23, 2013 |
substituted by a6658 |
Apr 22, 2013 |
ordered to third reading cal.395 committee discharged and committed to rules |
Apr 12, 2013 |
referred to local government |
Senate Bill S4600
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A6658 - Signed by Governor
- 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
Actions
Votes
2013-S4600 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6658
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd ยง467-a, RPT L
2013-S4600 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4600 TITLE OF BILL: An act to amend the real property tax law, in relation to partial tax abatements for certain property SUMMARY OF PROVISIONS: Section one of the bill amends subdivision 2 of section 467-a of the Real Property Tax Law to provide that a tax abatement may be granted to a dwelling unit in a property held in a cooperative or condominium form of ownership where the unit in question is held in trust solely for the benefit of a person or persons who would otherwise be eligible to receive a tax abatement, were such person or persons the legal owner of the unit. Section two of the bill amends paragraph (f) of subdivision 2 of section 467-a of the Real Property Tax Law to provide that a property will not be prohibited from receiving an abatement pursuant to section 467-a if the property, or certain dwelling units therein, are receiving benefits pursuant to sections 425 (School Tax Relief exemption (STAR)) or 459-c (persons with disabilities and limited incomes exemption) of the Real Property Tax Law. REASONS FOR SUPPORT: Currently, a dwelling unit will lose its eligibility for a tax abatement pursuant to section 467-a if the owner transfers the property into a trust. This bill would make it clear
2013-S4600 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 4600 A. 6658 2013-2014 Regular Sessions S E N A T E - A S S E M B L Y April 12, 2013 ___________ IN SENATE -- Introduced by Sen. GOLDEN -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment IN ASSEMBLY -- Introduced by M. of A. WRIGHT, SILVER, BRAUNSTEIN, O'DONNELL -- read once and referred to the Committee on Ways and Means AN ACT to amend the real property tax law, in relation to partial tax abatements for certain property THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 467-a of the real property tax law is amended by adding a new paragraph (b-1) to read as follows: (B-1) NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, THE PROVISIONS OF THIS SECTION SHALL APPLY TO ANY DWELLING UNIT HELD IN TRUST SOLELY FOR THE BENEFIT OF A PERSON OR PERSONS WHO WOULD OTHERWISE BE ELIGIBLE FOR AN ABATEMENT, PURSUANT TO THIS SECTION, WERE SUCH PERSON OR PERSONS THE OWNER OR OWNERS OF SUCH DWELLING UNIT. S 2. Paragraph (f) of subdivision 2 of section 467-a of the real prop- erty tax law, as separately amended by chapters 461 and 473 of the laws of 2008, is amended to read as follows: (f) For purposes of this subdivision, a property shall be deemed not to be receiving complete or partial real property tax exemption or tax abatement if the property is, or certain dwelling units therein are, receiving benefits pursuant to section four hundred, four hundred two, four hundred four, four hundred six, four hundred eight, four hundred ten, four hundred ten-a, four hundred twelve, four hundred twelve-a, four hundred sixteen, four hundred eighteen, four hundred twenty-a, four hundred twenty-b, FOUR HUNDRED TWENTY-FIVE, four hundred thirty-six, four hundred fifty-eight, four hundred fifty-eight-a, FOUR HUNDRED FIFTY-NINE-C, four hundred sixty-two, four hundred sixty-seven, four hundred sixty-seven-b, [or] four hundred ninety-nine-bbb, or four EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10305-01-3
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