S T A T E O F N E W Y O R K
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6385--A
Cal. No. 16
I N S E N A T E
January 8, 2016
___________
Introduced by Sen. LAVALLE -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- reported favora-
bly from said committee, ordered to a third reading, passed by Senate
and delivered to the Assembly, recalled, vote reconsidered, restored
to third reading, amended and ordered reprinted, retaining its place
in the order of third reading
AN ACT to amend the real property tax law, relating to exemptions avail-
able to veterans, as proposed in legislative bill numbers S.4391-A and
A.6223-A, in relation to exemptions available to 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 section 2 of a
chapter of the laws of 2015, amending the real property tax law relating
to exemptions available to veterans, as proposed in legislative bill
numbers S.4391-A and A.6223-A, 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.
LBD08164-07-6
S. 6385--A 2
ten year period, such exempt property is sold and replaced with other
residential real property, such exemption may be granted pursuant to
this subdivision for the unexpired portion of the ten year exemption
period. Each county, city, town or village may adopt a local law to
reduce the maximum exemption allowable in paragraphs (a) and (b) of this
subdivision to six thousand dollars, nine thousand dollars and thirty
thousand dollars, respectively, or four thousand dollars, six thousand
dollars and twenty thousand dollars, respectively. Each county, city,
town, or village is also authorized to adopt a local law to increase the
maximum exemption allowable in paragraphs (a) and (b) of this subdivi-
sion to ten thousand dollars, fifteen thousand dollars and fifty thou-
sand dollars, respectively; twelve thousand dollars, eighteen thousand
dollars and sixty thousand dollars, respectively; fourteen thousand
dollars, twenty-one thousand dollars and seventy thousand dollars,
respectively; sixteen thousand dollars, twenty-four thousand dollars and
eighty thousand dollars, respectively; eighteen thousand dollars, twen-
ty-seven thousand dollars and ninety thousand dollars, respectively;
twenty thousand dollars, thirty thousand dollars and one hundred thou-
sand dollars, respectively; twenty-two thousand dollars, thirty-three
thousand dollars and one hundred ten thousand dollars, respectively;
twenty-four thousand dollars, thirty-six thousand dollars and one
hundred twenty thousand dollars, respectively; [thirty-nine] TWENTY-SIX
thousand dollars, [twenty-six] THIRTY-NINE thousand dollars, and one
hundred thirty thousand dollars, respectively; [forty-two] TWENTY-EIGHT
thousand dollars, [twenty-eight] FORTY-TWO thousand dollars, and one
hundred forty thousand dollars, respectively; and [forty-five] THIRTY
thousand dollars, [thirty] FORTY-FIVE thousand dollars and one hundred
fifty thousand dollars, respectively. In addition, a county, city, town
or village which is a "high-appreciation municipality" as defined in
this subparagraph is authorized to adopt a local law to increase the
maximum exemption allowable in paragraphs (a) and (b) of this subdivi-
sion to twenty-six thousand dollars, thirty-nine thousand dollars and
one hundred thirty thousand dollars, respectively; twenty-eight thousand
dollars, forty-two thousand dollars and one hundred forty thousand
dollars, respectively; thirty thousand dollars, forty-five thousand
dollars and one hundred fifty thousand dollars, respectively; thirty-two
thousand dollars, forty-eight thousand dollars and one hundred sixty
thousand dollars, respectively; thirty-four thousand dollars, fifty-one
thousand dollars and one hundred seventy thousand dollars, respectively;
thirty-six thousand dollars, fifty-four thousand dollars and one hundred
eighty thousand dollars, respectively; [fifty-seven] THIRTY-EIGHT thou-
sand dollars, [thirty-eight] FIFTY-SEVEN thousand dollars and one
hundred ninety thousand dollars, respectively; [sixty] FORTY thousand
dollars, [forty] SIXTY thousand dollars and two hundred thousand
dollars, respectively; [sixty-three] FORTY-TWO thousand dollars,
[forty-two] SIXTY-THREE thousand dollars and two hundred ten thousand
dollars, respectively; [sixty-six] FORTY-FOUR thousand dollars, [forty-
four] SIXTY-SIX thousand dollars and two hundred twenty thousand
dollars, respectively; [sixty-nine] FORTY-SIX thousand dollars, [forty-
six] SIXTY-NINE thousand dollars and two hundred thirty thousand
dollars, respectively; [seventy-two] FORTY-EIGHT thousand dollars,
[forty-eight] SEVENTY-TWO thousand dollars and two hundred forty thou-
sand dollars, respectively; [seventy-five] FIFTY thousand dollars,
[fifty] SEVENTY-FIVE thousand dollars and two hundred fifty thousand
dollars, respectively. For purposes of this subparagraph, a "high-ap-
preciation municipality" means: (A) a special assessing unit that is a
S. 6385--A 3
city, (B) a county for which the commissioner has established a sales
price differential factor for purposes of the STAR exemption authorized
by section four hundred twenty-five of this title in three consecutive
years, and (C) a city, town or village which is wholly or partly located
within such a county.
S 2. This act shall take effect on the same date and in the same
manner as a chapter of the laws of 2015, amending the real property tax
law relating to exemptions available to veterans, as proposed in legis-
lative bill numbers S.4391-A and A.6223-A, takes effect.
