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Assembly Bill A3629

2015-2016 Legislative Session

Makes the yearly renewals of the enhanced STAR exemption automatic

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Archive: Last Bill Status - In Assembly Committee

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2015-A3629 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง425, RPT L
Versions Introduced in 2013-2014 Legislative Session:
A8950

2015-A3629 (ACTIVE) - Summary

Makes the yearly renewals of the enhanced STAR exemption automatic.

2015-A3629 (ACTIVE) - Bill Text download pdf

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

                                  3629

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 27, 2015
                               ___________

Introduced  by  M.  of A. LALOR, SKARTADOS, PALUMBO, GOODELL, McDONOUGH,
  DiPIETRO, GRAF, RAIA, WALTER, GIGLIO -- Multi-Sponsored by -- M. of A.
  ARROYO, BARCLAY, CERETTO, HAWLEY, McLAUGHLIN, SIMANOWITZ -- read  once
  and referred to the Committee on Real Property Taxation

AN  ACT  to  amend  the real property tax law, in relation to making the
  yearly renewals of the enhanced STAR exemption automatic

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

  Section  1.  Subparagraph  (iv)  of  paragraph (b) of subdivision 4 of
section 425 of the real property tax law, as amended by  section  10  of
part W of chapter 56 of the laws of 2010, is amended to read as follows:
  (iv)  Effective  with applications for the enhanced exemption on final
assessment rolls to be completed in two thousand  [three]  SIXTEEN,  the
application form shall [indicate that] NOTIFY the owners of the property
and  any  owners' spouses residing on the premises [may] THAT BY SUBMIT-
TING THE APPLICATION, THEY authorize the assessor to have  their  income
eligibility  verified  annually  thereafter  by  the state department of
taxation and finance[, in lieu of furnishing copies  of  the  applicable
income  tax  return or returns with the application. If the]. THE owners
of the property and any owners' spouses residing on the premises  [elect
to  participate in this program, which shall be known as the STAR income
verification program, they must] SHALL furnish their taxpayer  identifi-
cation  numbers  in  order  to  facilitate  matching with records of the
department. Thereafter, their income eligibility shall be verified annu-
ally by the  department  and  the  assessor  shall  not  request  income
documentation OR A RENEWAL APPLICATION from them, unless such department
advises  the  assessor  that  they  do not satisfy the applicable income
eligibility requirements, or that it is unable to determine whether they
satisfy those requirements.
  S 2. Subparagraph (vi) of paragraph (b) of subdivision  4  of  section
425  of  the real property tax law, as amended by section 3 of part E of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00774-01-5
              

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