S T A T E O F N E W Y O R K
________________________________________________________________________
4955
2015-2016 Regular Sessions
I N A S S E M B L Y
February 9, 2015
___________
Introduced by M. of A. CURRAN, FINCH, RAIA -- read once and referred to
the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to directing all
school districts to adopt certain exemptions
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (a) of subdivision 1 of section 459-c of the real
property tax law, as amended by chapter 348 of the laws of 2007, is
amended to read as follows:
(a) Real property owned by one or more persons with disabilities, or
real property owned by a husband, wife, or both, or by siblings, at
least one of whom has a disability, or real property owned by one or
more persons, some of whom qualify under this section and the others of
whom qualify under section four hundred sixty-seven of this title, and
whose income, as hereafter defined, is limited by reason of such disa-
bility, shall be exempt from taxation by any municipal corporation in
which located to the extent of fifty per centum of the assessed valu-
ation thereof as hereinafter provided. After a public hearing, the
governing board of a county, city, town or village may adopt a local law
and a school district, other than a school district subject to article
fifty-two of the education law, [may] SHALL adopt a resolution to grant
the exemption authorized pursuant to this section.
S 2. This act shall take effect immediately and shall apply to school
years beginning in the year immediately following the year in which this
act shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07960-01-5