S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6510--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               March 7, 2017
                                ___________
 
 Introduced  by  M.  of  A.  D'URSO, DenDEKKER, BENEDETTO, PHEFFER AMATO,
   KEARNS, TITONE, LAVINE, HOOPER, GUNTHER, SANTABARBARA, ABBATE,  ORTIZ,
   SIMANOWITZ,  COLTON,  BLAKE,  BRABENEC,  BLANKENBUSH, B. MILLER, GOTT-
   FRIED, THIELE, STECK, RAIA, MORINELLO, LOPEZ, MOSLEY,  JENNE,  CURRAN,
   M. G. MILLER  --  Multi-Sponsored  by -- M. of A. CRESPO, ENGLEBRIGHT,
   GIGLIO, GRAF, SIMON -- read once and  referred  to  the  Committee  on
   Veterans'  Affairs  --  reported and referred to the Committee on Ways
   and Means -- committee discharged, bill amended, ordered reprinted  as
   amended and recommitted to said committee
 
 AN  ACT  to  amend  the real property tax law, 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  separately  amended  by
 chapters 22 and 253 of the laws of 2016, 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 or resolution 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  or  resolution  providing  for  such
 exemption.  Where  a qualified owner does not own qualifying residential
 real property on the effective date  of  the  local  law  or  resolution
 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 quali-
 fying residential real property;  provided,  however,  that  should  the
 veteran  apply  for  and  be granted an exemption on the assessment roll
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD10398-03-7

 A. 6510--A                          2
 
 prepared pursuant to a taxable status date occurring within  sixty  days
 after  the  date of purchase of residential real property, such ten year
 period shall be measured from the first assessment  roll  in  which  the
 exemption  occurs.  If,  before  the expiration of such 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, PROVIDED HOWEV-
 ER, THAT NOTWITHSTANDING THE TEN YEAR LIMITATION IMPOSED BY THE  FOREGO-
 ING  PROVISIONS  OF  THIS SUBPARAGRAPH, A COUNTY, CITY, TOWN, VILLAGE OR
 SCHOOL DISTRICT THAT HAS ADOPTED A LOCAL LAW OR RESOLUTION  PURSUANT  TO
 PARAGRAPH  (A)  OF  THIS SUBDIVISION MAY ADOPT A LOCAL LAW OR RESOLUTION
 PROVIDING THAT THE EXEMPTION AUTHORIZED BY THIS SECTION SHALL  APPLY  TO
 QUALIFYING OWNERS OF QUALIFYING REAL PROPERTY FOR AS LONG AS THEY REMAIN
 QUALIFYING  OWNERS,  WITHOUT  REGARD  TO  SUCH TEN YEAR LIMITATION. Each
 county, city, town or village may adopt a local  law,  and  each  school
 district  may adopt a resolution, to reduce the maximum exemption allow-
 able in paragraphs (a) and (b)  of  this  subdivision  to  six  thousand
 dollars,  nine thousand dollars and thirty thousand dollars, respective-
 ly, 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, and each school district  may  adopt  a
 resolution,  to  increase  the maximum exemption allowable in paragraphs
 (a) and (b) of this subdivision to ten thousand dollars,  fifteen  thou-
 sand  dollars  and fifty thousand dollars, respectively; twelve thousand
 dollars, eighteen thousand dollars and sixty thousand  dollars,  respec-
 tively;  fourteen  thousand  dollars,  twenty-one  thousand  dollars and
 seventy thousand dollars, respectively; sixteen thousand dollars,  twen-
 ty-four  thousand  dollars  and  eighty  thousand dollars, respectively;
 eighteen thousand dollars,  twenty-seven  thousand  dollars  and  ninety
 thousand dollars, respectively; twenty thousand dollars, thirty thousand
 dollars and one hundred thousand dollars, respectively; twenty-two thou-
 sand 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; 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;  and  thirty thousand dollars, forty-five thousand dollars
 and one hundred fifty thousand dollars,  respectively.  In  addition,  a
 county,  city,  town  or  village  which is a "high-appreciation munici-
 pality" as defined in this subparagraph is authorized to adopt  a  local
 law,  and each school district which is within a high-appreciation muni-
 cipality is authorized to adopt a resolution, to  increase  the  maximum
 exemption  allowable  in  paragraphs  (a) and (b) of this subdivision 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;  thirty-eight  thousand  dollars,
 fifty-seven  thousand  dollars  and one hundred ninety thousand dollars,
 respectively; forty thousand dollars, sixty  thousand  dollars  and  two

 A. 6510--A                          3
 
 hundred  thousand  dollars,  respectively;  forty-two  thousand dollars,
 sixty-three thousand dollars  and  two  hundred  ten  thousand  dollars,
 respectively;  forty-four  thousand  dollars, sixty-six thousand dollars
 and  two  hundred twenty thousand dollars, respectively; forty-six thou-
 sand dollars, sixty-nine thousand dollars and two hundred  thirty  thou-
 sand  dollars,  respectively;  forty-eight thousand dollars, seventy-two
 thousand dollars and two hundred forty thousand  dollars,  respectively;
 fifty  thousand  dollars,  seventy-five thousand dollars and two hundred
 fifty thousand dollars, respectively. For purposes of this subparagraph,
 a "high-appreciation municipality" means: (A) a special  assessing  unit
 that  is a 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.
   § 2. This act shall take effect immediately and shall apply to assess-
 ment rolls prepared on the basis of taxable status dates occurring on or
 after January 1, 2018.