S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4136
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 3, 2017
                                ___________
 
 Introduced  by  Sen.  LANZA  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Cities
 
 AN ACT to amend the real property tax law, in relation to  a  rebate  of
   real  property  taxes  on  certain residential real property in a city
   having a population of one million or more

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The section heading of section 467-e of the real property
 tax law, as added by section 1 of part V of chapter 60 of  the  laws  of
 2004, is amended to read as follows:
   Rebate  for  owners  or  tenant-stockholders  of one, two [or], three,
 FOUR, FIVE OR SIX family residences or residential property held in  the
 condominium  or  cooperative  form of ownership in a city having a popu-
 lation of one million or more.
   § 2. Subdivision 1 of section 467-e of the real property tax  law,  as
 amended  by  chapter  483  of  the  laws  of 2007, is amended to read as
 follows:
   1. Generally. Notwithstanding any provision of any general, special or
 local law to the contrary, any city having a population of  one  million
 or more is hereby authorized and empowered to adopt and amend local laws
 in accordance with this section to grant a rebate of real property taxes
 for THE fiscal [years] YEAR beginning on the first of July, two thousand
 [three]  EIGHTEEN  and  ending  on  the  thirtieth of June, two thousand
 [nine] NINETEEN in the amount of the lesser of four hundred  dollars  or
 the annual tax liability imposed on the property. [No such local law may
 be  adopted  unless, as originally adopted, it authorizes such rebate to
 be granted in accordance with this section for three consecutive  fiscal
 years beginning with the fiscal year beginning on the first of July, two
 thousand  three.]  No  such rebate shall be granted by local law for any
 fiscal year beginning on or after the first of July, two thousand [nine]
 NINETEEN, unless the council of such city,  in  fixing  the  annual  tax
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD09732-01-7

 S. 4136                             2
 
 rates  for any such fiscal year, shall have uniformly reduced such rates
 for all classes of property in order to produce real property tax relief
 among such classes of property in an amount not less than, in the aggre-
 gate,  the aggregate amount of rebate paid in such fiscal year. [No such
 local law implementing the provisions of this section, as amended by the
 chapter of the laws of two thousand seven which added this sentence, may
 be adopted unless, as originally adopted, such local law authorizes such
 rebate to be granted in accordance with this section for  three  consec-
 utive fiscal years beginning with the fiscal year beginning on the first
 of  July,  two  thousand  six.]  Any  rebate  authorized by local law in
 accordance with this section shall be paid in the fiscal year  following
 the fiscal year for which the rebate is granted. If, with respect to the
 fiscal  year  of  such city beginning on the first of July, two thousand
 [eight] EIGHTEEN and ending on  the  thirtieth  of  June,  two  thousand
 [nine]  NINETEEN,  an  increase in average real property tax rates would
 otherwise be necessary in the resolution of  such  city  council  fixing
 real  property tax rates for such fiscal year pursuant to the charter of
 such city, then the rebate to be paid for  such  fiscal  year  shall  be
 reduced  or  eliminated  as  follows: where the sum to be raised by such
 increase is less than seven hundred fifty  million  dollars,  then  such
 rebate  shall be reduced by fifty cents for each dollar of increase, and
 where the sum to be raised by  such  increase  is  seven  hundred  fifty
 million  dollars  or  more,  then  such  rebate shall be eliminated. The
 determination of the reduction or elimination of such  rebate  shall  be
 set  forth  in such resolution after consultation with the department of
 finance of such city and shall take effect upon the  final  adoption  of
 such  resolution. Such rebate shall be paid to an owner or tenant-stock-
 holder who, as of the date the application provided for  in  subdivision
 four  of this section is due, owns a one, two [or], three, FOUR, FIVE OR
 SIX family residence or a dwelling unit in residential property held  in
 the  condominium  or  cooperative form of ownership that is the owner or
 tenant-stockholder's primary residence and meets all  other  eligibility
 requirements  of this section.  Notwithstanding anything to the contrary
 in sections four hundred twenty-one-a, four hundred twenty-one-b or four
 hundred twenty-one-g of this title, an owner or tenant-stockholder whose
 property is receiving benefits pursuant to such sections  shall  not  be
 prohibited  from  receiving  a  rebate  pursuant to this section if such
 owner or  tenant-stockholder  is  otherwise  eligible  to  receive  such
 rebate.    Tenant-stockholders of dwelling units in a cooperative apart-
 ment corporation incorporated as a mutual company  pursuant  to  article
 two,  four,  five or eleven of the private housing finance law shall not
 be entitled to the rebate authorized by this section. Such rebate  shall
 be  paid  by  the  commissioner of finance to eligible owners or tenant-
 stockholders in accordance with rules promulgated by the commissioner of
 finance.
   § 3. Subparagraph 1 of paragraph a of subdivision 2 of  section  467-e
 of the real property tax law, as added by section 1 of part V of chapter
 60 of the laws of 2004, is amended to read as follows:
   (1)  the  property  must  be a one, two [or], three, FOUR, FIVE OR SIX
 family residence or residential property  held  in  the  condominium  or
 cooperative form of ownership;
   § 4. Paragraph c of subdivision 3 of section 467-e of the real proper-
 ty tax law, as added by section 1 of part V of chapter 60 of the laws of
 2004, is amended to read as follows:

 S. 4136                             3
 
   c.  "Property"  means a one, two [or], three, FOUR, FIVE OR SIX family
 residence or a dwelling unit in residential property held in the  condo-
 minium or cooperative form of ownership.
   § 5. Paragraph a of subdivision 4 of section 467-e of the real proper-
 ty tax law, as amended by chapter 483 of the laws of 2007, is amended to
 read as follows:
   a. Generally. Notwithstanding any provision of any general, special or
 local  law to the contrary, an application for a rebate pursuant to this
 section for the fiscal year beginning the first of  July,  two  thousand
 [three]  EIGHTEEN, shall be made no later than the date published by the
 commissioner of finance in the city  record  and  in  other  appropriate
 general  notices  pursuant  to  this subdivision, which date shall be no
 earlier than thirty days after the effective date of  this  subdivision.
 [An  application  for a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand four and ending on
 the thirtieth of June, two thousand six, shall be made no later than the
 fifteenth of March of the fiscal year for which the rebate  is  claimed.
 An  application  for  a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand six, shall be made
 no later than the first of September following the fiscal year for which
 the rebate is claimed.] All owners or  tenant-stockholders  of  property
 who  primarily  reside  thereon must jointly file an application for the
 rebate on or before the application  deadline,  unless  such  owners  or
 tenant-stockholders  currently  receive  a  real  property tax exemption
 pursuant to section four hundred twenty-five, four hundred  fifty-eight,
 four  hundred  fifty-eight-a,  four hundred fifty-nine-c or four hundred
 sixty-seven of this title, in which case no separate application  for  a
 rebate  pursuant to this section shall be required. Such application may
 be filed by mail if it is  enclosed  in  a  postpaid  envelope  properly
 addressed  to the commissioner of finance, deposited in a post office or
 official depository under the exclusive care of the United States postal
 service, and postmarked by the United States postal service on or before
 the application deadline. Each such application shall be made on a  form
 prescribed  by  the  commissioner  of  finance,  which shall require the
 applicant to agree to notify the commissioner of finance if his, her  or
 their  primary  residence changes after receiving the rebate pursuant to
 this section, or after filing an application for such  rebate,  if  his,
 her  or  their  primary residence changes after filing such application,
 but before receiving such rebate.    The  commissioner  of  finance  may
 request  that  proof of primary residence be submitted with the applica-
 tion. No rebate pursuant to this section shall  be  granted  unless  the
 applicant,  if  required to do so by this subdivision, files an applica-
 tion within the time [periods] PERIOD prescribed in this subdivision.
   § 6. This act shall take effect immediately.

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4136--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 3, 2017
                                ___________
 
 Introduced by Sens. LANZA, FELDER -- read twice and ordered printed, and
   when printed to be committed to the Committee on Cities -- recommitted
   to the Committee on Cities in accordance with Senate Rule 6, sec. 8 --
   reported  favorably  from  said  committee,  ordered  to first report,
   amended on first report,  ordered  to  a  second  report  and  ordered
   reprinted, retaining its place in the order of second report
 
 AN  ACT  to  amend the real property tax law, in relation to a rebate of
   real property taxes on certain residential real  property  in  a  city
   having a population of one million or more
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  The section heading of section 467-e of the real  property
 tax  law,  as  added by section 1 of part V of chapter 60 of the laws of
 2004, is amended to read as follows:
   Rebate for owners or tenant-stockholders  of  one,  two  [or],  three,
 FOUR,  FIVE OR SIX family residences or residential property held in the
 condominium or cooperative form of ownership in a city  having  a  popu-
 lation of one million or more.
   §  2.  Subdivision 1 of section 467-e of the real property tax law, as
 amended by chapter 483 of the laws  of  2007,  is  amended  to  read  as
 follows:
   1. Generally. Notwithstanding any provision of any general, special or
 local  law  to the contrary, any city having a population of one million
 or more is hereby authorized and empowered to adopt and amend local laws
 in accordance with this section to grant a rebate of real property taxes
 for THE fiscal [years] YEAR beginning on the first of July, two thousand
 [three] NINETEEN and ending on  the  thirtieth  of  June,  two  thousand
 [nine] TWENTY in the amount of the lesser of four hundred dollars or the
 annual  tax liability imposed on the property. [No such local law may be
 adopted unless, as originally adopted, it authorizes such rebate  to  be
 granted  in  accordance  with  this section for three consecutive fiscal

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

                                                            LBD09732-02-8

 S. 4136--A                          2

 years beginning with the fiscal year beginning on the first of July, two
 thousand three.] No such rebate shall be granted by local  law  for  any
 fiscal year beginning on or after the first of July, two thousand [nine]
 TWENTY,  unless the council of such city, in fixing the annual tax rates
 for any such fiscal year, shall have uniformly reduced  such  rates  for
 all  classes  of  property  in order to produce real property tax relief
 among such classes of property in an amount not less than, in the aggre-
 gate, the aggregate amount of rebate paid in such fiscal year. [No  such
 local law implementing the provisions of this section, as amended by the
 chapter of the laws of two thousand seven which added this sentence, may
 be adopted unless, as originally adopted, such local law authorizes such
 rebate  to  be granted in accordance with this section for three consec-
 utive fiscal years beginning with the fiscal year beginning on the first
 of July, two thousand six.]  Any  rebate  authorized  by  local  law  in
 accordance  with this section shall be paid in the fiscal year following
 the fiscal year for which the rebate is granted. If, with respect to the
 fiscal year of such city beginning on the first of  July,  two  thousand
 [eight]  NINETEEN  and  ending  on  the  thirtieth of June, two thousand
 [nine] TWENTY, an increase in average  real  property  tax  rates  would
 otherwise  be  necessary  in  the resolution of such city council fixing
 real property tax rates for such fiscal year pursuant to the charter  of
 such  city,  then  the  rebate  to be paid for such fiscal year shall be
 reduced or eliminated as follows: where the sum to  be  raised  by  such
 increase  is  less  than  seven hundred fifty million dollars, then such
 rebate shall be reduced by fifty cents for each dollar of increase,  and
 where  the  sum  to  be  raised  by such increase is seven hundred fifty
 million dollars or more, then  such  rebate  shall  be  eliminated.  The
 determination  of  the  reduction or elimination of such rebate shall be
 set forth in such resolution after consultation with the  department  of
 finance  of  such  city and shall take effect upon the final adoption of
 such resolution. Such rebate shall be paid to an owner or  tenant-stock-
 holder  who,  as of the date the application provided for in subdivision
 four of this section is due, owns a one, two [or], three, FOUR, FIVE  OR
 SIX  family residence or a dwelling unit in residential property held in
 the condominium or cooperative form of ownership that is  the  owner  or
 tenant-stockholder's  primary  residence and meets all other eligibility
 requirements of this section.  Notwithstanding anything to the  contrary
 in sections four hundred twenty-one-a, four hundred twenty-one-b or four
 hundred twenty-one-g of this title, an owner or tenant-stockholder whose
 property  is  receiving  benefits pursuant to such sections shall not be
 prohibited from receiving a rebate pursuant  to  this  section  if  such
 owner  or  tenant-stockholder  is  otherwise  eligible  to  receive such
 rebate.  Tenant-stockholders of dwelling units in a  cooperative  apart-
 ment  corporation  incorporated  as a mutual company pursuant to article
 two, four, five or eleven of the private housing finance law  shall  not
 be  entitled to the rebate authorized by this section. Such rebate shall
 be paid by the commissioner of finance to  eligible  owners  or  tenant-
 stockholders in accordance with rules promulgated by the commissioner of
 finance.
   §  3.  Subparagraph 1 of paragraph a of subdivision 2 of section 467-e
 of the real property tax law, as added by section 1 of part V of chapter
 60 of the laws of 2004, is amended to read as follows:
   (1) the property must be a one, two [or], three,  FOUR,  FIVE  OR  SIX
 family  residence  or  residential  property  held in the condominium or
 cooperative form of ownership;

 S. 4136--A                          3
 
   § 4. Paragraph c of subdivision 3 of section 467-e of the real proper-
 ty tax law, as added by section 1 of part V of chapter 60 of the laws of
 2004, is amended to read as follows:
   c.  "Property"  means a one, two [or], three, FOUR, FIVE OR SIX family
 residence or a dwelling unit in residential property held in the  condo-
 minium or cooperative form of ownership.
   § 5. Paragraph a of subdivision 4 of section 467-e of the real proper-
 ty tax law, as amended by chapter 483 of the laws of 2007, is amended to
 read as follows:
   a. Generally. Notwithstanding any provision of any general, special or
 local  law to the contrary, an application for a rebate pursuant to this
 section for the fiscal year beginning the first of  July,  two  thousand
 [three]  NINETEEN, shall be made no later than the date published by the
 commissioner of finance in the city  record  and  in  other  appropriate
 general  notices  pursuant  to  this subdivision, which date shall be no
 earlier than thirty days after the effective date of  this  subdivision.
 [An  application  for a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand four and ending on
 the thirtieth of June, two thousand six, shall be made no later than the
 fifteenth of March of the fiscal year for which the rebate  is  claimed.
 An  application  for  a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand six, shall be made
 no later than the first of September following the fiscal year for which
 the rebate is claimed.] All owners or  tenant-stockholders  of  property
 who  primarily  reside  thereon must jointly file an application for the
 rebate on or before the application  deadline,  unless  such  owners  or
 tenant-stockholders  currently  receive  a  real  property tax exemption
 pursuant to section four hundred twenty-five, four hundred  fifty-eight,
 four  hundred  fifty-eight-a,  four hundred fifty-nine-c or four hundred
 sixty-seven of this title, in which case no separate application  for  a
 rebate  pursuant to this section shall be required. Such application may
 be filed by mail if it is  enclosed  in  a  postpaid  envelope  properly
 addressed  to the commissioner of finance, deposited in a post office or
 official depository under the exclusive care of the United States postal
 service, and postmarked by the United States postal service on or before
 the application deadline. Each such application shall be made on a  form
 prescribed  by  the  commissioner  of  finance,  which shall require the
 applicant to agree to notify the commissioner of finance if his, her  or
 their  primary  residence changes after receiving the rebate pursuant to
 this section, or after filing an application for such  rebate,  if  his,
 her  or  their  primary residence changes after filing such application,
 but before receiving such rebate.    The  commissioner  of  finance  may
 request  that  proof of primary residence be submitted with the applica-
 tion. No rebate pursuant to this section shall  be  granted  unless  the
 applicant,  if  required to do so by this subdivision, files an applica-
 tion within the time [periods] PERIOD prescribed in this subdivision.
   § 6. This act shall take effect immediately.

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4136--B
     Cal. No. 326
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 3, 2017
                                ___________
 
 Introduced by Sens. LANZA, FELDER -- read twice and ordered printed, and
   when printed to be committed to the Committee on Cities -- recommitted
   to the Committee on Cities in accordance with Senate Rule 6, sec. 8 --
   reported  favorably  from  said  committee,  ordered  to first report,
   amended on first report,  ordered  to  a  second  report  and  ordered
   reprinted,  retaining  its  place  in  the  order  of second report --
   ordered to a third reading, amended and ordered  reprinted,  retaining
   its place in the order of third reading
 
 AN  ACT  to  amend the real property tax law, in relation to a rebate of
   real property taxes on certain residential real  property  in  a  city
   having a population of one million or more
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  The section heading of section 467-e of the real  property
 tax  law,  as  added by section 1 of part V of chapter 60 of the laws of
 2004, is amended to read as follows:
   Rebate for owners or tenant-stockholders  of  one,  two  [or],  three,
 FOUR,  FIVE OR SIX family residences or residential property held in the
 condominium or cooperative form of ownership in a city  having  a  popu-
 lation of one million or more.
   §  2.  Subdivision 1 of section 467-e of the real property tax law, as
 amended by chapter 483 of the laws  of  2007,  is  amended  to  read  as
 follows:
   1. Generally. Notwithstanding any provision of any general, special or
 local  law  to the contrary, any city having a population of one million
 or more is hereby authorized and empowered to adopt and amend local laws
 in accordance with this section to grant a rebate of real property taxes
 for THE fiscal [years] YEAR beginning on the first of July, two thousand
 [three] EIGHTEEN and ending on  the  thirtieth  of  June,  two  thousand
 [nine]  TWENTY  in  the  amount  of  [the  lesser of] UP TO four hundred
 dollars [or] BUT IN NO CASE MORE THAN the annual tax  liability  imposed
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

                       [ ] is old law to be omitted.
                                                            LBD09732-04-8

 S. 4136--B                          2
 
 on the property. [No such local law may be adopted unless, as originally
 adopted, it authorizes such rebate to be granted in accordance with this
 section  for  three  consecutive  fiscal years beginning with the fiscal
 year beginning on the first of July, two thousand three.] No such rebate
 shall  be granted by local law for any fiscal year beginning on or after
 the first of July, two thousand [nine] TWENTY,  unless  the  council  of
 such  city,  in  fixing  the  annual tax rates for any such fiscal year,
 shall have uniformly reduced such rates for all classes of  property  in
 order to produce real property tax relief among such classes of property
 in  an  amount  not less than, in the aggregate, the aggregate amount of
 rebate paid in such fiscal year. [No such  local  law  implementing  the
 provisions of this section, as amended by the chapter of the laws of two
 thousand  seven  which  added  this  sentence, may be adopted unless, as
 originally adopted, such local law authorizes such rebate to be  granted
 in  accordance  with  this  section  for  three consecutive fiscal years
 beginning with the fiscal year beginning on the first of July, two thou-
 sand six.] Any rebate authorized by local law in  accordance  with  this
 section  shall  be paid in the fiscal year following the fiscal year for
 which the rebate is granted. If, with respect to the fiscal year of such
 city beginning on the first of July, two thousand [eight]  EIGHTEEN  and
 ending on the thirtieth of June, two thousand [nine] TWENTY, an increase
 in  average  real property tax rates would otherwise be necessary in the
 resolution of such city council fixing real property tax rates for  such
 fiscal  year pursuant to the charter of such city, then the rebate to be
 paid for such fiscal year shall be reduced  or  eliminated  as  follows:
 where  the  sum to be raised by such increase is less than seven hundred
 fifty million dollars, then such rebate shall be reduced by fifty  cents
 for  each  dollar  of  increase,  and where the sum to be raised by such
 increase is seven hundred fifty  million  dollars  or  more,  then  such
 rebate shall be eliminated. The determination of the reduction or elimi-
 nation  of  such  rebate  shall  be  set  forth in such resolution after
 consultation with the department of finance of such city and shall  take
 effect  upon the final adoption of such resolution. Such rebate shall be
 paid to an owner or tenant-stockholder who, as of the date the  applica-
 tion  provided  for  in  subdivision four of this section is due, owns a
 one, two or three family residence or a  dwelling  unit  in  residential
 property  held  in the condominium or cooperative form of ownership that
 is the owner or tenant-stockholder's primary  residence  and  meets  all
 other eligibility requirements of this section.  SUCH REBATE MAY BE PAID
 TO  AN  OWNER  OR TENANT-STOCKHOLDER WHO, AS OF THE DATE THE APPLICATION
 PROVIDED FOR IN SUBDIVISION FOUR OF THIS SECTION IS DUE,  OWNS  A  FOUR,
 FIVE  OR SIX FAMILY RESIDENCE OR A DWELLING UNIT IN RESIDENTIAL PROPERTY
 HELD IN THE CONDOMINIUM OR COOPERATIVE FORM OF  OWNERSHIP  THAT  IS  THE
 OWNER  OR  TENANT-STOCKHOLDER'S  PRIMARY  RESIDENCE  AND MEETS ALL OTHER
 ELIGIBILITY REQUIREMENTS OF THIS SECTION.  Notwithstanding  anything  to
 the  contrary  in sections four hundred twenty-one-a, four hundred twen-
 ty-one-b or four  hundred  twenty-one-g  of  this  title,  an  owner  or
 tenant-stockholder whose property is receiving benefits pursuant to such
 sections  shall  not  be  prohibited from receiving a rebate pursuant to
 this section if such owner or tenant-stockholder is  otherwise  eligible
 to  receive  such  rebate.    Tenant-stockholders of dwelling units in a
 cooperative apartment  corporation  incorporated  as  a  mutual  company
 pursuant  to  article  two,  four, five or eleven of the private housing
 finance law shall not be entitled  to  the  rebate  authorized  by  this
 section.  Such  rebate  shall  be paid by the commissioner of finance to

 S. 4136--B                          3
 
 eligible owners or tenant-stockholders in accordance with rules  promul-
 gated by the commissioner of finance.
   §  3.  Subparagraph 1 of paragraph a of subdivision 2 of section 467-e
 of the real property tax law, as added by section 1 of part V of chapter
 60 of the laws of 2004, is amended to read as follows:
   (1) the property must be a one, two or three family residence or resi-
 dential property held in the condominium or cooperative form  of  owner-
 ship OR MAY BE A FOUR, FIVE OR SIX FAMILY RESIDENCE OR RESIDENTIAL PROP-
 ERTY HELD IN THE CONDOMINIUM OF COOPERATIVE FORM OF OWNERSHIP;
   § 4. Paragraph c of subdivision 3 of section 467-e of the real proper-
 ty tax law, as added by section 1 of part V of chapter 60 of the laws of
 2004, is amended to read as follows:
   c.  "Property"  means a one, two [or], three, FOUR, FIVE OR SIX family
 residence or a dwelling unit in residential property held in the  condo-
 minium or cooperative form of ownership.
   § 5. Paragraph a of subdivision 4 of section 467-e of the real proper-
 ty tax law, as amended by chapter 483 of the laws of 2007, is amended to
 read as follows:
   a. Generally. Notwithstanding any provision of any general, special or
 local  law to the contrary, an application for a rebate pursuant to this
 section for the fiscal year beginning the first of  July,  two  thousand
 [three]  EIGHTEEN, shall be made no later than the date published by the
 commissioner of finance in the city  record  and  in  other  appropriate
 general  notices  pursuant  to  this subdivision, which date shall be no
 earlier than thirty days after the effective date of  this  subdivision.
 [An  application  for a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand four and ending on
 the thirtieth of June, two thousand six, shall be made no later than the
 fifteenth of March of the fiscal year for which the rebate  is  claimed.
 An  application  for  a rebate pursuant to this section for fiscal years
 beginning on or after the first of July, two thousand six, shall be made
 no later than the first of September following the fiscal year for which
 the rebate is claimed.] All owners or  tenant-stockholders  of  property
 who  primarily  reside  thereon must jointly file an application for the
 rebate on or before the application  deadline,  unless  such  owners  or
 tenant-stockholders  currently  receive  a  real  property tax exemption
 pursuant to section four hundred twenty-five, four hundred  fifty-eight,
 four  hundred  fifty-eight-a,  four hundred fifty-nine-c or four hundred
 sixty-seven of this title, in which case no separate application  for  a
 rebate  pursuant to this section shall be required. Such application may
 be filed by mail if it is  enclosed  in  a  postpaid  envelope  properly
 addressed  to the commissioner of finance, deposited in a post office or
 official depository under the exclusive care of the United States postal
 service, and postmarked by the United States postal service on or before
 the application deadline. Each such application shall be made on a  form
 prescribed  by  the  commissioner  of  finance,  which shall require the
 applicant to agree to notify the commissioner of finance if his, her  or
 their  primary  residence changes after receiving the rebate pursuant to
 this section, or after filing an application for such  rebate,  if  his,
 her  or  their  primary residence changes after filing such application,
 but before receiving such rebate.    The  commissioner  of  finance  may
 request  that  proof of primary residence be submitted with the applica-
 tion. No rebate pursuant to this section shall  be  granted  unless  the
 applicant,  if  required to do so by this subdivision, files an applica-
 tion within the time [periods] PERIOD prescribed in this subdivision.
   § 6. This act shall take effect immediately.