Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jan 03, 2018 |
referred to local government |
Jan 05, 2017 |
referred to local government |
Senate Bill S891
2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2017-S891 (ACTIVE) - Details
- Current Committee:
- Senate Local Government
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §425, RPT L
- Versions Introduced in 2015-2016 Legislative Session:
-
S5401
2017-S891 (ACTIVE) - Summary
Increases the base figures for the basic and enhanced STAR exemptions for real property in rural areas; defines such rural area as a county with a population of less than 200,000 or, in counties with a greater population, a town having a population density of 150 or fewer persons per square mile.
2017-S891 (ACTIVE) - Sponsor Memo
BILL NUMBER: S891 TITLE OF BILL : An act to amend the real property tax law, in relation to increasing the base figure for basic and enhanced school tax relief exemption for property located in rural areas PURPOSE : Increases the base figures for the basic and enhanced STAR exemptions for real property in rural areas. SUMMARY OF PROVISIONS : Section 1: Amends Subparagraph (vi) of paragraph (b) of subdivision 2 of section 425 of the real property tax law, as added by section 1 of part D-1 of chapter 57 of the laws of 2007, clause (A) as further amended by subdivision (b) of section 1 of part W of chapter 56 of the laws of 2010: Clause (A) is amended to increase the base figure for enhanced STAR exemption to 85,000 dollars in rural areas. Clause (B) is amended to increase the base figure for STAR to 40,000 dollars. Clause (C) established the definition of 'rural' for the purpose of this bill. Section 2: Adds paragraph (m) to subdivision 2 of section 425 of the
2017-S891 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 891 2017-2018 Regular Sessions I N S E N A T E January 5, 2017 ___________ Introduced by Sen. AMEDORE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to increasing the base figure for basic and enhanced school tax relief exemption for property located in rural areas THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (vi) of paragraph (b) of subdivision 2 of section 425 of the real property tax law, as added by section 1 of part D-1 of chapter 57 of the laws of 2007, clause (A) as further amended by subdivision (b) of section 1 of part W of chapter 56 of the laws of 2010, is amended to read as follows: (vi) For the two thousand nine--two thousand ten school year and ther- eafter: (A) The base figure for the enhanced STAR exemption shall equal the prior year's base figure multiplied by the percentage increase in the consumer price index for urban wage earners and clerical workers (CPI-W) published by the United States department of labor, bureau of labor statistics, for the third quarter of the calendar year preceding the applicable school year, as compared to the third quarter of the prior calendar year. If a base figure as so determined is not exactly equal to a multiple of one hundred dollars, it shall be rounded to the nearest multiple of one hundred dollars. It shall be the responsibility of the commissioner to annually determine such base figures. PROVIDED, HOWEV- ER, FOR REAL PROPERTY IN A RURAL AREA, THE BASE FIGURE FOR THE ENHANCED STAR EXEMPTION SHALL BE EIGHTY-FIVE THOUSAND DOLLARS. (B) The base figure for the basic STAR exemption shall be thirty thou- sand dollars; PROVIDED, HOWEVER, FOR REAL PROPERTY IN A RURAL AREA, SUCH BASE FIGURE SHALL BE FORTY THOUSAND DOLLARS. (C) FOR THE PURPOSES OF THIS SECTION, "RURAL AREA" MEANS A COUNTY HAVING A POPULATION OF LESS THAN TWO HUNDRED THOUSAND, OR WITHIN ANY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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