Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 25, 2017 |
signed chap.131 |
Jul 19, 2017 |
delivered to governor |
Jun 21, 2017 |
returned to senate passed assembly ordered to third reading rules cal.651 substituted for a7463a |
May 17, 2017 |
referred to aging delivered to assembly passed senate |
May 02, 2017 |
amended on third reading 4628a |
Mar 13, 2017 |
advanced to third reading |
Mar 08, 2017 |
2nd report cal. |
Mar 07, 2017 |
1st report cal.379 |
Feb 23, 2017 |
referred to aging |
Senate Bill S4628A
Signed By Governor2017-2018 Legislative Session
Sponsored By
(D, IP) Senate District
Archive: Last Bill Status - Signed by Governor
- 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
Votes
Bill Amendments
co-Sponsors
(D, WF) 47th Senate District
(D, WF) Senate District
2017-S4628 - Details
2017-S4628 - Sponsor Memo
BILL NUMBER: S4628 TITLE OF BILL : An act to amend the real property tax law, in relation to increasing the allowable maximum income of certain persons otherwise eligible for tax abatement in certain cases PURPOSE : Enhanced SCHE and DHE In the FY 2014-15 budget the IDC was able to raise the income limit for the SCRIE program from $29,000 to $50,000. Eventually the DRIE limit was similarly raised. Unfortunately, the Senior Citizen Homeowners' Exemption (SCHE) and the Disabled Homeowners' Exemption (DHE) programs, the homeowner equivalents, remain at the lower $29,000 income level. The IDC wants to ensure parity by making the maximum income level $50,000 for SCHE and DHE. SUMMARY OF PROVISIONS : Section 1 of the bill amends section 467 (3)(a) of the real property tax law - for the SCHE program, beginning July 1, 2017, this bill permits localities to grant a fifty percent property-tax assessment reduction to senior property owners whose income, or the combined income of all owners of the property, does not exceed fifty thousand dollars.
2017-S4628 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4628 2017-2018 Regular Sessions I N S E N A T E February 23, 2017 ___________ Introduced by Sen. SAVINO -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the real property tax law, in relation to increasing the allowable maximum income of certain persons otherwise eligible for tax abatement in certain cases THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 3 of section 467 of the real property tax law, as amended by chapter 259 of the laws of 2009, is amended to read as follows: (a) if the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for exemption exceeds the sum of three thousand dollars, or such other sum not less than three thousand dollars nor more than twenty-six thousand dollars beginning July first, two thousand six, twenty-seven thousand dollars beginning July first, two thousand seven, twenty-eight thousand dollars beginning July first, two thousand eight, [and] twenty-nine thousand dollars beginning July first, two thousand nine, AND FIFTY THOUSAND DOLLARS BEGINNING JULY FIRST, TWO THOUSAND SEVENTEEN, as may be provided by the local law, ordinance or resolution adopted pursuant to this section. Income tax year shall mean the twelve month period for which the owner or owners filed a federal personal income tax return, or if no such return is filed, the calendar year. Where title is vested in either the husband or the wife, their combined income may not exceed such sum, except where the husband or wife, or ex-husband or ex-wife is absent from the property as provided in subpar- agraph (ii) of paragraph (d) of this subdivision, then only the income of the spouse or ex-spouse residing on the property shall be considered and may not exceed such sum. Such income shall include social security and retirement benefits, interest, dividends, total gain from the sale or exchange of a capital asset which may be offset by a loss from the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
(D) Senate District
(D) Senate District
(D) 14th Senate District
(D) 22nd Senate District
2017-S4628A (ACTIVE) - Details
2017-S4628A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4628A TITLE OF BILL : An act to amend the real property tax law, in relation to increasing the allowable maximum income of certain persons otherwise eligible for tax abatement in certain cases PURPOSE : To enhance the SCHE and DHE programs for cities with a population of one million or more and provide parity with the SCRIE and DRIE Program, by increasing the eligibility level. SUMMARY OF PROVISIONS : Section 1 of the bill amends section 467 (3)(a) of the real property tax law - for the SCHE program, beginning July 1, 2017, this bill permits a city with a population of one million or more to grant a fifty percent property-tax assessment reduction to senior property owners whose income, or the combined income of all owners of the property, does not exceed fifty thousand dollars. Section 2 of the bill amends section 459-c (5) (a) of the real property tax law - for the DHE program, beginning July 1, 2017, this bill permits a city with a population of one million or more to grant a fifty percent property-tax assessment reduction to disabled property owners receiving enumerated disability benefits whose income, or the
2017-S4628A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4628--A Cal. No. 379 2017-2018 Regular Sessions I N S E N A T E February 23, 2017 ___________ Introduced by Sens. SAVINO, HOYLMAN, PERALTA -- read twice and ordered printed, and when printed to be committed to the Committee on Aging -- reported favorably from said committee, ordered to first and 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 increasing the allowable maximum income of certain persons otherwise eligible for tax abatement in certain cases THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 3 of section 467 of the real property tax law, as amended by chapter 259 of the laws of 2009, is amended to read as follows: (a) if the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for exemption exceeds the sum of three thousand dollars, or such other sum not less than three thousand dollars nor more than twenty-six thousand dollars beginning July first, two thousand six, twenty-seven thousand dollars beginning July first, two thousand seven, twenty-eight thousand dollars beginning July first, two thousand eight, [and] twenty-nine thousand dollars beginning July first, two thousand nine, AND IN A CITY WITH A POPULATION OF ONE MILLION OR MORE FIFTY THOU- SAND DOLLARS BEGINNING JULY FIRST, TWO THOUSAND SEVENTEEN, as may be provided by the local law, ordinance or resolution adopted pursuant to this section. Income tax year shall mean the twelve month period for which the owner or owners filed a federal personal income tax return, or if no such return is filed, the calendar year. Where title is vested in either the husband or the wife, their combined income may not exceed such sum, except where the husband or wife, or ex-husband or ex-wife is absent from the property as provided in subparagraph (ii) of paragraph (d) of this subdivision, then only the income of the spouse or ex-spouse EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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