Senate Bill S6736

2021-2022 Legislative Session

Exempts a recovery of an award from the September eleventh victim compensation fund from income

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Aging 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2021-S6736 (ACTIVE) - Details

See Assembly Version of this Bill:
A7410
Current Committee:
Senate Aging
Law Section:
Real Property Tax Law
Laws Affected:
Amd §467-c, RPT L
Versions Introduced in 2023-2024 Legislative Session:
A7142

2021-S6736 (ACTIVE) - Summary

Exempts a recovery of an award from the September eleventh victim compensation fund from income.

2021-S6736 (ACTIVE) - Sponsor Memo

2021-S6736 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6736
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               May 13, 2021
                                ___________
 
 Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
   printed to be committed to the Committee on Judiciary
 
 AN  ACT  to  amend the real property tax law, in relation to exempting a
   recovery of an award from the September eleventh  victim  compensation
   fund from income

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph f of subdivision 1 of section 467-c of  the  real
 property  tax  law,  as  amended  by chapter 500 of the laws of 2001, is
 amended to read as follows:
   f. "Income" means income received by the eligible head of  the  house-
 hold combined with the income of all other members of the household from
 all  sources after deduction of all income and social security taxes and
 includes without limitation, social security  and  retirement  benefits,
 supplemental  security  income  and  additional  state  payments, public
 assistance benefits, interest, dividends, net rental income, salary  and
 earnings,  and  net  income  from self employment, but shall not include
 gifts or inheritances, RECOVERY OF AN AWARD FROM THE SEPTEMBER  ELEVENTH
 VICTIM  COMPENSATION  FUND  OF  TWO THOUSAND ONE ESTABLISHED PURSUANT TO
 TITLE IV OF THE FEDERAL AIR TRANSPORTATION SAFETY AND SYSTEM  STABILIZA-
 TION  ACT, P.L. 107-42, AS AMENDED, payments made to individuals because
 of their status as victims  of  Nazi  persecution  as  defined  in  P.L.
 103-286, nor increases in benefits accorded pursuant to the social secu-
 rity act or a public or private pension paid to any member of the house-
 hold  which  increase,  in  any given year, does not exceed the consumer
 price index (all items United States city average) for such  year  which
 take effect after the eligibility date of an eligible head of the house-
 hold  receiving benefits hereunder whether received by the eligible head
 of the household or any other member of the household. When the eligible
 head of the household has retired on or after the  commencement  of  the
 taxable period and prior to the date of making an application for a rent
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.