S T A T E O F N E W Y O R K
2011-2012 Regular Sessions
I N A S S E M B L Y
February 1, 2011
Introduced by M. of A. ENGLEBRIGHT -- read once and referred to the
Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to enhancing the
tax relief for senior citizens through the school tax relief program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Paragraph (b) of subdivision 2 of section 425 of the real
2 property tax law, as amended by section 1 of part D-1 of chapter 57 of
3 the laws of 2007, is amended to read as follows:
4 (b) Base figure. [
Subject to the adjustments prescribed below, the]
5 THE base figure for the exemption shall be as follows:
6 (i) [ For the nineteen hundred ninety-eight--ninety-nine school year,
7 the base figure shall be fifty thousand dollars for eligible senior
8 citizens; no exemption shall be allowed for other persons.
9 (ii) For the nineteen hundred ninety-nine--two thousand school year,
10 the base figure shall be fifty thousand dollars for eligible senior
11 citizens, and ten thousand dollars for other eligible persons.
12 (iii) For the two thousand--two thousand one school year, the base
13 figure shall be fifty thousand dollars for eligible senior citizens, and
14 twenty thousand dollars for other eligible persons.
15 (iv) For the two thousand one--two thousand two school year through
16 the two thousand five--two thousand six school year, inclusive, the base
17 figure shall be fifty thousand dollars for eligible senior citizens, and
18 thirty thousand dollars for other eligible persons.
19 (v)] For the [ two thousand six--two thousand seven school year through
20 the] two thousand eight--two thousand nine school year, [ inclusive,] the
21 base figure for the enhanced STAR exemption shall be [ fifty-six] SEVEN-
22 TY-FIVE thousand eight hundred dollars, and the base figure for the
23 basic STAR exemption shall be thirty thousand dollars.
24 [ (vi)] (II) For the two thousand nine--two thousand ten school year
25 and thereafter:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
A. 4138 2
1 (A) The base figure for the enhanced STAR exemption shall equal the
2 prior year's base figure multiplied by the percentage increase in the
3 consumer price index for urban wage earners and clerical workers (CPI-W)
4 published by the United States department of labor, bureau of labor
5 statistics, for the third quarter of the calendar year preceding the
6 applicable school year, as compared to the third quarter of the prior
7 calendar year. If a base figure as so determined is not exactly equal to
8 a multiple of one hundred dollars, it shall be rounded to the nearest
9 multiple of one hundred dollars. It shall be the responsibility of the
10 state board to annually determine such base figures.
11 (B) The base figure for the basic STAR exemption shall be thirty thou-
12 sand dollars.
13 S 2. This act shall take effect immediately; provided, however, that
14 paragraph (b) of subdivision 2 of section 425 of the real property tax
15 law as amended by section one of this act shall apply to exemption
16 applications for the 2010-2011 school year and thereafter.