Relates to prorating a veteran's exemption if such veteran moves within the same county, or in the case of a city having a population of one milion or more persons, within the same city.

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A5518A-2011 Actions

• Jun 11, 2012: REFERRED TO RULES
• Jun 11, 2012: delivered to senate
• Jun 11, 2012: passed assembly
• Jun 11, 2012: ordered to third reading rules cal.89
• Jun 11, 2012: rules report cal.89
• Jun 11, 2012: reported
• Jun 6, 2012: reported referred to rules
• May 30, 2012: print number 5518b
• May 30, 2012: amend and recommit to ways and means
• Feb 15, 2012: reported referred to ways and means
• Jan 4, 2012: referred to veterans' affairs
• Jun 7, 2011: reported referred to ways and means
• May 12, 2011: print number 5518a
• May 12, 2011: amend and recommit to veterans' affairs
• Feb 23, 2011: referred to veterans' affairs

A5518A-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                   5518--A

                         2011-2012 Regular Sessions

                            I N  ASSEMBLY

                              February 23, 2011
                                 ___________

  Introduced by M. of A. BRONSON, SCHROEDER -- Multi-Sponsored by -- M. of
    A. BOYLAND, CAHILL, PHEFFER -- read once and referred to the Committee
    on  Veterans'  Affairs  -- committee discharged, bill amended, ordered
    reprinted as amended and recommitted to said committee

  AN ACT to amend the real property tax law, in relation  to  prorating  a
    veteran's exemption if such veteran moves within the same county

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Subdivision 9 of section 458 of the real property tax  law,
  as  amended  by  chapter  503 of the laws of 2008, is amended to read as
  follows:

    9. Notwithstanding the provisions of subdivision one of this  section,
  the  governing body of any municipality may, after public hearing, adopt
  a local law, ordinance or resolution  providing  where  a  veteran,  the
  spouse  of the veteran or unremarried surviving spouse already receiving
  an exemption pursuant to this section sells the property  receiving  the
  exemption and purchases property within the same [city, town or village]
  COUNTY,  OR  IN THE CASE OF A CITY HAVING A POPULATION OF ONE MILLION OR
  MORE PERSONS, WITHIN THE SAME CITY,  the  assessor  shall  transfer  and
  prorate,  for  the remainder of the fiscal year, the exemption which the
  veteran, the spouse of  the  veteran  or  unremarried  surviving  spouse
  received. The prorated exemption shall be based upon the date the veter-
  an,  the  spouse  of the veteran or unremarried surviving spouse obtains
  title to the new property and shall be calculated by multiplying the tax
  rate or rates for each municipal corporation which levied taxes, or  for
  which taxes were levied, on the appropriate tax roll used for the fiscal
  year  or  years  during which the transfer occurred times the previously
  granted exempt amount times the fraction of each fiscal  year  or  years
  remaining  subsequent  to the transfer of title. Nothing in this section
  shall be construed to remove the requirement that any such veteran,  the
  spouse  of  the  veteran or unremarried surviving spouse transferring an

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD07916-03-1

 A. 5518--A                          2

  exemption pursuant to this subdivision shall reapply for  the  exemption
  authorized  pursuant  to this section on or before the following taxable
  status date, in the event such veteran, the spouse  of  the  veteran  or
  unremarried  surviving  spouse wishes to receive the exemption in future
  fiscal years.
    S 2. Subdivision 8 of section 458-a of the real property tax  law,  as
  amended  by  chapter  503  of  the  laws  of 2008, is amended to read as
  follows:

    8. Notwithstanding the provisions of paragraph (c) of subdivision  one
  of  this  section  and  subdivision three of this section, the governing
  body of any municipality may, after public hearing, adopt a  local  law,
  ordinance  or  resolution  providing that where a veteran, the spouse of
  the  veteran  or  unremarried  surviving  spouse  already  receiving  an
  exemption  pursuant  to  this  section  sells the property receiving the
  exemption and purchases property within the same [city, town or village]
  COUNTY, OR IN THE CASE OF A CITY HAVING A POPULATION OF ONE  MILLION  OR
  MORE  PERSONS,  WITHIN  THE  SAME  CITY, the assessor shall transfer and
  prorate, for the remainder of the fiscal year, the  exemption  received.
  The  prorated  exemption  shall  be based upon the date the veteran, the
  spouse of the veteran or unremarried surviving spouse obtains  title  to
  the  new property and shall be calculated by multiplying the tax rate or
  rates for each municipal corporation which levied taxes,  or  for  which
  taxes  were levied, on the appropriate tax roll used for the fiscal year
  or years during which the transfer occurred times the previously granted
  exempt amount times the fraction of each fiscal year or years  remaining
  subsequent  to  the  transfer of title. Nothing in this section shall be
  construed to remove the requirement that any such veteran, the spouse of
  the veteran or unremarried surviving spouse  transferring  an  exemption
  pursuant  to this subdivision shall reapply for the exemption authorized
  pursuant to this section on or before the following taxable status date,
  in the event such veteran, the spouse  of  the  veteran  or  unremarried
  surviving spouse wishes to receive the exemption in future fiscal years.
    S  3.  This  act  shall take effect immediately and shall apply to the
  levy of taxes based on the 2011 assessment roll in an approved assessing
  unit.