S1098-2013 Actions

• Jan 9, 2013: REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS

S1098-2013 Memo

BILL NUMBER:S1098

TITLE OF BILL:
An act
to amend the real property tax law, in relation to prohibiting the
increase in real property tax liability of veterans receiving an
exemption

PURPOSE:
To ensure that Veterans who qualify for certain exemptions
from property tax, do not see unreasonable increases in their tax
liability in recognition of their service to our nation.

SUMMARY OF PROVISIONS:
Section 458 of the real property tax law is amended to add a new
subdivision 5-a, to ensure that the tax liability of a veteran who
qualifies for a property tax exemption, shall be frozen at its
current level.

STATEMENT IN SUPPORT:
This bill would provide a well deserved benefit to Veterans who
currently qualify for a property tax exemption. The purpose of this
legislation is to essentially freeze a qualified veterans tax
liability at its current level.
The bill will serve not only as a well deserved benefit to our heroic
veterans, but also as a tool to increase recruitment at a time when
our military is engaged in several conflicts around the globe.

LEGISLATIVE HISTORY:
S5100 of 2011-12; Referred to Veterans, Homeland Security & Military
Affairs

FISCAL IMPACT:
None to the State

EFFECTIVE DATE:
Immediately.

S1098-2013 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         1098
 2013-2014 Regular Sessions
 I N  SENATE
 (PREFILED)
 January 9, 2013
 
 Introduced  by  Sen. MAZIARZ -- read twice and ordered printed, and when
 printed to be committed to the Committee on Veterans, Homeland Securi
 ty and Military Affairs
 

AN ACT to amend the real property tax law, in  relation  to  prohibiting
 the  increase  in real property tax liability of veterans receiving an
 exemption
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1. 

Section  458  of  the real property tax law is amended by
 adding a new subdivision 5-a to read as follows:

 5-A. NOTWITHSTANDING ANY GENERAL OR LOCAL LAW, RULE OR  REGULATION  TO
 THE  CONTRARY, NO MUNICIPAL CORPORATION SHALL INCREASE THE REAL PROPERTY
 TAX LIABILITY OF ANY PARCEL OF REAL PROPERTY WHICH HAS BEEN  GRANTED  AN
 EXEMPTION UNDER THIS SECTION, AS A RESULT OF A REVALUATION, REASSESSMENT
 OR  UPDATE,  AS  DEFINED PURSUANT TO SUBDIVISION TWELVE-A OF SECTION ONE
 HUNDRED TWO OF THIS CHAPTER, ABOVE THE REAL PROPERTY  TAX  LIABILITY  OF
 SUCH  PARCEL ESTABLISHED BY THE ASSESSMENT ROLL PREPARED ON THE BASIS OF
 THE TAXABLE STATUS DATE OCCURRING IMMEDIATELY PRIOR TO SUCH REVALUATION,
 REASSESSMENT OR UPDATE. NO PROVISION OF THIS SECTION SHALL BE  CONSTRUED
 TO  LIMIT  OR PROHIBIT ANY MUNICIPAL CORPORATION, AS DEFINED PURSUANT TO
 SUBDIVISION TEN OF  SECTION  ONE  HUNDRED  TWO  OF  THIS  CHAPTER,  FROM
 INCREASING  THE  RATE  OF  REAL PROPERTY TAXES ASSESSED ON REAL PROPERTY
 LOCATED WITHIN ITS JURISDICTION AS IS OTHERWISE AUTHORIZED AND  PROVIDED
 BY LAW.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02268-01-3

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