Extends the real property tax exemption for veterans organizations to include property so owned which is occupied by any person although not also entitled to exemption.
TITLE OF BILL: An act to amend the real property tax law, in relation to extending real property exemption for veterans' organizations to include property so owned which is occupied by any person although not also entitled to exemption
PURPOSE: Extends real property tax exemption for veterans organizations to include property occupied by any person although not entitled to exemption.
SUMMARY OF PROVISIONS:
Section 1: Declares legislative intent and findings.
Section 2: Subdivision a of section 452 of the real property tax law is amended to state that net income, of real property owned by organizations of persons pursuant to the provisions of section two of the benevolent orders law shall be entitled to an exemption if so eligible as provided by this section.
Section 3: States the effective date.
JUSTIFICATION: Presently, most veterans' organizations support their charitable, educational, and veteran's programs by renting space in their buildings. However, if the renter/tenant is not an exempt entity, the rental portion is taxable. This taxation has a devastating effect on the posts' maintenance and programs. This law would seek to clarify that such income is now exempt from taxation, as was originally intended.
LEGISLATIVE HISTORY: 2012: S. 4217-A - Referred to Local Government
FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: This act shall take effect immediately, with provisions.
STATE OF NEW YORK ________________________________________________________________________ 3404 2013-2014 Regular Sessions IN SENATE February 1, 2013 ___________Introduced by Sen. ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to extending real property exemption for veterans' organizations to include property so owned which is occupied by any person although not also entitled to exemption THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings and purpose. The legislature hereby finds and declares that, presently, most veterans' organizations support their charitable, educational, and veterans' programs by renting space in their buildings. However, if the renter/tenant is not an exempt enti- ty, the rental portion is taxable. This taxation has a devastating effect on the posts' maintenance and programs. S 2. Section 452 of the real property tax law, subdivision 1 as amended by chapter 610 of the laws of 1960 and subdivision 3 as added by chapter 524 of the laws of 1986, is amended to read as follows: S 452. Veterans organizations. 1. Real property owned by AN ORGANIZA- TION OF PERSONS ORGANIZED PURSUANT TO THE PROVISIONS OF SECTION TWO OF THE BENEVOLENT ORDERS LAW OR a corporation, association or post composed of veterans of the Grand Army of the Republic, Veterans of Foreign Wars, Disabled American Veterans, the United Spanish War Veterans, the Jewish War Veterans of the United States, Inc., Catholic War Veterans, Inc., the American Legion, AMVETS, American Veterans of World War II, Italian American War Veterans of the United States, Incorporated, Masonic War Veterans of the State of New York, Incorporated, and any other corpo- ration or association of veterans of the armed forces of the United States in any war,
[actually and exclusively used and occupied]THE ENTIRE NET INCOME OF WHICH REAL PROPERTY IS EXCLUSIVELY APPLIED OR TO BE USED TO THE CARRYING, MAINTENANCE AND DEPRECIATION CHARGES OF THE PROP- ERTY OR PORTION THEREOF, AS THE CASE MAY BE, AND THE REMAINDER TO THEEXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05846-01-3 S. 3404 2
SUPPORT OF THE CHARITABLE, EDUCATION OR VETERANS' PROGRAMS MAINTAINED by such corporation, association or post shall be exempt from taxation and exempt from special ad valorem levies and special assessments to the extent provided in section four hundred ninety of this chapter. 2.
[Such real property shall be so exempt although it or a portion thereof is used by another corporation or association whose real proper- ty would be entitled to an exemption pursuant to any section in titles one or two of this article except sections four hundred eight, four hundred forty, four hundred sixty-six or four hundred seventy-eight, if such corporation or association itself owned such real property, as long as any moneys paid to the owning corporation, association or post by the using corporation or association do not exceed the amount of carrying, maintenance and depreciation charges of the property or portion thereof, as the case may be. If a portion of such real property is actually and exclusively used by any person whose real property would not be so enti- tled to an exemption, such portion shall be subject to taxation, special ad valorem levies and special assessments and the remaining portion only shall be exempt as provided herein. 3.]Real property owned by a soldiers' monument corporation organized pursuant to section fourteen hundred five of the not-for-profit corpo- ration law shall be eligible for [full or partial]exemption from taxa- tion as provided in this section if: (a) such property is not used in such manner as entitles it to exemption pursuant to section four hundred forty-two of this chapter, and (b) the membership of such corporation is composed of specified veter- ans as provided in subdivision one of this section [, and (c) such property is, notwithstanding any provision of such corpo- ration's certificate of incorporation to the contrary, actually and exclusively used and occupied by such corporation in a manner otherwise entitling it to exemption under subdivision one or two of this section]. S 3. This act shall take effect immediately and shall be deemed to have been in full force and effect on and after April 1, 2012.