Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 08, 2016 |
referred to aging delivered to senate passed assembly ordered to third reading rules cal.133 rules report cal.133 |
Jun 07, 2016 |
reported |
Jun 06, 2016 |
reported referred to rules |
Jun 01, 2016 |
reported referred to ways and means |
May 26, 2016 |
print number 7248a |
May 26, 2016 |
amend and recommit to aging |
Jan 06, 2016 |
referred to aging |
Apr 29, 2015 |
referred to aging |
Assembly Bill A7248A
2015-2016 Legislative Session
Sponsored By
SKOUFIS
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
Actions
Bill Amendments
co-Sponsors
Joseph Saladino
Andrew Raia
Frank Skartados
multi-Sponsors
Clifford Crouch
Jose Rivera
Jo Anne Simon
Fred Thiele
2015-A7248 - Details
- See Senate Version of this Bill:
- S5294
- Current Committee:
- Senate Aging
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §467, RPT L
- Versions Introduced in 2017-2018 Legislative Session:
-
A1603, S4732
2015-A7248 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7248 2015-2016 Regular Sessions I N A S S E M B L Y April 29, 2015 ___________ Introduced by M. of A. SKOUFIS -- read once and referred to the Commit- tee on Aging AN ACT to amend the real property tax law, in relation to excluding annuity roll-over transfers from taxable income for seniors THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 3 of section 467 of the real property tax law, as amended by chapter 259 of the laws of 2009, is amended to read as follows: (a) if the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for exemption exceeds the sum of three thousand dollars, or such other sum not less than three thousand dollars nor more than twenty-six thousand dollars beginning July first, two thousand six, twenty-seven thousand dollars beginning July first, two thousand seven, twenty-eight thousand dollars beginning July first, two thousand eight, and twenty-nine thousand dollars beginning July first, two thousand nine, as may be provided by the local law, ordinance or resolution adopted pursuant to this section. Income tax year shall mean the twelve month period for which the owner or owners filed a federal personal income tax return, or if no such return is filed, the calendar year. Where title is vested in either the husband or the wife, their combined income may not exceed such sum, except where the husband or wife, or ex-husband or ex-wife is absent from the property as provided in subpar- agraph (ii) of paragraph (d) of this subdivision, then only the income of the spouse or ex-spouse residing on the property shall be considered and may not exceed such sum. Such income shall include social security and retirement benefits, interest, dividends, total gain from the sale or exchange of a capital asset which may be offset by a loss from the sale or exchange of a capital asset in the same income tax year, net rental income, salary or earnings, and net income from self-employment, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04847-04-5
co-Sponsors
Joseph Saladino
Andrew Raia
Frank Skartados
multi-Sponsors
Clifford Crouch
Jose Rivera
Jo Anne Simon
Fred Thiele
2015-A7248A (ACTIVE) - Details
- See Senate Version of this Bill:
- S5294
- Current Committee:
- Senate Aging
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §467, RPT L
- Versions Introduced in 2017-2018 Legislative Session:
-
A1603, S4732
2015-A7248A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7248--A 2015-2016 Regular Sessions I N A S S E M B L Y April 29, 2015 ___________ Introduced by M. of A. SKOUFIS, SALADINO, RAIA, SKARTADOS -- Multi-Spon- sored by -- M. of A. CROUCH, RIVERA, SIMON, THIELE -- read once and referred to the Committee on Aging -- recommitted to the Committee on Aging in accordance with Assembly Rule 3, sec. 2 -- 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 excluding annuity roll-over transfers from taxable income for seniors THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 3 of section 467 of the real property tax law, as amended by chapter 259 of the laws of 2009, is amended to read as follows: (a) if the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for exemption exceeds the sum of three thousand dollars, or such other sum not less than three thousand dollars nor more than twenty-six thousand dollars beginning July first, two thousand six, twenty-seven thousand dollars beginning July first, two thousand seven, twenty-eight thousand dollars beginning July first, two thousand eight, and twenty-nine thousand dollars beginning July first, two thousand nine, as may be provided by the local law, ordinance or resolution adopted pursuant to this section. Income tax year shall mean the twelve month period for which the owner or owners filed a federal personal income tax return, or if no such return is filed, the calendar year. Where title is vested in either the husband or the wife, their combined income may not exceed such sum, except where the husband or wife, or ex-husband or ex-wife is absent from the property as provided in subpar- agraph (ii) of paragraph (d) of this subdivision, then only the income of the spouse or ex-spouse residing on the property shall be considered and may not exceed such sum. Such income shall include social security EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04847-07-6
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