Bill Text: NY A05924 | 2017-2018 | General Assembly | Introduced


Bill Title: Provides that school districts shall adopt a limited tax exemption relating to the tax on real property which would benefit persons with disabilities and limited income.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2018-01-03 - referred to real property taxation [A05924 Detail]

Download: New_York-2017-A05924-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          5924
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    February 17, 2017
                                       ___________
        Introduced  by M. of A. CURRAN, FINCH, RAIA -- read once and referred to
          the Committee on Real Property Taxation
        AN ACT to amend the real property tax law, in relation to directing  all
          school districts to adopt certain exemptions
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (a) of subdivision 1 of section 459-c of the real
     2  property tax law, as amended by chapter 348 of  the  laws  of  2007,  is
     3  amended to read as follows:
     4    (a)  Real  property owned by one or more persons with disabilities, or
     5  real property owned by a husband, wife, or  both,  or  by  siblings,  at
     6  least  one  of  whom  has a disability, or real property owned by one or
     7  more persons, some of whom qualify under this section and the others  of
     8  whom  qualify  under section four hundred sixty-seven of this title, and
     9  whose income, as hereafter defined, is limited by reason of  such  disa-
    10  bility,  shall  be  exempt from taxation by any municipal corporation in
    11  which located to the extent of fifty per centum of  the  assessed  valu-
    12  ation  thereof  as  hereinafter  provided.  After  a public hearing, the
    13  governing board of a county, city, town or village may adopt a local law
    14  and a school district, other than a school district subject  to  article
    15  fifty-two  of the education law, [may] shall adopt a resolution to grant
    16  the exemption authorized pursuant to this section.
    17    § 2. This act shall take effect immediately and shall apply to  school
    18  years beginning in the year immediately following the year in which this
    19  act shall have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08556-01-7
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