Bill Text: NY A06642 | 2011-2012 | General Assembly | Introduced

New York Assembly Bill 6642 (Prior Session Legislation)

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 1-0)

Status: (Introduced - Dead) 2012-04-18 - held for consideration in real property taxation [A06642 Detail]

Download: New_York-2011-A06642-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6642
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                    March 23, 2011
                                      ___________
       Introduced by M. of A. CURRAN -- 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    S  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.
                                                                  LBD08512-01-1