Bill Text: NY A06658 | 2013-2014 | General Assembly | Introduced


Bill Title: Relates to partial tax abatements for certain residential real property.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2013-07-03 - signed chap.97 [A06658 Detail]

Download: New_York-2013-A06658-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 4600                                                  A. 6658
                              2013-2014 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                    April 12, 2013
                                      ___________
       IN  SENATE -- Introduced by Sen. GOLDEN -- read twice and ordered print-
         ed, and when printed to be committed to the Committee on Local Govern-
         ment
       IN ASSEMBLY -- Introduced  by  M.  of  A.  WRIGHT,  SILVER,  BRAUNSTEIN,
         O'DONNELL -- read once and referred to the Committee on Ways and Means
       AN  ACT  to  amend the real property tax law, in relation to partial tax
         abatements for certain property
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision 2 of section 467-a of the real property tax law
    2  is amended by adding a new paragraph (b-1) to read as follows:
    3    (B-1)  NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, THE
    4  PROVISIONS OF THIS SECTION SHALL APPLY TO  ANY  DWELLING  UNIT  HELD  IN
    5  TRUST  SOLELY FOR THE BENEFIT OF A PERSON OR PERSONS WHO WOULD OTHERWISE
    6  BE ELIGIBLE FOR AN ABATEMENT, PURSUANT TO THIS SECTION, WERE SUCH PERSON
    7  OR PERSONS THE OWNER OR OWNERS OF SUCH DWELLING UNIT.
    8    S 2. Paragraph (f) of subdivision 2 of section 467-a of the real prop-
    9  erty tax law, as separately amended by chapters 461 and 473 of the  laws
   10  of 2008, is amended to read as follows:
   11    (f)  For  purposes of this subdivision, a property shall be deemed not
   12  to be receiving complete or partial real property tax exemption  or  tax
   13  abatement  if  the  property  is, or certain dwelling units therein are,
   14  receiving benefits pursuant to section four hundred, four  hundred  two,
   15  four  hundred  four,  four hundred six, four hundred eight, four hundred
   16  ten, four hundred ten-a, four hundred  twelve,  four  hundred  twelve-a,
   17  four hundred sixteen, four hundred eighteen, four hundred twenty-a, four
   18  hundred  twenty-b,  FOUR  HUNDRED  TWENTY-FIVE, four hundred thirty-six,
   19  four hundred  fifty-eight,  four  hundred  fifty-eight-a,  FOUR  HUNDRED
   20  FIFTY-NINE-C,  four  hundred  sixty-two,  four hundred sixty-seven, four
   21  hundred  sixty-seven-b,  [or]  four  hundred  ninety-nine-bbb,  or  four
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10305-01-3
       S. 4600                             2                            A. 6658
    1  hundred  ninety-nine-bbbb of this article, or if the property is receiv-
    2  ing a tax abatement but not a tax exemption  pursuant  to  section  four
    3  hundred eighty-nine of this article.
    4    S  3.  This  act  shall take effect immediately and shall be deemed to
    5  have been in full force and effect on and after June 1, 2012.
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