Bill Text: NY A09688 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to limitations on real property tax exemptions for veterans in the city of New York; requires the local legislative body to adopt a local law providing the exemption.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2016-09-28 - signed chap.332 [A09688 Detail]
Download: New_York-2015-A09688-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9688 IN ASSEMBLY March 30, 2016 ___________ Introduced by M. of A. CUSICK -- read once and referred to the Committee on Veterans' Affairs AN ACT to amend the real property tax law, in relation to limitations on real property tax exemptions for veterans in the city of New York The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (i) of paragraph d of subdivision 2 of section 2 458-a of the real property tax law, as amended by chapter 430 of the 3 laws of 2014, is amended to read as follows: 4 (i) The exemption from taxation provided by this subdivision shall be 5 applicable to county, city, town, village and school district taxation 6 if the governing body of the school district in which the property is 7 located, or in the case of a city with a population of one million or 8 more, the local legislative body, after public hearings, adopts a resol- 9 ution, or in the case of a city with a population of one million or 10 more, a local law, providing such exemption, the procedure for such 11 hearing and resolution or local law shall be conducted separately from 12 the procedure for any hearing and local law or resolution conducted 13 pursuant to subparagraph (ii) of this paragraph, paragraph (b) of subdi- 14 vision four, paragraph (d) of subdivision six and paragraph (b) of 15 subdivision seven of this section. 16 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14868-01-6