NY A07414 | 2011-2012 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Republican 9-1)
Status: Introduced on May 4 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 4 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Limits real property assessment increases; caps municipal tax increases in this state; establishes a personal income tax credit for a cap on real property tax based off of a household's income; creates senior tax deferral; defines terms; provides for annual notification to senior taxpayers and permits prepayment of deferred taxes for certain seniors who meet the requirements of the enhanced STAR exemption.
Title
Limits real property assessment increases; caps municipal tax increases in this state; establishes a personal income tax credit for a cap on real property tax based off of a household's income; creates senior tax deferral; defines terms; provides for annual notification to senior taxpayers and permits prepayment of deferred taxes for certain seniors who meet the requirements of the enhanced STAR exemption.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-04 | Assembly | referred to real property taxation |
| 2011-05-04 | Assembly | referred to real property taxation |
