NY A10807 | 2009-2010 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 11-2)
Status: Introduced on April 21 2010 - 25% progression, died in committee
Action: 2010-04-21 - referred to aging
Pending: Assembly Aging Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 21 2010 - 25% progression, died in committee
Action: 2010-04-21 - referred to aging
Pending: Assembly Aging Committee
Text: Latest bill text (Introduced) [HTML]
Summary
It would allow an owner of a residen- tial property of a 1 or 2 family home or co-op or condominium that is the prime residence of the owner who is 65 years old and has less than $5,000 earned income or $25,000 gross income to defer all property taxes.
Title
Empowers a county or a city with a population of one million or more to provide for deferment of real property taxes owed by persons 65 years of age or older by local law; sets forth procedures for deferment, financing taxes deferred and insuring against loss; provides such tax deferment lien shall be cumulative and shall come due upon sale or conveyance, death of the owner(s) or foreclosure of a security interest in the property.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-04-21 | referred to aging |
Same As/Similar To
S02758 (Same As) 2010-01-06 - REFERRED TO AGING