Bill Title: Provides for the imposition of a fixed real property assessed value on residential property owned by persons 65 years of age or older, when such owners have a combined annual income of $100,000 or less and the property taxes on such property equals or exceeds 6% of the owners' combined annual income; provides for state reimbursement to municipalities for tax revenue lost pursuant to such fixed real property assessed value.

Spectrum: Moderate Partisan Bill (Republican 7-1)

Status: (Introduced - Dead) 2012-04-18 - held for consideration in real property taxation [A05571 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2011-05-25	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York A05571

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York A05571 currently on file.

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