Bill Text: NY A05401 | 2015-2016 | General Assembly | Introduced
Bill Title: Provides that veterans who receive tax exemptions granted by school districts shall remain eligible for all tax rebates such veterans would have been eligible for in the absence of such exemptions.
Spectrum: Slight Partisan Bill (Republican 6-2)
Status: (Introduced - Dead) 2016-05-17 - held for consideration in veterans' affairs [A05401 Detail]
Download: New_York-2015-A05401-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
5401
2015-2016 Regular Sessions
I N A S S E M B L Y
February 20, 2015
___________
Introduced by M. of A. LALOR, TENNEY, RAIA, THIELE, SIMANOWITZ --
Multi-Sponsored by -- M. of A. LOPEZ -- read once and referred to the
Committee on Veterans' Affairs
AN ACT to amend the real property tax law, in relation to tax exemptions
for veterans
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 458-a of the real property tax law is amended by
2 adding a new subdivision 10 to read as follows:
3 10. (A) A VETERAN WHO RECEIVES THE EXEMPTION PROVIDED BY THIS SECTION
4 PURSUANT TO A RESOLUTION ADOPTED BY A SCHOOL DISTRICT SHALL REMAIN
5 ELIGIBLE FOR ALL OTHER TAX REBATES SUCH VETERAN WOULD HAVE BEEN ELIGIBLE
6 FOR HAD SUCH EXEMPTION NOT BEEN GRANTED.
7 (B) THE COMMISSIONER SHALL REFUND THE FULL AMOUNT IN TAX REBATES THAT
8 WOULD HAVE BEEN GRANTED TO SUCH VETERANS IN THE ABSENCE OF SUCH
9 EXEMPTION.
10 S 2. This act shall take effect immediately and shall be deemed to
11 have been in full force and effect for taxable years beginning on and
12 after January 1, 2014.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08025-02-5
