Bill Text: NY A09943 | 2015-2016 | General Assembly | Introduced

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Bill Title: Repeals provisions relating to the transition of the school tax relief property tax exemption to a personal income tax credit.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-06-15 - held for consideration in ways and means [A09943 Detail]

Download: New_York-2015-A09943-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          9943
                   IN ASSEMBLY
                                       May 2, 2016
                                       ___________
        Introduced  by M. of A. GALEF -- read once and referred to the Committee
          on Real Property Taxation
        AN ACT to repeal part A of chapter 60 of the laws of 2016  amending  the
          real  property  tax  law and the tax law relating to transitioning the
          school tax relief (STAR) exemption into a personal income tax  credit,
          relating thereto
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Part A of chapter 60 of the laws of 2016 amending the  real
     2  property  tax  law  and the tax law relating to transitioning the school
     3  tax relief (STAR)  exemption  into  a  personal  income  tax  credit  is
     4  REPEALED.
     5    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15042-01-6