Bill Text: NY S01699 | 2015-2016 | General Assembly | Amended
Bill Title: Relates to veterans real property tax exemptions and state funding to localities that grant such exemptions.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2016-01-14 - PRINT NUMBER 1699A [S01699 Detail]
Download: New_York-2015-S01699-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 1699--A 2015-2016 Regular Sessions IN SENATE January 14, 2015 ___________ Introduced by Sens. CARLUCCI, ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Home- land Security and Military Affairs -- recommitted to the Committee on Veterans, Homeland Security and Military Affairs in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to veteran alter- native tax exemptions 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 two new subdivisions 10 and 11 to read as follows: 3 10. The assessed value of any exemption granted pursuant to this 4 section shall be entered by the assessor on the assessment roll with the 5 taxable property, with the amount of the exemption entered in a separate 6 column. 7 11. The exemption authorized by this section shall have the effect 8 specified in section thirteen hundred six-b of this chapter. The 9 exemption shall not be considered when determining state aid to educa- 10 tion pursuant to section thirty-six hundred two of the education law, 11 when determining school district debt limits pursuant to law, when 12 determining the amount of taxes to be levied by or on behalf of a school 13 district, when calculating tax rates for a school district, when appor- 14 tioning taxes between or among school districts, when apportioning taxes 15 among classes in a special assessing unit under article eighteen of this 16 chapter, or when apportioning taxes between classes in an approved 17 assessing unit under article nineteen of this chapter. 18 § 2. The real property tax law is amended by adding a new section 19 1306-b to read as follows: 20 § 1306-b. Effect of veterans alternative exemption upon school 21 district taxes; state aid. 1. Levy of taxes; determination of taxes due. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03810-03-5
