Bill Text: NY S01995 | 2011-2012 | General Assembly | Introduced

---

Bill Title: Extends real property partial tax exemptions for qualified veterans to include taxes for school purposes.

Spectrum: Moderate Partisan Bill (Republican 6-1)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS [S01995 Detail]

Download: New_York-2011-S01995-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1995
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 14, 2011
                                      ___________
       Introduced by Sens. GOLDEN, DeFRANCISCO, MAZIARZ, RANZENHOFER, ZELDIN --
         read  twice  and  ordered printed, and when printed to be committed to
         the Committee on Veterans, Homeland Security and Military Affairs
       AN ACT to amend the real property tax law, in relation to partial  prop-
         erty tax exemptions of school taxes for qualified veterans
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subparagraph (i) of  paragraph  (d)  of  subdivision  2  of
    2  section  458-a  of the real property tax law, as added by chapter 525 of
    3  the laws of 1984, is amended to read as follows:
    4    (i) The exemption from taxation provided by this subdivision shall  be
    5  applicable to county, city, town and village taxation, [but shall not be
    6  applicable to] AND taxes levied for school purposes.
    7    S  2. Paragraph 3 of subdivision 1 of section 458 of the real property
    8  tax law, as amended by chapter 733 of the laws of 1959,  is  amended  to
    9  read as follows:
   10    (3)  If  the assessors are satisfied that the applicant is entitled to
   11  any exemption, they shall make appropriate entries upon the  assessment-
   12  roll  opposite  the  description of such property and subtract the total
   13  amount of such exemption from the total amount assessed pursuant to  the
   14  provisions  of  paragraph one of this subdivision. Such entries shall be
   15  made and continued in each assessment of the property so long as  it  is
   16  exempt  from taxation for any purpose. Such real property, to the extent
   17  of the exemption entered by the assessors, shall be exempt  from  state,
   18  county  and general municipal taxation, [but shall be taxable] AND TAXA-
   19  TION for local school purposes. The provisions herein, relating  to  the
   20  assessment and exemption of property purchased with eligible funds apply
   21  and  shall  be enforced in each municipal corporation authorized to levy
   22  taxes.
   23    S 3. This act shall take effect on the first of January next  succeed-
   24  ing  the date on which it shall have become a law and shall apply to all
   25  assessment rolls completed on and after such date.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03517-01-1