Bill Text: NY S03523 | 2013-2014 | General Assembly | Amended
Bill Title: Relates to exemptions available to veterans.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-02-19 - PRINT NUMBER 3523A [S03523 Detail]
Download: New_York-2013-S03523-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 3523--A A. 4403--A 2013-2014 Regular Sessions S E N A T E - A S S E M B L Y February 5, 2013 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Veterans, Homeland 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 IN ASSEMBLY -- Introduced by M. of A. THIELE -- Multi-Sponsored by -- M. of A. HAWLEY, SWEENEY -- read once and referred to the Committee on Veterans' Affairs -- recommitted to the Committee on Veterans' Affairs in accordance with Assembly Rule 3, sec. 2 -- 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 exemptions available to veterans THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subparagraph (ii) of paragraph (d) of subdivision 2 of 2 section 458-a of the real property tax law, as amended by chapter 518 of 3 the laws of 2013, is amended to read as follows: 4 (ii) Each county, city, town, village or school district may adopt a 5 local law to reduce the maximum exemption allowable in paragraphs (a), 6 (b) and (c) of this subdivision to nine thousand dollars, six thousand 7 dollars and thirty thousand dollars, respectively, or six thousand 8 dollars, four thousand dollars and twenty thousand dollars, respective- 9 ly. Each county, city, town, village or school district is also author- 10 ized to adopt a local law to increase the maximum exemption allowable in 11 paragraphs (a), (b) and (c) of this subdivision to fifteen thousand 12 dollars, ten thousand dollars and fifty thousand dollars, respectively; 13 eighteen thousand dollars, twelve thousand dollars and sixty thousand 14 dollars, respectively; twenty-one thousand dollars, fourteen thousand EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08211-02-4 S. 3523--A 2 A. 4403--A 1 dollars, and seventy thousand dollars, respectively; twenty-four thou- 2 sand dollars, sixteen thousand dollars, and eighty thousand dollars, 3 respectively; twenty-seven thousand dollars, eighteen thousand dollars, 4 and ninety thousand dollars, respectively; thirty thousand dollars, 5 twenty thousand dollars, and one hundred thousand dollars, respectively; 6 thirty-three thousand dollars, twenty-two thousand dollars, and one 7 hundred ten thousand dollars, respectively; thirty-six thousand dollars, 8 twenty-four thousand dollars, and one hundred twenty thousand dollars, 9 respectively; THIRTY-NINE THOUSAND DOLLARS, TWENTY-SIX THOUSAND DOLLARS, 10 AND ONE HUNDRED THIRTY THOUSAND DOLLARS, RESPECTIVELY; FORTY-TWO THOU- 11 SAND DOLLARS, TWENTY-EIGHT THOUSAND DOLLARS, AND ONE HUNDRED FORTY THOU- 12 SAND DOLLARS, RESPECTIVELY; AND FORTY-FIVE THOUSAND DOLLARS, THIRTY 13 THOUSAND DOLLARS AND ONE HUNDRED FIFTY THOUSAND DOLLARS, RESPECTIVELY. 14 In addition, a county, city, town, village or school district which is a 15 "high-appreciation municipality" as defined in this subparagraph is 16 authorized to adopt a local law to increase the maximum exemption allow- 17 able in paragraphs (a), (b) and (c) of this subdivision to thirty-nine 18 thousand dollars, twenty-six thousand dollars, and one hundred thirty 19 thousand dollars, respectively; forty-two thousand dollars, twenty-eight 20 thousand dollars, and one hundred forty thousand dollars, respectively; 21 forty-five thousand dollars, thirty thousand dollars and one hundred 22 fifty thousand dollars, respectively; forty-eight thousand dollars, 23 thirty-two thousand dollars and one hundred sixty thousand dollars, 24 respectively; fifty-one thousand dollars, thirty-four thousand dollars 25 and one hundred seventy thousand dollars, respectively; fifty-four thou- 26 sand dollars, thirty-six thousand dollars and one hundred eighty thou- 27 sand dollars, respectively; FIFTY-SEVEN THOUSAND DOLLARS, THIRTY-EIGHT 28 THOUSAND DOLLARS AND ONE HUNDRED NINETY THOUSAND DOLLARS, RESPECTIVELY; 29 SIXTY THOUSAND DOLLARS, FORTY THOUSAND DOLLARS AND TWO HUNDRED THOUSAND 30 DOLLARS, RESPECTIVELY; SIXTY-THREE THOUSAND DOLLARS, FORTY-TWO THOUSAND 31 DOLLARS AND TWO HUNDRED TEN THOUSAND DOLLARS, RESPECTIVELY; SIXTY-SIX 32 THOUSAND DOLLARS, FORTY-FOUR THOUSAND DOLLARS AND TWO HUNDRED TWENTY 33 THOUSAND DOLLARS, RESPECTIVELY; SIXTY-NINE THOUSAND DOLLARS, FORTY-SIX 34 THOUSAND DOLLARS AND TWO HUNDRED THIRTY THOUSAND DOLLARS, RESPECTIVELY; 35 SEVENTY-TWO THOUSAND DOLLARS, FORTY-EIGHT THOUSAND DOLLARS AND TWO 36 HUNDRED FORTY THOUSAND DOLLARS, RESPECTIVELY; SEVENTY-FIVE THOUSAND 37 DOLLARS, FIFTY THOUSAND DOLLARS AND TWO HUNDRED FIFTY THOUSAND DOLLARS, 38 RESPECTIVELY. For purposes of this subparagraph, a "high-appreciation 39 municipality" means: (A) a special assessing unit that is a city, (B) a 40 county for which the commissioner has established a sales price differ- 41 ential factor for purposes of the STAR exemption authorized by section 42 four hundred twenty-five of this title in three consecutive years, and 43 (C) a city, town, village or school district which is wholly or partly 44 located within such a county. 45 S 2. Subparagraph (iii) of paragraph (c) of subdivision 2 of section 46 458-b of the real property tax law, as amended by chapter 235 of the 47 laws of 2009 and as further amended by section 1 of part W of chapter 56 48 of the laws of 2010, is amended to read as follows: 49 (iii) The exemption provided by paragraph (a) of this subdivision 50 shall be granted for a period of ten years. The commencement of such ten 51 year period shall be governed pursuant to this subparagraph. Where a 52 qualified owner owns qualifying residential real property on the effec- 53 tive date of the local law providing for such exemption, such ten year 54 period shall be measured from the assessment roll prepared pursuant to 55 the first taxable status date occurring on or after the effective date 56 of the local law providing for such exemption. Where a qualified owner S. 3523--A 3 A. 4403--A 1 does not own qualifying residential real property on the effective date 2 of the local law providing for such exemption, such ten year period 3 shall be measured from the assessment roll prepared pursuant to the 4 first taxable status date occurring at least sixty days after the date 5 of purchase of qualifying residential real property; provided, however, 6 that should the veteran apply for and be granted an exemption on the 7 assessment roll prepared pursuant to a taxable status date occurring 8 within sixty days after the date of purchase of residential real proper- 9 ty, such ten year period shall be measured from the first assessment 10 roll in which the exemption occurs. If, before the expiration of such 11 ten year period, such exempt property is sold and replaced with other 12 residential real property, such exemption may be granted pursuant to 13 this subdivision for the unexpired portion of the ten year exemption 14 period. Each county, city, town or village may adopt a local law to 15 reduce the maximum exemption allowable in paragraphs (a) and (b) of this 16 subdivision to six thousand dollars, nine thousand dollars and thirty 17 thousand dollars, respectively, or four thousand dollars, six thousand 18 dollars and twenty thousand dollars, respectively. Each county, city, 19 town, or village is also authorized to adopt a local law to increase the 20 maximum exemption allowable in paragraphs (a) and (b) of this subdivi- 21 sion to ten thousand dollars, fifteen thousand dollars and fifty thou- 22 sand dollars, respectively; twelve thousand dollars, eighteen thousand 23 dollars and sixty thousand dollars, respectively; fourteen thousand 24 dollars, twenty-one thousand dollars and seventy thousand dollars, 25 respectively; sixteen thousand dollars, twenty-four thousand dollars and 26 eighty thousand dollars, respectively; eighteen thousand dollars, twen- 27 ty-seven thousand dollars and ninety thousand dollars, respectively; 28 twenty thousand dollars, thirty thousand dollars and one hundred thou- 29 sand dollars, respectively; twenty-two thousand dollars, thirty-three 30 thousand dollars and one hundred ten thousand dollars, respectively; 31 twenty-four thousand dollars, thirty-six thousand dollars and one 32 hundred twenty thousand dollars, respectively; THIRTY-NINE THOUSAND 33 DOLLARS, TWENTY-SIX THOUSAND DOLLARS, AND ONE HUNDRED THIRTY THOUSAND 34 DOLLARS, RESPECTIVELY; FORTY-TWO THOUSAND DOLLARS, TWENTY-EIGHT THOUSAND 35 DOLLARS, AND ONE HUNDRED FORTY THOUSAND DOLLARS, RESPECTIVELY; AND 36 FORTY-FIVE THOUSAND DOLLARS, THIRTY THOUSAND DOLLARS AND ONE HUNDRED 37 FIFTY THOUSAND DOLLARS, RESPECTIVELY. In addition, a county, city, town 38 or village which is a "high-appreciation municipality" as defined in 39 this subparagraph is authorized to adopt a local law to increase the 40 maximum exemption allowable in paragraphs (a) and (b) of this subdivi- 41 sion to twenty-six thousand dollars, thirty-nine thousand dollars and 42 one hundred thirty thousand dollars, respectively; twenty-eight thousand 43 dollars, forty-two thousand dollars and one hundred forty thousand 44 dollars, respectively; thirty thousand dollars, forty-five thousand 45 dollars and one hundred fifty thousand dollars, respectively; thirty-two 46 thousand dollars, forty-eight thousand dollars and one hundred sixty 47 thousand dollars, respectively; thirty-four thousand dollars, fifty-one 48 thousand dollars and one hundred seventy thousand dollars, respectively; 49 thirty-six thousand dollars, fifty-four thousand dollars and one hundred 50 eighty thousand dollars, respectively; FIFTY-SEVEN THOUSAND DOLLARS, 51 THIRTY-EIGHT THOUSAND DOLLARS AND ONE HUNDRED NINETY THOUSAND DOLLARS, 52 RESPECTIVELY; SIXTY THOUSAND DOLLARS, FORTY THOUSAND DOLLARS AND TWO 53 HUNDRED THOUSAND DOLLARS, RESPECTIVELY; SIXTY-THREE THOUSAND DOLLARS, 54 FORTY-TWO THOUSAND DOLLARS AND TWO HUNDRED TEN THOUSAND DOLLARS, RESPEC- 55 TIVELY; SIXTY-SIX THOUSAND DOLLARS, FORTY-FOUR THOUSAND DOLLARS AND TWO 56 HUNDRED TWENTY THOUSAND DOLLARS, RESPECTIVELY; SIXTY-NINE THOUSAND S. 3523--A 4 A. 4403--A 1 DOLLARS, FORTY-SIX THOUSAND DOLLARS AND TWO HUNDRED THIRTY THOUSAND 2 DOLLARS, RESPECTIVELY; SEVENTY-TWO THOUSAND DOLLARS, FORTY-EIGHT THOU- 3 SAND DOLLARS AND TWO HUNDRED FORTY THOUSAND DOLLARS, RESPECTIVELY; 4 SEVENTY-FIVE THOUSAND DOLLARS, FIFTY THOUSAND DOLLARS AND TWO HUNDRED 5 FIFTY THOUSAND DOLLARS, RESPECTIVELY. For purposes of this subpara- 6 graph, a "high-appreciation municipality" means: (A) a special assessing 7 unit that is a city, (B) a county for which the commissioner has estab- 8 lished a sales price differential factor for purposes of the STAR 9 exemption authorized by section four hundred twenty-five of this title 10 in three consecutive years, and (C) a city, town or village which is 11 wholly or partly located within such a county. 12 S 3. This act shall take effect January 2, 2015; provided that 13 sections one and two of this act shall apply to assessment rolls based 14 on taxable status dates occurring on or after such date.