Bill Text: NY S04173 | 2011-2012 | General Assembly | Introduced
Bill Title: Allows a city of one million or more to provide tax and rent relief to senior citizens based on the metered use of water in a dwelling unit.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2012-06-21 - COMMITTED TO RULES [S04173 Detail]
Download: New_York-2011-S04173-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 4173 2011-2012 Regular Sessions I N S E N A T E March 22, 2011 ___________ Introduced by Sen. SAVINO -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the real property tax law, in relation to senior citizen water rate relief THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 1 of section 467 of the real property tax law 2 is amended by adding a new paragraph (e) to read as follows: 3 (E) IN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, ANY LOCAL 4 LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO THIS SECTION MAY BE 5 AMENDED OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE ADOPTED TO 6 PROVIDE THAT THE EXEMPTION SHALL BE COMPUTED TO TAKE INTO ACCOUNT ANY 7 FEE OR ASSESSMENT PAID TO SUCH CITY BASED ON THE METERED USE OF WATER 8 ATTRIBUTABLE TO SUCH REAL PROPERTY. 9 S 2. Section 467-b of the real property tax law is amended by adding a 10 new subdivision 10 to read as follows: 11 10. IN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, ANY LOCAL 12 LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO THIS SECTION MAY BE 13 AMENDED OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE ADOPTED TO 14 PROVIDE THAT AMOUNT OF REAL PROPERTY TAX ON WHICH THE TAX ABATEMENT IS 15 CALCULATED SHALL ALSO INCLUDE THE AMOUNT PAID TO SUCH CITY BASED ON THE 16 METERED USE OF WATER ATTRIBUTABLE TO SUCH PROPERTY. 17 S 3. Section 467-c of the real property tax law is amended by adding a 18 new subdivision 13 to read as follows: 19 13. IN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, ANY LOCAL 20 LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO THIS SECTION MAY BE 21 AMENDED OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE ADOPTED TO 22 PROVIDE THAT THE RENT INCREASE EXEMPTION/TAX ABATEMENT SHALL BE COMPUTED 23 TO TAKE INTO ACCOUNT ANY FEE OR ASSESSMENT PAID TO SUCH CITY BASED ON 24 THE METERED USE OF WATER ATTRIBUTABLE TO SUCH REAL PROPERTY. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05089-01-1 S. 4173 2 1 S 4. This act shall take effect on the first of January next succeed- 2 ing the date on which it shall have become a law, provided that the 3 amendments to section 467-b of the real property tax law made by section 4 two of this act shall expire on the same date as such section expires 5 pursuant to section 17 of chapter 576 of the laws of 1974, as amended.