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History
- Referred to veterans, homeland security and military affairs
- Reported and committed to finance
- Referred to veterans, homeland security and military affairs
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to prohibiting the increase in real property tax liability of veterans receiving an exemption
In Assembly Committee · Veterans' Affairs · Sponsor Michael Cusick
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1098
Title of bill
An act to amend the real property tax law, in relation to prohibiting the increase in real property tax liability of veterans receiving an exemption
Purpose
To ensure that Veterans who qualify for certain exemptions from property tax, do not see unreasonable increases in their tax liability in recognition of their service to our nation.
Summary of provisions
Section 458 of the real property tax law is amended to add a new subdivision 5-a, to ensure that the tax liability of a veteran who qualifies for a property tax exemption, shall be frozen at its current level.
Statement in support
This bill would provide a well deserved benefit to Veterans who currently qualify for a property tax exemption. The purpose of this legislation is to essentially freeze a qualified veterans tax liability at its current level. The bill will serve not only as a well deserved benefit to our heroic veterans, but also as a tool to increase recruitment at a time when our military is engaged in several conflicts around the globe.
Legislative history
S5100 of 2011-12; Referred to Veterans, Homeland Security & Military Affairs
Fiscal impact
None to the State
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.