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History
- Referred to investigations and government operations
- Referred to investigations and government operations
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.
Creates a real property tax credit for disabled persons
In Assembly Committee · Ways And Means · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4007
Title of bill
An act to amend the tax law, in relation to creating a tax credit for disabled persons; qualification
Purpose
This legislation would add an additional category of property owners and renters who would be eligible for circuit breaker tax relief.
Summary of provisions
This bill amends § 606 of the Tax Law, adding a new subsection (c-2) creating a real property tax credit for disabled persons modeled after the "Circuit Breaker" tax credit which now exists for senior citizens and certain individuals.
Justification
This act provides tax relief to those disabled persons who qualify for federal Social security benefits and are property owners or renters that pay a disproportionate amount of property tax in relation to their household income. The state recognizes the needs of the disabled and this would enable local governments to grant a tax credit. It would provide relief from locally imposed taxes to those disabled persons who are already burdened by their handicap and limited income.
Prior legislative history
2011-12:A.7176-A/S.3733-A 2009-10:A.1901/S.3952 2007-08:A.1019/S.3466 2005-06:A.4604/S.3951 2003-04:A.1351/S.4032 2001-02:A.6402 1999-02:A.2839-A/S.1635-A 1997-98:A.2074/S.1297 1995-96:A.6386/S.3743
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately and apply to all taxable years commencing after December 31, 2013.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.