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Who cares
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Sponsors
2 Co-sponsors
History
- Referred to local government
- Returned to senate
- Died in assembly
- Referred to real property taxation
- Delivered to assembly
- Passed senateVote 63–0
- Amended on third reading 553b
- Amended on third reading 553a
- Advanced to third reading
- 2nd report cal.
- 1st report cal.583
- Referred to local government
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.
Permits municipalities the local option of providing a tax exemption to certain National Guard members and reservists
In Assembly Committee · Real Property Taxation · Sponsor Michael Cusick
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S553B
Title of bill
An act to amend the real property tax law, in relation to permitting municipalities the local option of providing a tax exemption to certain National Guard members and reservists
Purpose
To provide a tax exemption for U.S. Military reservists and members of the National Guard after 20 years of favorable service.
Summary of provisions
Section 1 - Amends the real property tax law by adding a new section 458-C.
Section 2 - Establishes the effective date
Justification
Currently military veterans are permitted certain tax exemptions depending upon the locality in which they live. However, reservists and National Guard members are not eligible for those exemptions. This bill would grant localities the option of offering a 5% reduction to reservists and National Guard members who have served our country for a period of not less than 20 years and are not eligible for any other military property tax exemption.
Legislative history
New Bill
Fiscal implications
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.