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Sponsors
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History
- Referred to aging
- Delivered to assembly
- Passed senateVote 58–1
- Ordered to third reading cal.1459
- Committee discharged and committed to rules
- Print number 7850a
- Amend (t) and recommit to aging
- Referred to aging
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.
Authorizes the granting of a real property tax exemption for persons 65 years of age or older who are tenants residing in a manufactured home park in certain municipal corporations and school districts
In Assembly Committee · Aging · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7850A
Title of bill
An act to amend the real property tax law, in relation to authorizing a tax exemption for senior citizen tenants residing in manufactured home parks in certain municipal corporations and school districts
Purpose
To provide senior manufactured home park tenants with relief from increasing rents.
Summary of provisions
This bill would add a new section 467-i to the real property tax law providing:
* Municipal corporations within a county with a population between one million four hundred ninety thousand and one million five hundred thou- sand based upon the latest decennial federal census (Suffolk County) shall be authorized to provide after adoption of a local law or ordi- nance, a tax exemption for senior citizens who are eligible for enhanced STAR and are manufactured home owners who rent home sites in manufac- tured home parks. The exemption would apply to the increase in yearly property taxes attributable to the park's common property. The tenant would apply yearly for the exemption and would receive a certificate as would the park owner. The park owner would then be required to reduce the rent of the tenant by the amount of the exemption.
* The park owner must indicate a willingness to participate for all qualifying tenants.
The municipality who provides the exemption shall be reimbursed by the State for the cost of administering the program.
Justification
Seniors living in a mobile home parks have been subject to increasing rents on the sites where their homes are located that are straining their finances and threatening their ability to stay in their homes A component of the rent is the real property taxes that are levied on the leased sites. This bill would provide a tax exemption for increased taxes attributable to the seniors for their proportion of the common property which savings must be passed on to the seniors in the form of a reduction in rent.
Legislative history
New bill.
Fiscal implications
To be determined
Effective date
January 1, 2015 and shall apply to real property having a taxable status date on or after the effective date.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.