What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Referred to real property taxation
- Delivered to assembly
- Passed senateVote 61–0
- Ordered to third reading cal.1429
- Committee discharged and committed to rules
- Referred to veterans, homeland security and military affairs
- Print number 3160a
- Amend and recommit to veterans, homeland security and military affairs
- 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.
Authorizes a tax abatement for certain real property occupied by disabled veterans
In Assembly Committee · Real Property Taxation · Sponsor Michael DenDekker
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3160A
Title of bill
An act to amend the real property tax law, in relation to authorizing a tax abatement for certain rental property occupied by disabled veterans
Purpose or general idea of bill
To give municipalities that have rent controlled or rent stabilized dwelling units the power to extend the tax abatement law, which now applies only to senior citizens, to disabled veterans who qualify under the income eligibility provision.
Summary of specific provisions
Section 1. Paragraph b of subdivision 3 of section 467-b of the real property tax law, as amended by section 1 of chapter 129 of the laws of 2014 is amended.
Section 2. Paragraph b of subdivision 3 of section 467-b of the real property tax law, as amended by section 2 of chapter 129 of the laws of 2014 is amended.
Section 3. Paragraph m of subdivision 1 of section 467-c of the real property tax law, as amended by chapter 129 of the laws of 2014 is amended.
Section 4. Paragraph m of subdivision 1 of section 467-c of the real property tax laws, as added by chapter 188 of the laws of 2005 is amended.
Section 5. Establishes effective date.
Justification
A municipality is empowered to pass a local law, ordinance, or resolution granting a partial tax abatement to persons sixty two years or older who live in dwelling units subject to rent control or rent stabilization where the increase over the legal regulated rent exceeds one third of the householder's income.
This bill is a natural and appropriate extension to the tax abatement for senior citizens who live in rent controlled or rent stabilized apartments. Many disabled veterans live on fixed incomes. These men and women deserve a decent standard of living. Those municipalities sensitive to disabled veterans' needs should have this enabling legislation.
Prior legislative history
This bill was previously introduced.
Fiscal implications
None to the state.
Effective date
This act shall take effect immediately; provided that the amendments to section 467-b of the real property tax law made by section one of this act shall be subject to the expiration and reversion of such section pursuant to section 17 of chapter 576 of the laws of 1974, as amended, when upon such date the provision of section two of this act shall take effect.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.