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
- Print number 3466a
- Amend and recommit to investigations and government operations
- 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
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 Section 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 disable and this would enable local governments to grant a tax credit. It would provide relief from locally imposed taxes to those disable persons who are already burdened by their handicap and limited income.
Legislative history
2014-13 S.4007/A.5636; 2012-11 S.3733A/A.7176A; 2009-10 S.3952/A.1901; 2008-07 S.3466/A.1019; 2006-05 S.3951/A.4606; 2004-03 S.4032/A.1351; 2002-01 A.6402; 2000-99 S.1635A/A.2839A; 1998-97 S.1297/A.2074; 1996-95 S.3743/A.6386
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately and apply to all taxable years commencing after December 31, 2016.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.