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Sponsors
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History
- Recommit, enacting clause stricken
- Referred to veterans, homeland security and military affairs
Companion bills
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.
Relates to prorating a veteran's exemption if such veteran moves within the same county
Signed by Governor · Sponsor Thomas Croci
Relates to prorating a veteran's exemption if such veteran moves within the same county
Assembly Floor Calendar · Sponsor Harry B. Bronson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3992
Title of bill
An act to amend the real property tax law, in relation to prorating a veteran's exemption if such veteran moves within the same county
Purpose
To ensure that veterans already receiving property tax exemptions, continue to receive such exemptions upon moving within the same county.
Summary of provisions
Section 1: Amends Section 458 of the real property tax law, as added by chapter 166 of the laws of 2006. Currently, a veteran already receiving a property tax exemption can sell the property receiving the exemption and purchase property within the same city, town, or village and have the exemption transferred and prorated for the remainder of the fiscal year. Section 458 is amended, replacing "city, town, or village" with "county".
Section 2: Amends Section 458-a of the real property tax law, as added by chapter 166 of the laws of 2006, also replacing "city, town, or village" with "county".
Justification
This Legislature has supported and defended the rights of New York State's veterans. New York continues to thank and reward our servicemen and women for the personal sacrifices they have made while protecting our state and our nation. Our veterans have served in peace-time and during wartime, whenever they were needed.
Veterans living in New York State are currently entitled to a tax exemption on their primary home. Unfortunately though, this exemption is not transferable unless the veteran moves within the locality he or she currently resides. Like most other residents, many veterans may choose to, or need to, move into a new home at least once in their lives. Because of the unnecessarily specific nature of the current law, veterans moving out of one home and into another home will lose the modest tax exemptions they have earned if their new home is in a city, town or village different than that of the first, original home. This legislation would ensure that veterans are able to move anywhere within the same county, without losing the tax exemptions they have been promised and deserve.
Legislative history
A10868 of 2008: referred to veterans' affairs; A.3702-A of 2009-10: referred to Veterans' Affairs; A5518: passed the Assembly; A879 of 2013-14: referred to Veterans' Affairs
Fiscal implications
None
Effective date
This act shall take effect on the second of January next succeeding year on which in shall become law and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on and after such date.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.