What's happening
This bill allows senior citizens who buy property after taxes are levied to apply for the enhanced school tax relief exemption within 30 days of purchase.
Why it matters
Addresses a gap for newly relocated seniors. This amendment helps senior citizens who move or purchase a new home after local property taxes are already set, making sure they are not penalized for buying at the “wrong” time of year and can still access vital tax relief.
Creates a clear, timely application process. By allowing a 30-day window after property transfer to apply for the enhanced exemption, the bill sets a predictable and fair process, reducing confusion and potential financial hardship for seniors.
Establishes review and appeal rights. The law spells out a process for seniors to be notified of the exemption decision, given the right to appeal, and have their cases reviewed by the board of assessment review, ensuring transparency and due process.
Could increase financial stability for older homeowners. By guaranteeing access to the enhanced exemption, the bill can significantly lower property tax burdens for eligible seniors, helping many remain in their homes and communities.
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Who cares
Headline styles
Expand Senior Property Tax Relief
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
History
- Referred to real property taxation
- Referred to real property taxation
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.
Senior Homebuyers Get Tax Break
In Senate Committee · Aging · Sponsor Kenneth P. LaValle
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
S. 3228 A. 2681
2017-2018 Regular Sessions
SENATE - ASSEMBLY
January 20, 2017
IN SENATE -- Introduced by Sens. LAVALLE, GOLDEN, LARKIN, RITCHIE, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Aging
IN ASSEMBLY -- Introduced by M. of A. THIELE, BRINDISI, SKOUFIS, SANTA- BARBARA -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to eligibility for the enhanced school tax relief exemption for senior citizens for properties purchased after the levy of taxes
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 6 of section 425 of the real property tax law is amended by adding a new paragraph (f) to read as follows:
(f) Notwithstanding the provisions of paragraph (a) of this subdivision, where a person who meets the requirements for an enhanced exemption for property owned by senior citizens pursuant to this section purchases property after the levy of taxes, such person may file an application for exemption with the assessor within thirty days of the transfer of title to such person. The assessor shall make a determination of whether or not the parcel would have qualified for exempt status on the tax roll on which the taxes were levied had title to the parcel been in the name of the applicant on the taxable status date applicable to the tax roll. The application shall be on a form prescribed by the commissioner. The assessor, no later than thirty days after receipt of such application, shall notify both the applicant and the board of assessment review, by first class mail, of the exempt amount, if any, and the right of the owner to a review of the exempt amount upon the filing of a written complaint. Such complaint shall be on a form prescribed by the commissioner and shall be filed with the board of assessment review within twenty days of the mailing of this
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04083-01-7
S. 3228 2 A. 2681
notice. If no complaint is received, the board of assessment review shall so notify the assessor, and the exempt amount determined by the assessor shall be final. If the applicant files a complaint, the board of assessment review shall schedule a time and place for a hearing with respect thereto no later than thirty days after the mailing of the notice by the assessor. The board of assessment review shall meet and determine the exempt amount and shall immediately notify the assessor and the applicant, by first class mail, of its determination. The amount of exemption determined pursuant to this paragraph shall be subject to review as provided in article seven of this chapter. Such a proceeding shall be commenced within thirty days of the mailing of the notice of the board of assessment review to the new owner as provided in this paragraph.
§ 2. This act shall take effect immediately and shall apply to real property transferred to qualified senior citizens after taxable status dates occurring on or after such date.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.