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NY A00035

Bill

Status

Introduced

1/5/2011

Primary Sponsor

Peter Abbate

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Amends Real Property Tax Law Section 458-a to allow school districts to grant property tax exemptions to eligible veterans, in addition to existing county, city, town, and village exemptions
  • Requires school district governing bodies to adopt a resolution authorizing the veteran exemption after conducting public hearings, with procedures conducted separately from other hearings and local law procedures
  • Authorizes school districts to adopt local laws reducing maximum veteran exemptions to nine thousand, six thousand, and thirty thousand dollars, or increasing them up to thirty-six thousand, twenty-four thousand, and one hundred twenty thousand dollars depending on the property type
  • Allows school districts designated as "high-appreciation municipalities" to increase maximum exemptions to higher thresholds ranging up to fifty-four thousand, thirty-six thousand, and one hundred eighty thousand dollars
  • Permits school districts to extend exemptions to Gold Star Parents through local law adoption, allowing such parents to qualify for exemptions on their primary residences

Legislative Description

Provides authorization to grant certain exemptions from real property tax for school districts to eligible veterans where such exemption is adopted by the governing body of the school district.

Last Action

referred to veterans' affairs

1/5/2011

Committee Referrals

Veterans' Affairs1/5/2011

Full Bill Text

No bill text available