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NY A05763

Bill

Status

Introduced

2/19/2009

Primary Sponsor

Greg Ball

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Exempts primary residences owned by military members serving in hazardous duty areas (subject to hostile fire or imminent danger as defined in federal law) from all municipal taxes except school district taxes and special assessments
  • Applies to military members on active duty engaged in hazardous service, or jointly to such members and their spouses
  • Requires annual application submission to local assessing units on or before the taxable status date, with affirmation of hazardous service during the current or immediately preceding year
  • Establishes state aid reimbursement to municipalities for tax revenue lost from exempted properties, with the state board computing and certifying payment amounts to the comptroller
  • Takes effect 120 days after enactment and applies to properties with taxable status dates on or before that effective date

Legislative Description

An act to amend the real property tax law, in relation to granting an exemption to members of the armed forces serving in hostile areas

Last Action

referred to veterans' affairs

1/6/2010

Committee Referrals

Veterans' Affairs2/19/2009

Full Bill Text

No bill text available