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NY A04621

Bill

Official Source

Status

Introduced

2/6/2013

Primary Sponsor

Raymond Walter

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Adds section 458-c to Real Property Tax Law allowing assessors to accept late veterans exemption applications after the standard filing deadline
  • Requires that the veteran sold a residence within the current tax year that had a granted exemption
  • Requires the new exemption application be filed before the first day of the following tax year
  • Requires the new property be classified as "qualifying residential real property" under section 458-a
  • Directs municipal collecting officers to adjust tax liability or issue refunds if exemption notification is received before or after tax payment

Legislative Description

Authorizes assessor of taxing municipality to accept late application for veterans exemption from real property taxes if veteran has sold a property that was exempt, the application is made prior to first day of new tax year and the property subject to taxation is a qualifying residential real property.

Last Action

held for consideration in veterans' affairs

5/20/2014

Committee Referrals

Veterans' Affairs2/6/2013

Full Bill Text

No bill text available