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NY A03313

Bill

Official Source

Status

Introduced

1/22/2015

Primary Sponsor

Annette Robinson

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends Real Property Tax Law Section 467 to exclude veteran disability compensation (as defined in Title 38 of the United States Code) from income calculations for senior citizen real property tax exemptions
  • Removes the conditional language that previously required municipalities to adopt a local law, ordinance, or resolution to exclude veteran disability compensation, making the exclusion automatic statewide
  • Consolidates the veteran disability compensation exclusion into the general list of non-counted income items rather than as a separate provision
  • Takes effect immediately and applies to assessment rolls with a taxable status date on or after January 1st of the year following enactment

Legislative Description

Exempts veteran disability payments from inclusion as income of persons sixty-five years of age or over to determine eligibility for a real property tax exemption.

Last Action

referred to veterans' affairs

1/6/2016

Committee Referrals

Veterans' Affairs1/22/2015

Full Bill Text

No bill text available