Loading chat...

NY A05401

Bill

Official Source

Status

Introduced

2/20/2015

Primary Sponsor

Kieran Lalor

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends Real Property Tax Law Section 458-a to add a new subdivision 10 regarding veteran tax exemptions
  • Allows veterans receiving exemptions through school district resolutions to remain eligible for all other tax rebates they would have qualified for without the exemption
  • Requires the Commissioner to refund the full amount of tax rebates that would have been granted to such veterans in the absence of the exemption
  • Takes effect immediately and applies retroactively to taxable years beginning on and after January 1, 2014

Legislative Description

Provides that veterans who receive tax exemptions granted by school districts shall remain eligible for all tax rebates such veterans would have been eligible for in the absence of such exemptions.

Last Action

held for consideration in veterans' affairs

5/17/2016

Committee Referrals

Veterans' Affairs2/20/2015

Full Bill Text

No bill text available