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NY S07121
Bill
Status
3/30/2016
Primary Sponsor
Andrew Lanza
Click for details
AI Summary
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Amends Real Property Tax Law Section 458-a to modify the procedure for applying veterans' property tax exemptions in cities with a population of one million or more (New York City)
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Requires the local legislative body in cities with one million or more residents to adopt a local law providing the exemption, rather than having the school district governing body adopt a resolution
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Mandates that the hearing and local law adoption process for this exemption be conducted separately from other property tax exemption procedures
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Takes effect immediately upon enactment
Legislative Description
Relates to limitations on real property tax exemptions for veterans in the city of New York; requires the local legislative body to adopt a local law providing the exemption.
Last Action
SUBSTITUTED BY A9688
6/14/2016