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NY A05368
Bill
Status
2/8/2017
Primary Sponsor
Raymond Walter
Click for details
AI Summary
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Allows county, city, town, or village governing bodies to adopt a resolution permitting late applications for veterans real property tax exemptions under sections 458 and 458-a.
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Permits assessors to accept veteran exemption applications after the standard filing deadline if the veteran sold a previously exempted residence, applies before the first day of the following tax year, and the new property qualifies as residential real property.
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Requires municipal collecting officers to adjust tax liability before payment or issue refunds if notification of the new exemption is received after taxes have been paid.
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Takes effect immediately upon enactment.
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
5/16/2018