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NY A07536
Bill
Status
5/1/2017
Primary Sponsor
Nily Rozic
Click for details
AI Summary
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Expands the definition of "period of war" under real property tax law to include Global War on Terrorism hostilities from September 11, 2001 through their end, and NATO-related combat operations in Somalia (August 1992-March 1994), Bosnia (December 1995-November 2004), and Kosovo (April-June 1999).
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Makes veterans' property tax exemptions retroactively effective to the prior fiscal year, but not beyond one year from the application date.
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Requires that retroactive exemptions be prorated to the date the veteran filed the application.
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Applies retroactive exemption provisions to both standard veterans' exemption applications and exemptions in cities with populations of one million or more (which have a March 15 filing deadline).
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Takes effect immediately upon enactment.
Legislative Description
Provides that such exemption shall be effective retroactively to the prior fiscal year, but not beyond one year; also provides that if such exemption is granted it shall be prorated to the date upon which the veteran filed the application.
Last Action
referred to veterans' affairs
1/3/2018