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NY A05806
Bill
Status
Introduced
2/25/2021
Primary Sponsor
Fred Thiele
Click for details
AI Summary
- Allows senior citizens who purchase property after tax levy to apply for enhanced school tax relief exemption within 30 days of title transfer
- Requires assessor to determine within 30 days whether property would have qualified for exemption on the original tax roll had the senior citizen owned it on the taxable status date
- Permits property owner to file written complaint with board of assessment review within 20 days of assessor's notice to challenge the exemption determination
- Board of assessment review must schedule hearing within 30 days of complaint and notify both assessor and applicant of final exemption amount determination
- Takes effect immediately and applies to real property transferred to qualified senior citizens after taxable status dates occurring on or after the effective date
Legislative Description
Provides that where a person who meets the requirements for an enhanced exemption for property owned by senior citizens purchases real property after the levy of taxes, such person may file an application for exemption to the assessor within thirty days of the transfer of title to such person for such exemption.
Last Action
referred to real property taxation
1/5/2022
Committee Referrals
Real Property Taxation2/25/2021
Full Bill Text
No bill text available