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NY A03792
Bill
Status
2/8/2023
Primary Sponsor
Fred Thiele
Click for details
AI Summary
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Allows senior citizens who purchase property after taxes are levied to file for enhanced school tax relief exemption within 30 days of title transfer.
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Requires assessors to determine if the property would have qualified for exempt status on the original tax roll had the applicant owned it on the applicable taxable status date.
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Establishes a 30-day notification period for assessors to inform applicants and the board of assessment review of the exempt amount, with owners having 20 days to file a complaint.
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Provides board of assessment review hearing and determination within 30 days of receiving a complaint, with further review available under article seven of the real property tax law.
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Takes effect immediately and applies to real property transferred to qualified senior citizens after taxable status dates occurring on or after the enactment 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
1/3/2024