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NY S02160
Bill
Status
1/18/2023
Primary Sponsor
Anthony Palumbo
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AI Summary
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Allows senior citizens who meet enhanced exemption requirements to apply for the exemption within 30 days of purchasing property after taxes have been levied.
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Requires the assessor to determine whether the property would have qualified for exempt status on the original tax roll if the senior citizen owned it on the taxable status date.
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Establishes a 30-day notification period for the assessor to inform the applicant and board of assessment review of the exemption amount, with a 20-day window for filing complaints.
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Permits the board of assessment review to schedule a hearing within 30 days of receiving a complaint and grants parties the right to seek review under article seven of the real property tax law within 30 days of the board's determination.
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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 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 AGING
1/3/2024