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NY S02291
Bill
Status
6/11/2025
Primary Sponsor
Peter Harckham
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AI Summary
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Amends Section 469 of the real property tax law to expand eligibility for the property tax assessment exemption for living quarters constructed for a parent or grandparent
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Removes the requirement that construction or reconstruction must have occurred after the original law's effective date (2000) to qualify for the exemption
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Allows the exemption to apply to living quarters built before the 2000 law took effect, as long as a parent or grandparent maintains primary residence there
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Exemption continues to require that at least one parent or grandparent live in the quarters as their primary residence during the taxable year
Legislative Description
Expands the applicability of the assessment exemption for living quarters for parent or grandparent to include living quarters constructed or reconstructed before the effective date of the section providing such exemption.
Last Action
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
1/7/2026