S T A T E O F N E W Y O R K
________________________________________________________________________
4709
2009-2010 Regular Sessions
I N A S S E M B L Y
February 5, 2009
___________
Introduced by M. of A. ENGLEBRIGHT, EDDINGTON, FIELDS, STIRPE -- read
once and referred to the Committee on Aging
AN ACT to amend the real property tax law, in relation to increasing
maximum income eligibility levels for real property tax exemptions for
seniors
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraphs (c) and (d) of subdivision 1 of section 467 of
the real property tax law are relettered paragraphs (g) and (h) and four
new paragraphs (c), (d), (e) and (f) are added to read as follows:
(C) ON AND AFTER JULY FIRST, TWO THOUSAND TEN, (1) ANY LOCAL LAW,
ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARAGRAPH (A) OF THIS SUBDI-
VISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE
ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE THE MAXIMUM INCOME
ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS PROVIDED IN SUBDIVI-
SION THREE OF THIS SECTION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M), TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
MORE THAN (M) BUT
LESS THAN (M+ $1,250) 45 PER CENTUM
(M+ $1,250 OR MORE) BUT
LESS THAN (M+ $2,500) 40 PER CENTUM
(M+ $2,500 OR MORE) BUT
LESS THAN (M+ $3,750) 35 PER CENTUM
(M+ $3,750 OR MORE) BUT
LESS THAN (M+ $4,875) 30 PER CENTUM
(M+ $4,875 OR MORE) BUT
LESS THAN (M+ $6,000) 25 PER CENTUM
(M+ $6,000 OR MORE) BUT
LESS THAN (M+ $7,125) 20 PER CENTUM
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07638-01-9
A. 4709 2
(2) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPH ONE OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN THE HERE-
INBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH SUBPAR-
AGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $7,125 OR MORE) BUT
LESS THAN (M+ $8,250) 15 PER CENTUM
(M+ $8,250 OR MORE) BUT
LESS THAN (M+ $9,375) 10 PER CENTUM
(3) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPHS ONE AND TWO OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW,
ORDINANCE OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO
INCREASE THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPO-
RATION AS PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN
THE HEREINBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH
SUBPARAGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $9,375 OR MORE)
BUT LESS THAN (M+ $10,500) 5 PER CENTUM
(D) ON AND AFTER JULY FIRST, TWO THOUSAND ELEVEN, (1) ANY LOCAL LAW,
ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARAGRAPH (A) OF THIS SUBDI-
VISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE
ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE THE MAXIMUM INCOME
ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS PROVIDED IN SUBDIVI-
SION THREE OF THIS SECTION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M), TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
MORE THAN (M) BUT 45 PER CENTUM
LESS THAN (M+ $1,500)
(M+ $1,500 OR MORE) BUT 40 PER CENTUM
LESS THAN (M+ $3,000)
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $3,000 OR MORE) BUT
LESS THAN (M+ $4,500) 35 PER CENTUM
(M+ $4,500 OR MORE) BUT
LESS THAN (M+ $5,850) 30 PER CENTUM
(M+ $5,850 OR MORE) BUT
LESS THAN (M+ $7,200) 25 PER CENTUM
(M+ $7,200 OR MORE) BUT
LESS THAN (M+ $8,550) 20 PER CENTUM
A. 4709 3
(2) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPH ONE OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN THE HERE-
INBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH SUBPAR-
AGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $8,550 OR MORE) BUT
LESS THAN (M+ $9,900) 15 PER CENTUM
(M+ $9,900 OR MORE) BUT
LESS THAN (M+ $11,250) 10 PER CENTUM
(3) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPHS ONE AND TWO OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW,
ORDINANCE OR RESOLUTION MAY BE ADOPTED TO PROVIDE AN EXEMPTION SO AS TO
INCREASE THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPO-
RATION AS PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN
THE HEREINBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH
SUBPARAGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $11,250 OR MORE)
BUT LESS THAN (M+ $12,600) 5 PER CENTUM
(E) ON AND AFTER JULY FIRST, TWO THOUSAND TWELVE, (1) ANY LOCAL LAW,
ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARAGRAPH (A) OF THIS SUBDI-
VISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE
ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE THE MAXIMUM INCOME
ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS PROVIDED IN SUBDIVI-
SION THREE OF THIS SECTION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M), TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
MORE THAN (M) BUT
LESS THAN (M+ $1,750) 45 PER CENTUM
(M+ $1,750 OR MORE) BUT
LESS THAN (M+ $3,500) 40 PER CENTUM
(M+ $3,500 OR MORE) BUT
LESS THAN (M+ $5,250) 35 PER CENTUM
(M+ $5,250 OR MORE) BUT
LESS THAN (M+ $6,825) 30 PER CENTUM
(M+ $6,825 OR MORE) BUT
LESS THAN (M+ $8,400) 25 PER CENTUM
(M+ $8,400 OR MORE) BUT
LESS THAN (M+ $9,975) 20 PER CENTUM
(2) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPH ONE OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
A. 4709 4
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN THE HERE-
INBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH SUBPAR-
AGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $9,975 OR MORE) BUT
LESS THAN (M+ $11,550) 15 PER CENTUM
(M+ $11,550 OR MORE) BUT
LESS THAN (M+ $13,125) 10 PER CENTUM
(3) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPHS ONE AND TWO OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW,
ORDINANCE OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO
INCREASE THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPO-
RATION AS PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN
THE HEREINBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH
SUBPARAGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $13,125 OR MORE)
BUT LESS THAN (M+ $14,700) 5 PER CENTUM
(F) ON AND AFTER JULY FIRST, TWO THOUSAND THIRTEEN, (1) ANY LOCAL LAW,
ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO PARAGRAPH (A) OF THIS SUBDI-
VISION MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE OR RESOLUTION MAY BE
ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE THE MAXIMUM INCOME
ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS PROVIDED IN SUBDIVI-
SION THREE OF THIS SECTION (REPRESENTED IN THE HEREINBELOW SCHEDULE AS
M), TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
MORE THAN (M) BUT
LESS THAN (M+ $2,000) 45 PER CENTUM
(M+ $2,000 OR MORE) BUT
LESS THAN (M+ $4,000) 40 PER CENTUM
(M+ $4,000 OR MORE) BUT
LESS THAN (M+ $6,000) 35 PER CENTUM
(M+ $6,000 OR MORE) BUT
LESS THAN (M+ $7,800) 30 PER CENTUM
(M+ $7,800 OR MORE) BUT
LESS THAN (M+ $9,600) 25 PER CENTUM
(M+ $9,600 OR MORE) BUT
LESS THAN (M+ $11,400) 20 PER CENTUM
(2) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPH ONE OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW, ORDINANCE
OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO INCREASE
THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPORATION AS
PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN THE HERE-
INBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH SUBPAR-
AGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
A. 4709 5
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $11,400 OR MORE) BUT
LESS THAN (M+ $13,200) 15 PER CENTUM
(M+ $13,200 OR MORE) BUT
LESS THAN (M+ $15,000) 10 PER CENTUM
(3) ANY LOCAL LAW, ORDINANCE OR RESOLUTION ADOPTED PURSUANT TO SUBPAR-
AGRAPHS ONE AND TWO OF THIS PARAGRAPH MAY BE AMENDED, OR A LOCAL LAW,
ORDINANCE OR RESOLUTION MAY BE ADOPTED, TO PROVIDE AN EXEMPTION SO AS TO
INCREASE THE MAXIMUM INCOME ELIGIBILITY LEVEL OF SUCH MUNICIPAL CORPO-
RATION AS PROVIDED IN SUBDIVISION THREE OF THIS SECTION (REPRESENTED IN
THE HEREINBELOW SCHEDULE AS M), AND AS INCREASED AS PROVIDED FOR IN SUCH
SUBPARAGRAPH ONE TO THE EXTENT PROVIDED IN THE FOLLOWING SCHEDULE:
ANNUAL INCOME PERCENTAGE ASSESSED VALUATION
EXEMPT FROM TAXATION
(M+ $15,000 OR MORE) BUT
LESS THAN (M+ $16,800) 5 PER CENTUM
S 2. This act shall take effect immediately.