Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2014 |
referred to aging |
Jan 09, 2013 |
referred to aging |
Senate Bill S1094
2013-2014 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Aging Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2013-S1094 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1759
- Current Committee:
- Senate Aging
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd ยงยง425 & 467, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1455, A1365
2011-2012: S223, A3848
2015-2016: A2832
2017-2018: A2060
2019-2020: A2193
2021-2022: A6907
2013-S1094 (ACTIVE) - Sponsor Memo
BILL NUMBER:S1094 TITLE OF BILL: An act to amend the real property tax law, in relation to not rescinding certain tax exemptions for real property owned by siblings PURPOSE: To allow siblings who co-own property and are eligible for the enhanced School Tax Relief (STAR) Exemption and/or Senior Citizen Real Property Tax Exemption to continue to receive such exemption in the case of the death of one of the older sibling co-owners, so long as the surviving sibling is at least sixty-two years of age. SUMMARY OF PROVISIONS: Amends sections 425(4)(a) (iii) and 467(1)(d) of the real property tax law to allow siblings who co-own property to continue to receive the exemptions provided under these sections in the event of the death of an older sibling co-owner, so long as the surviving sibling is at least sixty-two years of age. JUSTIFICATION: Under existing law, a husband and wife who jointly own property and are eligible for the enhanced STAR Exemption and/or Senior Citizen Real Property Tax Exemption can continue to receive the exemption(s) in the event the older spouse dies and the surviving spouse is at
2013-S1094 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1094 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the real property tax law, in relation to not rescinding certain tax exemptions for real property owned by siblings THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (iii) of paragraph (a) of subdivision 4 of section 425 of the real property tax law, as added by section 4 of part A of chapter 405 of the laws of 1999, is amended to read as follows: (iii) In the case of property owned by husband and wife OR BY SIBLINGS, one of whom is sixty-five years of age or over, the exemption, once granted, shall not be rescinded solely because of the death of the older spouse OR SIBLING, so long as the surviving spouse OR SIBLING is at least sixty-two years of age as of the date specified in this para- graph. S 2. Paragraph (d) of subdivision 1 of section 467 of the real proper- ty tax law, as amended by chapter 440 of the laws of 1985, is amended to read as follows: (d) The real property tax exemption on real property owned by husband and wife OR BY SIBLINGS, one of whom is sixty-five years of age or over, once granted, shall not be rescinded by any municipal corporation solely because of the death of the older spouse OR SIBLING so long as the surviving spouse OR SIBLING is at least sixty-two years of age. S 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02076-01-3
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