Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 27, 2014 |
print number 1430a |
Jan 27, 2014 |
amend and recommit to local government |
Jan 08, 2014 |
referred to local government |
Jan 09, 2013 |
referred to local government |
Senate Bill S1430A
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Local Government 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
Bill Amendments
co-Sponsors
(R, C, IP) Senate District
(R, C) Senate District
(R) Senate District
2013-S1430 - Details
2013-S1430 - Sponsor Memo
BILL NUMBER:S1430 TITLE OF BILL: An act to amend the real property tax law, in relation to school tax relief program (STAR) savings calculation PURPOSE OF THE BILL: To give equal STAR relief to homeowners who pay their school taxes in part through sales tax revenue SUMMARY OF SPECIFIC PROVISIONS: This bill amends subdivision 2 of section 1306-a of the Real Property Tax Law by adding a new section (b) which provides that STAR tax savings shall be calculated to include any sales tax revenue shared by a county with a school district. Any such sales tax revenue shall be added to each residential tax parcel eligible for STAR exemption in its pro rata percentage as an additional tax levy, prior to calculating the STAR tax savings. The first sentence of existing subdivision 2 is lettered as (a) and the second sentence in existing subdivision 2 is lettered as (c). JUSTIFICATION: There are currently five counties that
2013-S1430 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1430 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. RANZENHOFER, DeFRANCISCO, LARKIN, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to school tax relief program (STAR) savings calculation THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 1306-a of the real property tax law, as amended by section 6 of part N of chapter 58 of the laws of 2011, is amended to read as follows: 2. Tax savings. (a)(i) The tax savings for each parcel receiving the exemption authorized by section four hundred twenty-five of this chapter shall be computed by subtracting the amount actually levied against the parcel from the amount that would have been levied if not for the exemption, provided however, that beginning with the two thousand eleven-two thousand twelve school year, the tax savings applicable to any "portion" (which as used herein shall mean that part of an assessing unit located within a school district) shall not exceed the tax savings applicable to that portion in the prior school year multiplied by one hundred two percent, with the result rounded to the nearest dollar. The tax savings attributable to the basic and enhanced exemptions shall be calculated separately. It shall be the responsibility of the commission- er to calculate tax savings limitations for purposes of this subdivi- sion. (ii) The tax savings applicable to a portion for the two thousand ten-two thousand eleven school year shall be determined by multiplying the exempt amount applicable to the portion for the two thousand ten-two thousand eleven school year by the tax rate applicable to the portion for the two thousand ten-two thousand eleven school year, with separate calculations for the basic and enhanced exemptions. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
(R, C, IP) Senate District
(R, C) Senate District
(R) Senate District
2013-S1430A (ACTIVE) - Details
2013-S1430A (ACTIVE) - Sponsor Memo
BILL NUMBER:S1430A TITLE OF BILL: An act to amend the real property tax law, in relation to school tax relief program (STAR) savings calculation PURPOSE OF THE BILL: To give equal STAR relief to homeowners who pay their school taxes in part through sales tax revenue SUMMARY OF SPECIFIC PROVISIONS: This bill amends subdivision 2 of section 1306-a of the Real Property Tax Law by adding a new section (b) which provides that STAR tax savings shall be calculated to include any sales tax revenue shared by a county with a school district. Any such sales tax revenue shall be added to each residential tax parcel eligible for STAR exemption in its pro rata percentage as an additional tax levy, prior to calculating the STAR tax savings. The first sentence of existing subdivision 2 is lettered as (a) and the second sentence in existing subdivision 2 is lettered as (c). JUSTIFICATION: There are currently five counties that share sales tax revenues with their school districts. In effect, each resident is paying part of his or her school taxes through sales taxes. Current STAR law considers only
2013-S1430A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1430--A 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. RANZENHOFER, DeFRANCISCO, LARKIN, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- recommitted to the Committee on Local Government in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to school tax relief program (STAR) savings calculation THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 1306-a of the real property tax law, as amended by section 6 of part N of chapter 58 of the laws of 2011, is amended to read as follows: 2. Tax savings. (a)(i) The tax savings for each parcel receiving the exemption authorized by section four hundred twenty-five of this chapter shall be computed by subtracting the amount actually levied against the parcel from the amount that would have been levied if not for the exemption, provided however, that beginning with the two thousand eleven-two thousand twelve school year, the tax savings applicable to any "portion" (which as used herein shall mean that part of an assessing unit located within a school district) shall not exceed the tax savings applicable to that portion in the prior school year multiplied by one hundred two percent, with the result rounded to the nearest dollar. The tax savings attributable to the basic and enhanced exemptions shall be calculated separately. It shall be the responsibility of the commission- er to calculate tax savings limitations for purposes of this subdivi- sion. (ii) The tax savings applicable to a portion for the two thousand ten-two thousand eleven school year shall be determined by multiplying the exempt amount applicable to the portion for the two thousand ten-two EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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