S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5659--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              April 24, 2017
                                ___________
 
 Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Veterans, Homeland Securi-
   ty and Military Affairs -- 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  exemptions
   available to veterans
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph (iii) of paragraph (c)  of  subdivision  2  of
 section  458-b  of  the  real property tax law, as separately amended by
 chapters 22 and 253 of the laws of 2016, is amended to read as follows:
   (iii) The exemption provided by  paragraph  (a)  of  this  subdivision
 shall be granted for a period of ten years. The commencement of such ten
 year  period  shall  be  governed pursuant to this subparagraph. Where a
 qualified owner owns qualifying residential real property on the  effec-
 tive  date  of the local law or resolution providing for such exemption,
 such ten year period shall be measured from the assessment roll prepared
 pursuant to the first taxable status date  occurring  on  or  after  the
 effective  date  of  the  local  law  or  resolution  providing for such
 exemption. Where a qualified owner does not own  qualifying  residential
 real  property  on  the  effective  date  of the local law or resolution
 providing for such exemption, such ten year  period  shall  be  measured
 from  the  assessment roll prepared pursuant to the first taxable status
 date occurring at least sixty days after the date of purchase of  quali-
 fying  residential  real  property;  provided,  however, that should the
 veteran apply for and be granted an exemption  on  the  assessment  roll
 prepared  pursuant  to a taxable status date occurring within sixty days
 after the date of purchase of residential real property, such  ten  year
 period  shall  be  measured  from the first assessment roll in which the
 exemption occurs. If, before the expiration of  such  ten  year  period,
 such  exempt  property  is sold and replaced with other residential real
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD11080-06-7

 S. 5659--A                          2
 
 property, such exemption may be granted pursuant to this subdivision for
 the unexpired portion of the ten year exemption period, PROVIDED  HOWEV-
 ER,  THAT NOTWITHSTANDING THE TEN YEAR LIMITATION IMPOSED BY THE FOREGO-
 ING  PROVISIONS  OF  THIS SUBPARAGRAPH, A COUNTY, CITY, TOWN, VILLAGE OR
 SCHOOL DISTRICT THAT HAS ADOPTED A LOCAL LAW OR RESOLUTION  PURSUANT  TO
 PARAGRAPH  (A)  OF  THIS SUBDIVISION MAY ADOPT A LOCAL LAW OR RESOLUTION
 PROVIDING THAT THE EXEMPTION AUTHORIZED BY THIS SECTION SHALL  APPLY  TO
 QUALIFYING OWNERS OF QUALIFYING REAL PROPERTY FOR AS LONG AS THEY REMAIN
 QUALIFYING  OWNERS,  WITHOUT  REGARD  TO  SUCH TEN YEAR LIMITATION. Each
 county, city, town or village may adopt a local  law,  and  each  school
 district  may adopt a resolution, to reduce the maximum exemption allow-
 able in paragraphs (a) and (b)  of  this  subdivision  to  six  thousand
 dollars,  nine thousand dollars and thirty thousand dollars, respective-
 ly, or four thousand dollars, six thousand dollars and  twenty  thousand
 dollars,  respectively.  Each  county,  city,  town,  or village is also
 authorized to adopt a local law, and each school district  may  adopt  a
 resolution,  to  increase  the maximum exemption allowable in paragraphs
 (a) and (b) of this subdivision to ten thousand dollars,  fifteen  thou-
 sand  dollars  and fifty thousand dollars, respectively; twelve thousand
 dollars, eighteen thousand dollars and sixty thousand  dollars,  respec-
 tively;  fourteen  thousand  dollars,  twenty-one  thousand  dollars and
 seventy thousand dollars, respectively; sixteen thousand dollars,  twen-
 ty-four  thousand  dollars  and  eighty  thousand dollars, respectively;
 eighteen thousand dollars,  twenty-seven  thousand  dollars  and  ninety
 thousand dollars, respectively; twenty thousand dollars, thirty thousand
 dollars and one hundred thousand dollars, respectively; twenty-two thou-
 sand dollars, thirty-three thousand dollars and one hundred ten thousand
 dollars, respectively; twenty-four thousand dollars, thirty-six thousand
 dollars  and  one hundred twenty thousand dollars, respectively; twenty-
 six thousand dollars, thirty-nine  thousand  dollars,  and  one  hundred
 thirty  thousand  dollars,  respectively; twenty-eight thousand dollars,
 forty-two thousand dollars, and  one  hundred  forty  thousand  dollars,
 respectively;  and  thirty thousand dollars, forty-five thousand dollars
 and one hundred fifty thousand dollars,  respectively.  In  addition,  a
 county,  city,  town  or  village  which is a "high-appreciation munici-
 pality" as defined in this subparagraph is authorized to adopt  a  local
 law,  and each school district which is within a high-appreciation muni-
 cipality is authorized to adopt a resolution, to  increase  the  maximum
 exemption  allowable  in  paragraphs  (a) and (b) of this subdivision to
 twenty-six  thousand  dollars,  thirty-nine  thousand  dollars  and  one
 hundred  thirty  thousand  dollars,  respectively; twenty-eight thousand
 dollars, forty-two thousand  dollars  and  one  hundred  forty  thousand
 dollars,  respectively;  thirty  thousand  dollars,  forty-five thousand
 dollars and one hundred fifty thousand dollars, respectively; thirty-two
 thousand dollars, forty-eight thousand dollars  and  one  hundred  sixty
 thousand  dollars, respectively; thirty-four thousand dollars, fifty-one
 thousand dollars and one hundred seventy thousand dollars, respectively;
 thirty-six thousand dollars, fifty-four thousand dollars and one hundred
 eighty thousand dollars, respectively;  thirty-eight  thousand  dollars,
 fifty-seven  thousand  dollars  and one hundred ninety thousand dollars,
 respectively; forty thousand dollars, sixty  thousand  dollars  and  two
 hundred  thousand  dollars,  respectively;  forty-two  thousand dollars,
 sixty-three thousand dollars  and  two  hundred  ten  thousand  dollars,
 respectively;  forty-four  thousand  dollars, sixty-six thousand dollars
 and two hundred twenty thousand dollars, respectively;  forty-six  thou-
 sand  dollars,  sixty-nine thousand dollars and two hundred thirty thou-

 S. 5659--A                          3
 
 sand dollars, respectively; forty-eight  thousand  dollars,  seventy-two
 thousand  dollars  and two hundred forty thousand dollars, respectively;
 fifty thousand dollars, seventy-five thousand dollars  and  two  hundred
 fifty thousand dollars, respectively. For purposes of this subparagraph,
 a  "high-appreciation  municipality" means: (A) a special assessing unit
 that is a city, (B) a county for which the commissioner has  established
 a  sales  price  differential  factor for purposes of the STAR exemption
 authorized by section four hundred twenty-five of this  title  in  three
 consecutive  years,  and  (C) a city, town or village which is wholly or
 partly located within such a county.
   § 2. This act shall take effect immediately and shall apply to assess-
 ment rolls prepared on the basis of taxable status dates occurring on or
 after January 1, 2018.