•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video 

A05972 Summary:

BILL NOA05972
 
SAME ASNo Same As
 
SPONSORCastorina
 
COSPNSRDiPietro, Giglio, Graf, Finch, Montesano, Ortiz, Raia, Vanel, Williams, McDonough, Barnwell, Walter, Miller ML
 
MLTSPNSRCrouch, Morinello
 
Add 467-k, RPT L
 
Relates to a real property tax freeze for individuals 65 years of age or older.
Go to top    

A05972 Actions:

BILL NOA05972
 
02/21/2017referred to real property taxation
Go to top

A05972 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5972
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 21, 2017
                                       ___________
 
        Introduced by M. of A. CASTORINA, DiPIETRO, GIGLIO, GRAF, FINCH, MONTES-
          ANO,  ORTIZ,  RAIA,  VANEL,  WILLIAMS -- read once and referred to the
          Committee on Real Property Taxation
 
        AN ACT to amend the real property tax law, in relation to establishing a
          real property tax freeze for property owned by persons 65 years of age
          or older

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  The  real  property  tax  law  is amended by adding a new
     2  section 467-k to read as follows:
     3    § 467-k. Real property tax freeze for persons sixty-five years of  age
     4  and  over. 1. Real property owned by one or more persons, one of whom is
     5  sixty-five years of age or over shall be subject to  a  taxation  freeze
     6  and  the  real property taxes for such property be frozen at the amounts
     7  payable at the time the one or more persons turns  sixty-five  years  of
     8  age.
     9    2.  Real  property owned by one or more persons, one of whom is sixty-
    10  five years of age or older before the effective date  of  this  section,
    11  shall  be  subject  to a taxation freeze and the real property taxes for
    12  such property be frozen at the amounts payable at the time of the effec-
    13  tive date of this section.
    14    § 2. This act shall take effect on the first of February next succeed-
    15  ing the date on which it shall have become a  law  and  shall  apply  to
    16  assessment rolls prepared on the basis of taxable status dates occurring
    17  on or after such date.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09284-01-7
Go to top