STATE OF NEW YORK
________________________________________________________________________
820
2013-2014 Regular Sessions
IN ASSEMBLY(Prefiled)
January 9, 2013
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Introduced by M. of A. CUSICK -- read once and referred to the Committee
on Veterans' Affairs
AN ACT to amend the real property tax law, in relation to prohibiting
the increase in real property tax liability of veterans receiving an
exemption
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 458 of the real property tax law is amended by
2 adding a new subdivision 5-a to read as follows:
3 5-a. Notwithstanding any general or local law, rule or regulation to
4 the contrary, no municipal corporation shall increase the real property
5 tax liability of any parcel of real property which has been granted an
6 exemption under this section, as a result of a revaluation, reassessment
7 or update, as defined pursuant to subdivision twelve-a of section one
8 hundred two of this chapter, above the real property tax liability of
9 such parcel established by the assessment roll prepared on the basis of
10 the taxable status date occurring immediately prior to such revaluation,
11 reassessment or update. No provision of this section shall be construed
12 to limit or prohibit any municipal corporation, as defined pursuant to
13 subdivision ten of section one hundred two of this chapter, from
14 increasing the rate of real property taxes assessed on real property
15 located within its jurisdiction as is otherwise authorized and provided
16 by law.
17 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02268-01-3
