- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
A01329 Summary:
BILL NO | A01329A |
  | |
SAME AS | SAME AS UNI. S01551-A |
  | |
SPONSOR | Galef |
  | |
COSPNSR | Wallace, Otis |
  | |
MLTSPNSR | |
  | |
Add §485-v, RPT L | |
  | |
Creates a statewide residential revaluation exemption; defines "eligible residential property"; and provides applicability, eligibility and the exemption calculation. |
A01329 Actions:
BILL NO | A01329A | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
01/15/2019 | referred to real property taxation | |||||||||||||||||||||||||||||||||||||||||||||||||
02/27/2019 | reported referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
06/06/2019 | reported referred to rules | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | reported | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | rules report cal.582 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | ordered to third reading rules cal.582 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2019 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2019 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2019 | REFERRED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | DIED IN SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | ordered to third reading cal.68 | |||||||||||||||||||||||||||||||||||||||||||||||||
01/14/2020 | amended on third reading 1329a | |||||||||||||||||||||||||||||||||||||||||||||||||
07/20/2020 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
07/20/2020 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
07/20/2020 | REFERRED TO RULES |
A01329 Committee Votes:
Galef | Aye | Miller | Aye | ||||||
McDonald | Aye | Tague | Excused | ||||||
Pichardo | Aye | ||||||||
Dickens | Aye | ||||||||
Barnwell | Aye | ||||||||
Rosenthal | Aye | ||||||||
Sayegh | Aye | ||||||||
Eichenstein | Aye | ||||||||
Weinstein | Aye | Barclay | Aye | ||||||
Lentol | Excused | Crouch | Nay | ||||||
Schimminger | Aye | Fitzpatrick | Aye | ||||||
Gantt | Excused | Hawley | Aye | ||||||
Glick | Aye | Malliotakis | Nay | ||||||
Nolan | Aye | Montesano | Aye | ||||||
Pretlow | Aye | Ra | Aye | ||||||
Perry | Aye | Blankenbush | Aye | ||||||
Colton | Aye | Palmesano | Aye | ||||||
Cook | Aye | Norris | Aye | ||||||
Cahill | Aye | ||||||||
Aubry | Aye | ||||||||
Thiele | Aye | ||||||||
Cusick | Aye | ||||||||
Ortiz | Aye | ||||||||
Benedetto | Excused | ||||||||
Weprin | Aye | ||||||||
Rodriguez | Aye | ||||||||
Ramos | Aye | ||||||||
Braunstein | Aye | ||||||||
McDonald | Aye | ||||||||
Rozic | Aye | ||||||||
Simotas | Aye | ||||||||
Dinowitz | Aye | ||||||||
Miller | Excused | ||||||||
Heastie | Excused | Kolb | Aye | ||||||
Gottfried | Aye | Crouch | Aye | ||||||
Lentol | Aye | Finch | Aye | ||||||
Gantt | Excused | Barclay | Aye | ||||||
Nolan | Excused | Raia | Aye | ||||||
Weinstein | Aye | Hawley | Aye | ||||||
Ortiz | Aye | Giglio | Aye | ||||||
Pretlow | Aye | Malliotakis | Aye | ||||||
Cook | Aye | ||||||||
Glick | Aye | ||||||||
Aubry | Aye | ||||||||
Englebright | Aye | ||||||||
Dinowitz | Aye | ||||||||
Colton | Aye | ||||||||
Magnarelli | Aye | ||||||||
Perry | Aye | ||||||||
Paulin | Aye | ||||||||
Titus | Excused | ||||||||
Peoples-Stokes | Aye | ||||||||
Benedetto | Aye | ||||||||
Lavine | Aye | ||||||||
Lupardo | Aye | ||||||||
Zebrowski | Aye | ||||||||
Go to top
A01329 Floor Votes:
Yes
Abbate
Yes
Crespo
ER
Gantt
Yes
LiPetri
Yes
Perry
Yes
Simon
Yes
Abinanti
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Simotas
Yes
Arroyo
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Smith
Yes
Ashby
Yes
Cusick
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Smullen
Yes
Aubry
Yes
Cymbrowitz
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Solages
Yes
Barclay
Yes
Davila
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stec
Yes
Barnwell
Yes
De La Rosa
Yes
Griffin
ER
McDonough
Yes
Raia
Yes
Steck
Yes
Barrett
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Ramos
Yes
Stern
Yes
Barron
Yes
DeStefano
Yes
Hawley
Yes
Mikulin
ER
Raynor
Yes
Stirpe
Yes
Benedetto
Yes
Dickens
Yes
Hevesi
Yes
Miller B
Yes
Reilly
Yes
Tague
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Reyes
Yes
Taylor
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Richardson
Yes
Thiele
Yes
Blankenbush
Yes
DiPietro
Yes
Jacobson
Yes
Montesano
Yes
Rivera
ER
Titus
Yes
Brabenec
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Vanel
Yes
Braunstein
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Romeo
Yes
Walczyk
Yes
Bronson
Yes
Englebright
Yes
Johns
Yes
Niou
Yes
Rosenthal D
Yes
Walker
Yes
Buchwald
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Rosenthal L
Yes
Wallace
Yes
Burke
Yes
Fahy
Yes
Joyner
Yes
Norris
Yes
Rozic
Yes
Walsh
Yes
Buttenschon
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Ryan
Yes
Weinstein
Yes
Byrne
Yes
Fernandez
Yes
Kolb
Yes
Ortiz
Yes
Salka
Yes
Weprin
Yes
Byrnes
Yes
Finch
Yes
Lalor
Yes
Otis
Yes
Santabarbara
Yes
Williams
Yes
Cahill
Yes
Fitzpatrick
Yes
Lavine
Yes
Palmesano
ER
Sayegh
Yes
Woerner
Yes
Carroll
Yes
Friend
Yes
Lawrence
Yes
Palumbo
Yes
Schimminger
Yes
Wright
Yes
Colton
Yes
Frontus
Yes
Lentol
Yes
Paulin
Yes
Schmitt
Yes
Zebrowski
Yes
Cook
Yes
Galef
Yes
Lifton
ER
Peoples-Stokes
Yes
Seawright
Yes
Mr. Speaker
‡ Indicates voting via videoconference
Yes
Abbate
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Solages
Yes
Abinanti
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Stec
Yes
Arroyo
Yes
Cusick
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Steck
Yes
Ashby
Yes
Cymbrowitz
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Stern
Yes
Aubry
Yes
Darling
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stirpe
Yes
Barclay
Yes
Davila
Yes
Griffin
Yes
McDonough
Yes
Ramos
Yes
Tague
Yes
Barnwell
Yes
De La Rosa
Yes
Gunther
Yes
McMahon
Yes
Reilly
Yes
Taylor
Yes
Barrett
Yes
DenDekker
Yes
Hawley
Yes
Mikulin
Yes
Reyes
Yes
Thiele
Yes
Barron
Yes
DeStefano
Yes
Hevesi
Yes
Miller B
ER
Richardson
Yes
Vanel
Yes
Benedetto
Yes
Dickens
Yes
Hunter
Yes
Miller MG
Yes
Rivera
Yes
Walczyk
Yes
Bichotte
Yes
Dilan
Yes
Hyndman
Yes
Miller ML
Yes
Rodriguez
Yes
Walker
Yes
Blake
Yes
Dinowitz
Yes
Jacobson
Yes
Montesano
Yes
Rosenthal D
Yes
Wallace
Yes
Blankenbush
Yes
DiPietro
Yes
Jaffee
Yes
Morinello
Yes
Rosenthal L
Yes
Walsh
Yes
Brabenec
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Braunstein
Yes
Eichenstein
Yes
Johns
Yes
Niou
Yes
Ryan
Yes
Weprin
Yes
Bronson
Yes
Englebright
Yes
Jones
Yes
Nolan
Yes
Salka
Yes
Williams
Yes
Buchwald
Yes
Epstein
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Burke
Yes
Fahy
Yes
Kim
Yes
O'Donnell
Yes
Sayegh
Yes
Wright
Yes
Buttenschon
Yes
Fall
Yes
Kolb
Yes
Ortiz
ER
Schimminger
Yes
Zebrowski
Yes
Byrne
Yes
Fernandez
Yes
Lalor
Yes
Otis
Yes
Schmitt
Yes
Mr. Speaker
Yes
Byrnes
ER
Finch
Yes
Lavine
Yes
Palmesano
Yes
Seawright
Yes
Cahill
Yes
Fitzpatrick
Yes
Lawrence
Yes
Palumbo
Yes
Simon
Yes
Carroll
Yes
Friend
Yes
Lentol
Yes
Paulin
Yes
Simotas
Yes
Colton
Yes
Frontus
Yes
Lifton
Yes
Peoples-Stokes
Yes
Smith
Yes
Cook
Yes
Galef
Yes
LiPetri
Yes
Perry
Yes
Smullen
‡ Indicates voting via videoconference
A01329 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ S. 1551--A A. 1329--A Cal. No. 68 2019-2020 Regular Sessions SENATE - ASSEMBLY January 15, 2019 ___________ IN SENATE -- Introduced by Sens. CARLUCCI, KENNEDY -- 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 commit- tee IN ASSEMBLY -- Introduced by M. of A. GALEF, WALLACE -- read once and referred to the Committee on Real Property Taxation -- ordered to a third reading, amended and ordered reprinted, retaining its place on the order of third reading AN ACT to amend the real property tax law, in relation to a residential revaluation exemption 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 485-v to read as follows: 3 § 485-v. Residential revaluation exemption. 1. Applicability. The 4 governing body of an assessing unit may, after a public hearing, adopt 5 the provisions of this section by local law in the first year of a full 6 value revaluation to provide a residential revaluation exemption. If the 7 governing body of an assessing unit passes a local law pursuant to this 8 subdivision, such exemption shall also apply in the same manner and to 9 the same extent to each village, county, special district or school 10 district that levies taxes on the assessment roll prepared by such 11 assessing unit. A village assessing unit, within an assessing unit that 12 has conducted a revaluation and that chooses to adopt that assessing 13 unit's latest final assessment roll is permitted to adopt the provisions 14 of this section within two years of its implementation. 15 2. Eligibility. (a) The assessors in each assessing unit that have 16 adopted the provisions of this section shall, in the first year in which EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00259-02-0S. 1551--A 2 A. 1329--A 1 revaluation assessments are to be entered on the assessment roll and for 2 the next succeeding year, apply to each eligible residential property an 3 exemption as provided in subdivision three of this section. For the 4 purpose of this section, to be an "eligible residential property" the 5 following criteria must be met: 6 (i) The property must be a residential property, provided that dwell- 7 ing units held in condominium form of ownership shall only be eligible 8 if located in an approved assessing unit and classified in the homestead 9 class or located in a special assessing unit and classified in class 10 one; 11 (ii) The property must be eligible to receive the STAR exemption 12 authorized by section four hundred twenty-five of this title or the 13 owner or owners must be eligible to receive the personal income tax 14 school tax relief (STAR) credit authorized by subsection (eee) of 15 section six hundred six of the tax law, for such property; 16 (iii) In any given year, the owner or owners receiving the exemption 17 pursuant to this section must be the same as the owner or owners that 18 appeared on the assessment roll upon which the revaluation is imple- 19 mented; and 20 (iv) The property must not have any delinquent taxes as of the taxable 21 status date for the roll on which an exemption is applied. 22 (b) In addition to the criteria provided in paragraph (a) of this 23 subdivision, an assessing unit may further limit the eligibility to 24 eligible residential property whose full value increase exceeded a set 25 percentage threshold as specified in their local law adopting the 26 provisions of this section. 27 3. Exemption calculation. (a)(i) The exemption shall be computed with 28 respect to a percentage of the "exemption base." The exemption base 29 shall be the amount by which the assessed value of a property on the 30 assessment roll upon which the revaluation is implemented exceeds the 31 prior year's equalized assessed value, as determined in the initial 32 year. The prior year's equalized assessed value shall be determined by 33 applying the applicable change in level of assessment factor to the 34 prior year's assessed value. Such exemption base shall not include 35 increases due to a physical improvement or a removal or reduction of an 36 exemption on property. 37 (ii) Any increase in the assessment of a property due to physical 38 changes in the year following the implementation roll shall not be 39 eligible for the exemption. In the event that any portion of a parcel is 40 fully or partially removed from the roll during the year following the 41 implementation roll by reason of fire, demolition, destruction or new 42 exemption, the assessor shall reduce the exemption for any remaining 43 portion in the same proportion assessment is reduced for such fire, 44 demolition, destruction or new exemption. If a property's revaluation 45 assessment is reduced pursuant to title one-A of article five, or title 46 one or one-A of article seven of this chapter, the exemption shall be 47 recomputed accordingly. 48 (b)(i) The exemption shall be to the extent of sixty-six per centum of 49 the exemption base in year one and thirty-three per centum of the 50 exemption base in year two. 51 (ii) The following table shall illustrate the computation of the 52 exemption: 53 Year of exemption Percentage of Exemption 54 1 66% of exemption base 55 2 33% of exemption baseS. 1551--A 3 A. 1329--A 1 4. Granting of exemption. (a) Such exemption shall be granted only 2 upon application by the owner or owners of such real property on a form 3 prescribed by the commissioner. Such application shall be filed with the 4 assessor on or before the appropriate taxable status date for the 5 assessment roll upon which the revaluation is implemented. 6 (b) If the assessor is satisfied that the applicant is entitled to an 7 exemption pursuant to this section, he or she shall approve the applica- 8 tion and the taxable assessed value shall be reduced by the exemption, 9 as in this section provided commencing with the assessment roll prepared 10 after the taxable status date. The assessed value of any exemption 11 granted pursuant to this section shall be entered by the assessor on the 12 assessment roll with the amount of the exemption shown in a separate 13 column. 14 (c) In the event that the residential property granted an exemption 15 pursuant to this section transfers ownership or otherwise ceases to meet 16 the eligibility requirements of the exemption in subdivision two of this 17 section, the exemption granted pursuant to this section shall be discon- 18 tinued. Upon determining that an exemption granted pursuant to this 19 section should be discontinued, the assessor shall mail a notice so 20 stating to the owner or owners thereof at the time and in the manner 21 provided by section five hundred ten of this chapter. 22 § 2. This act shall take effect immediately.