Provides that the governing body of an assessing unit with a population greater than 97,000 and less than 100,000 is authorized to enact a local law or resolution, authorizing the assessor of such assessing unit to extend the taxable status date applicable to such assessing unit by no more than 90 days.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A4674A
SPONSOR: Fahy TITLE OF BILL:
An act relating to the extension of the taxable status day in certain
assessing units; and providing for the repeal of such provisions upon
the expiration thereof
PURPOSE:
The purpose of this bill is to extend the taxable status day for certain
municipalities.
SUMMARY:
This bill would allow assessors in a municipality with a population
greater than ninety-seven thousand and less than one hundred thousand to
extend the taxable status day by ninety days after the passage of a
local resolution or law.
JUSTIFICATION:
In 2022, the RPTL was amended to notify all New Yorkers eligible for a
senior citizens' property tax exemption of such eligibility. In the City
of Albany, this resulted in more than 3,000 inquires regarding eligibil-
ity for an exemption. Due to this large volume of new inquiries, the
application process has been delayed and the City will need a 60-day
extension to fully process all new applications. This bill would allow
the City to file property tax exemptions 90 days after the March 1st
statutory deadline.
PRIOR LEGISLATIVE HISTORY:
New bill.
FISCAL IMPLICATIONS:
None to the state.
EFFECTIVE DATE:
Immediately, and shall be deemed repealed within 90 days of enactment.
STATE OF NEW YORK
________________________________________________________________________
4674--A
2023-2024 Regular Sessions
IN ASSEMBLY
February 22, 2023
___________
Introduced by M. of A. FAHY -- read once and referred to the Committee
on Real Property Taxation -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee
AN ACT relating to the extension of the taxable status day in certain
assessing units; and providing for the repeal of such provisions upon
the expiration thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The governing body of an assessing unit with a population
2 greater than ninety-seven thousand and less than one hundred thousand,
3 based upon and recorded by the two thousand twenty federal census, is
4 authorized to enact a local law or resolution, authorizing the assessor
5 of such assessing unit to extend the taxable status date applicable to
6 such assessing unit by no more than ninety days.
7 § 2. This act shall take effect immediately and shall expire and be
8 deemed repealed ninety days after such effective date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09809-04-3
