Establishes a capped real property school tax rate for persons seventy years of age or older who meet the eligibility requirements for the enhanced school tax relief exemption.
STATE OF NEW YORK
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S. 3195 A. 2533
2017-2018 Regular Sessions
SENATE - ASSEMBLY
January 20, 2017
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IN SENATE -- Introduced by Sens. LAVALLE, GALLIVAN, MURPHY, RITCHIE,
SERINO, SEWARD, YOUNG -- read twice and ordered printed, and when
printed to be committed to the Committee on Aging
IN ASSEMBLY -- Introduced by M. of A. ENGLEBRIGHT, MONTESANO, BENEDETTO,
ABBATE, PAULIN -- Multi-Sponsored by -- M. of A. GUNTHER, LUPARDO,
MAGEE, McDONOUGH, RA, RAIA, RAMOS, THIELE -- 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
capped real property school tax rate for persons seventy years of age
or older who meet the eligibility requirements for the enhanced STAR
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 431 to read as follows:
3 § 431. Persons seventy years of age or over; capped real property
4 school tax rate. 1. (a) Residential real property owned and occupied by
5 one or more persons, each of whom is seventy years of age or over and
6 meets each of the requirements for the enhanced exemption for senior
7 citizens set forth in section four hundred twenty-five of this article,
8 or residential real property owned and occupied by husband and wife, one
9 of whom is seventy years of age or over and meets each of the require-
10 ments for the enhanced exemption for senior citizens set forth in
11 section four hundred twenty-five of this article, shall be eligible for
12 the capped real property school tax rate set forth in this section,
13 provided the school district, after public hearing, adopts a resolution
14 providing therefor.
15 (b) For purposes of this section, the term "capped real property
16 school tax rate" shall mean the lower of:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03170-01-7
S. 3195 2 A. 2533
1 (i) the real property school tax rate established on the taxable
2 status date next succeeding the date on which an eligible person attains
3 the age of seventy years; or
4 (ii) the real property school tax rate established on any taxable
5 status date subsequent to the date on which an eligible person attains
6 the age of seventy years, which is lower than the real property school
7 tax rate established pursuant to subparagraph (i) of this paragraph.
8 (c) The capped real property school tax rate shall be determined annu-
9 ally for each eligible person seventy years of age or older in accord-
10 ance with the provisions of paragraphs (a) and (b) of this subdivision.
11 2. Any person eligible for the capped real property school tax rate
12 shall apply annually for such capped rate. Such application shall be
13 made in a manner and form determined by the state board and shall
14 require proof of the applicant's age. Such application shall be filed
15 with the local assessor on or before the taxable status date for such
16 district.
17 3. Every school district shall notify, or cause to be notified, each
18 person owning residential real property in the school district of the
19 provisions of this section. The provisions of this subdivision may be
20 met by a notice sent to such persons in substantially the following
21 form: "Residential real property owned by persons seventy years of age
22 or older may be eligible for a capped real property school tax rate. To
23 receive such capped rate, eligible owners of qualifying property must
24 file an application with their local assessor on or before the applica-
25 ble taxable status date. For further information, please contact your
26 local assessor."
27 4. A school district which provides a capped real property school tax
28 rate for persons seventy years of age or over pursuant to this section
29 shall be eligible for reimbursement by the department of education, as
30 approved by the commissioner of education, in consultation with the
31 commissioner of taxation and finance, for one hundred percent of the
32 direct cost to such school district resulting from the implementation of
33 this section. Such direct cost shall be calculated pursuant to regu-
34 lations of the commissioner of education, in consultation with the
35 commissioner of taxation and finance. A claim for such reimbursement
36 shall be made by such school district in a manner and form prescribed by
37 the commissioner of education.
38 § 2. This act shall take effect on the first of January next succeed-
39 ing the date on which it shall have become a law and shall apply to
40 assessment rolls prepared on the basis of taxable status dates occurring
41 on or after such date.