Bill Text: NY A09538 | 2011-2012 | General Assembly | Introduced
Bill Title: Allows a property owned by at least one owner who is at least 65 years old or older to be eligible for an enhanced STAR exemption.
Spectrum: Partisan Bill (Republican 20-1)
Status: (Introduced - Dead) 2012-05-15 - held for consideration in aging [A09538 Detail]
Download: New_York-2011-A09538-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
9538
I N A S S E M B L Y
March 12, 2012
___________
Introduced by M. of A. RABBITT -- read once and referred to the Commit-
tee on Aging
AN ACT to amend the real property tax law, in relation to allowing a
property to be eligible for an enhanced STAR exemption if at least one
owner is at least 65 years old
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Subparagraph (i) of paragraph (a) of subdivision 4 of
2 section 425 of the real property tax law, as amended by section 2 of
3 part E of chapter 83 of the laws of 2002, is amended to read as follows:
4 (i) [All] AT LEAST ONE of the owners must be at least sixty-five years
5 of age or older as of the date specified herein[, or in the case of
6 property owned by husband and wife or by siblings, one of the owners
7 must be at least sixty-five years of age as of that date] and the prop-
8 erty must serve as the primary residence of that owner. For the two
9 thousand--two thousand one school year, eligibility for the exemption
10 shall be based upon age as of December thirty-first, two thousand. For
11 each subsequent school year, the applicable date shall be advanced by
12 one year.
13 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14968-01-2
