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Bill > S09146
NY S09146
Increases allowable maximum income of certain persons otherwise eligible for tax abatement in the county of Nassau.
summary
Introduced
08/03/2018
08/03/2018
In Committee
08/03/2018
08/03/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
2017-2018 General Assembly
Bill Summary
AN ACT to amend the real property tax law, in relation to increasing the allowable maximum income of certain persons otherwise eligible for tax abatement in certain cases The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill amends the Real Property Tax Law to increase the allowable maximum income of certain persons eligible for tax abatement in Nassau County. Specifically, it raises the income limit from $29,000 to $50,000 for individuals living in a county with a population between 1 million and 1.4 million, which applies to Nassau County. The bill also clarifies that income excludes certain sources like veterans' disability compensation and reverse mortgage proceeds, and that the changes apply to applications for the 2019 fiscal year and beyond.
Sponsors (2)
Last Action
REFERRED TO RULES (on 08/03/2018)
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