Int. No. 833
By the Speaker (Council Member Vallone) and Council Members Berman, O'Donovan, Boyland, Carrion, Clarke, Cruz, Dear, DiBrienza, Malave-Dilan, Eisland, Espada, Fisher, Freed, Harrison, Henry, Koslowitz, Lasher, Linares Leffler, Lopez, Marshall, McCaffrey, Michels, Miller, Moskowitz, Nelson, Perkins, Pinkett, Povman, Provenzano, Quinn, Reed, Rivera, Robinson, Robles, Rodriguez, Sabini, Spigner, Warden, Watkins, White, Wooten, Abel, Fiala, Golden, Oddo, Stabile and Ognibene
A Local Law to amend the administrative code of the city of New York, in relation to the inclusion of Gold Star Parents for purposes of eligibility for the alternative exemption for veterans from real property taxation in accordance with section four hundred fifty-eight-a of the real property tax law.
Be it enacted by the Council as follows:
Section 1. Part 1 of subchapter 2 of chapter 2 of title 11 of the administrative code of the city of New York is amended by adding a new section 11-245.7 to read as follows:
§11-245.7 Alternative exemption for veterans; gold star parent. Pursuant to paragraph (b) of subdivision seven of section four hundred fifty-eight-a of the real property tax law, and in accordance with such section and any local laws adopted pursuant thereto, the city hereby includes a gold star parent within the definition of "qualified owner" as provided in paragraph (c) of subdivision one of such section, and includes property owned by a gold star parent within the definition of "qualifying residential real property" as provided in paragraph (d) of subdivision one of such section, provided that such property is the primary residence of the gold star parent.
§2. This local law shall take effect immediately and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after January 1, 2001.