File #: Res 1956-2013    Version: * Name: Veterans’ Property Tax Exemption. (S.224)
Type: Resolution Status: Filed
Committee: Committee on Veterans
On agenda: 10/9/2013
Enactment date: Law number:
Title: Resolution calling upon the New York State Senate to pass, the New York State Assembly to introduce and pass, and the Governor to sign S.224, legislation that would amend the Real Property Tax Law to allow active military personnel who have been deployed to the Persian Gulf, Afghanistan or Iraq wars to qualify for the Veterans’ Property Tax Exemption.
Sponsors: Stephen T. Levin, Gale A. Brewer, Fernando Cabrera , Margaret S. Chin, Leroy G. Comrie, Jr., Mathieu Eugene, Vincent J. Gentile, Robert Jackson, Peter A. Koo, G. Oliver Koppell, Brad S. Lander, Melissa Mark-Viverito, Rosie Mendez, Michael C. Nelson, Diana Reyna, Donovan J. Richards, Ydanis A. Rodriguez, Deborah L. Rose, James Vacca, Albert Vann, Jumaane D. Williams, Daniel J. Halloran III
Council Member Sponsors: 22
 Res. No. 1956
 
Resolution calling upon the New York State Senate to pass, the New York State Assembly to introduce and pass, and the Governor to sign S.224, legislation that would amend the Real Property Tax Law to allow active military personnel who have been deployed to the Persian Gulf, Afghanistan or Iraq wars to qualify for the Veterans' Property Tax Exemption.
 
By Council Members Levin, Brewer, Cabrera, Chin, Comrie, Eugene, Gentile, Jackson, Koo, Koppell, Lander, Mark-Viverito, Mendez, Nelson, Reyna, Richards, Rodriguez, Rose, Vacca, Vann, Williams and Halloran
Whereas, A real property tax is a charge imposed upon real property by or on behalf of a county, city, town, village or school district for municipal or school district purposes; and
Whereas, In New York City, real property is assessed each year to determine its value and this assessment determines the amount of the Property Tax that will be charged upon the property; and
Whereas, Under New York State law, there are several types of real property tax exemptions, which reduce the assessed value of real property; and
Whereas, For example, property owners in New York City are eligible for the Veterans' Property Tax Exemption if they served during the Spanish American War, the Mexican Border Period conflict, World War I, World War II, the Korean War, the Vietnam War, or the Persian Gulf Conflict; and
Whereas, On January 9, 2013, New York State Senator Daniel Squadron introduced S.224, legislation that would amend the State Real Property Tax Law so that active military personnel who have deployed to the Persian Gulf, Afghanistan or Iraq wars would be eligible to receive the Veterans' Property Tax Exemption; and
      Whereas, S.224 would also provide that any locality that provides a real property exemption to active military personnel serving in the Persian Gulf, Afghanistan or Iraq would be reimbursed by the State for the lost revenue as a result of the tax exemption; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Senate to pass, the New York State Assembly to introduce and pass, and the Governor to sign S.224, legislation that would amend the Real Property Tax Law to allow active military personnel who have been deployed to the Persian Gulf, Afghanistan or Iraq wars to qualify for the Veterans' Property Tax Exemption.
 
LS# 5027
10/2/13 5:39PM
KET