New York City Council Header
File #: Int 1763-2017    Version: * Name: Eligible funds exemption for veterans.
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 11/16/2017
Enactment date: 12/17/2017 Law number: 2017/253
Title: A Local Law to amend the administrative code of the city of New York, in relation to the eligible funds exemption for veterans
Sponsors: Julissa Ferreras-Copeland, Steven Matteo, Eric A. Ulrich, Ben Kallos, I. Daneek Miller
Council Member Sponsors: 5
Summary: This local law would establish that the Eligible Funds Exemption for veterans is applicable to school taxation.
Indexes: Oversight
Attachments: 1. Summary of Int. No. 1763, 2. Int. No. 1763, 3. Committee Report 11/15/17, 4. Hearing Testimony 11/15/17, 5. Hearing Transcript 11/15/17, 6. Committee Report 11/16/17, 7. Hearing Transcript 11/16/17, 8. November 16, 2017 - Stated Meeting Agenda with Links to Files, 9. Hearing Transcript - Stated Meeting 11-16-17, 10. Fiscal Impact Statement, 11. Legislative Documents - Letter to the Mayor, 12. Local Law 253, 13. Minutes of the Stated Meeting - November 16, 2017
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/17/2017*Julissa Ferreras-Copeland Administration City Charter Rule Adopted  Action details Meeting details Not available
11/27/2017*Julissa Ferreras-Copeland Mayor Hearing Held by Mayor  Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland City Council Sent to Mayor by Council  Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland City Council Approved by CouncilPass Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland City Council Referred to Comm by Council  Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland City Council Introduced by Council  Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
11/16/2017*Julissa Ferreras-Copeland Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
11/15/2017*Julissa Ferreras-Copeland Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
11/15/2017*Julissa Ferreras-Copeland Committee on Finance P-C Item Laid Over by Comm  Action details Meeting details Not available

Preconsidered Int. No. 1763

 

By Council Members Ferreras-Copeland, Matteo, Ulrich, Kallos and Miller

 

A Local Law to amend the administrative code of the city of New York, in relation to the eligible funds exemption for veterans

 

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 11-245.46 to read as follows:

§ 11-245.46  Exemption for veterans; taxes for school purposes exempted. Pursuant to paragraph (3) of subdivision one of section four hundred fifty-eight of the real property tax law, the city hereby provides that the exemption authorized pursuant to such section shall be applicable to taxes for school purposes.

§2. This local law takes effect January 1, 2018.

 

ENB

LS #11799

11/8/17 6:23 PM