Int 1763-2017
Eligible funds exemption for veterans.
IntroductionEnactedCommittee on Financeintroduced 2017-11-16Local Law 2017/253
Enacted as Local Law 2017/253.
Official record · Legistar
Agenda: 2017-11-16Passed: 2017-12-17Enacted: 2017-12-17
Summary
This local law would establish that the Eligible Funds Exemption for veterans is applicable to school taxation.
Committee on Finance — Executive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.
How it compares
62% of similar bills passed
31 passed · 19 died
This bill: 30 days in committee
Similar bills: median 51 days · 15 days when passed
Compared against 50 Introduction bills in Committee on Finance.
Ranked by how closely each matches this bill's topic — closest first:
Int 1304-2016
Alternative exemption for veterans.
250dEnacted
Int 0387-2010
Establishing a real property tax exemption for Cold War veterans.
1161dFiled
Int 0833-2000
Real Property Taxation, Gold Star Parents
13dEnacted
Int 1859-2020
Sunset provisions for the alternative exemption for veterans.
510dEnacted
Int 0066-1998-A
SCHE, Veteran's Disability
35dEnacted
Int 0764-2005
Increasing the maximum exemptions allowable with respect to certain veterans who receive an exemption from real property taxation in accordance with section 458-a of the real property tax law.
12dEnacted
+ 44 more comparable bills
Sponsors (5)
Lifecycle
HeardHearing on P-C Item by Comm
2017-11-15 · Committee on Finance
HeldP-C Item Laid Over by Comm
2017-11-15 · Committee on Finance
HeardHearing on P-C Item by Comm
2017-11-16 · Committee on Finance
AdvancedP-C Item Approved by Comm
2017-11-16 · Committee on Finance
IntroducedIntroduced by Council
2017-11-16 · City Council
ActionReferred to Comm by Council
2017-11-16 · City Council
AdvancedApproved by Council
2017-11-16 · City Council
ActionSent to Mayor by Council
2017-11-16 · City Council
HeardHearing Held by Mayor
2017-11-27 · Mayor
AdvancedCity Charter Rule Adopted
2017-12-17 · Administration
Votes (11)
Aye (7)
Helen K. RosenthalYdanis A. RodriguezJulissa Ferreras-CopelandJames G. Van BramerRobert E. Cornegy, Jr.Mark LevineSteven Matteo
Absent (3)
I. Daneek MillerVanessa L. GibsonCorey D. Johnson
Excused (1)
Laurie A. Cumbo
Heard at (3)
City Council · 2017-11-16 · 1:30 PM · Council Chambers - City Hall
Committee on Finance · 2017-11-16 · 10:00 AM · Committee Room - City Hall
Committee on Finance · 2017-11-15 · 10:00 AM · Council Chambers - City Hall
Attachments (13)
- Summary of Int. No. 1763
- Int. No. 1763
- Committee Report 11/15/17
- Hearing Testimony 11/15/17
- Hearing Transcript 11/15/17
- Committee Report 11/16/17
- Hearing Transcript 11/16/17
- November 16, 2017 - Stated Meeting Agenda with Links to Files
- Hearing Transcript - Stated Meeting 11-16-17
- Fiscal Impact Statement
- Legislative Documents - Letter to the Mayor
- Local Law 253
- Minutes of the Stated Meeting - November 16, 2017
Full text
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
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