BILL NUMBER: S781
SPONSOR: PALUMBO
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to the establish-
ing eligibility for a tax exemption on real property for enrolled
members of ocean rescue squads in certain municipalities; and to repeal
section 1 of a chapter of the laws of 2024 relating to the eligibility
of enrolled members of Southampton Village Ocean Rescue for a tax
exemption on real property, as proposed in legislative bills numbers S.
2158-A and A. 1353-A
 
PURPOSE:
This is a chapter amendment that makes changes to provisions of chapter
606 of the laws of 2024 to conform the authorization for enrolled
members of ocean rescue squads with the residential real property tax
exemption authorized for volunteer firefighters and ambulance workers.
 
SUMMARY OF PROVISIONS:
Section 1 repeals the text of the underlying chapter.
Section 2 adds a new section in the real property tax law to provide
enrolled members of ocean rescue squads that reside in the Town of
Southampton with the existing volunteer firefighters and ambulance work-
ers residential real property tax exemption.
Section 3 sets the effective date.
 
EXISTING LAW:
The underlying chapter provides for real property owned by an enrolled
member of the Southampton Village Ocean Rescue to be exempt from taxa-
tion to the extent of 10% of the assessed value of such property, appli-
cable following the adoption of a resolution declaring that the rescue
squads are designated as an emergency rescue and first aid squad.
 
JUSTIFICATION:
This legislation is a negotiated change to the underlying chapter to
conform with the existing real property tax exemption provided to volun-
teer firefighters and ambulance workers.
 
LEGISLATIVE HISTORY:
Chapter amendment to Chapter 606 of the Laws of 2024. S.2158-A passed
the Senate in June 2024 and A.1353-A passed the Assembly in June 2024.
 
FISCAL IMPLICATIONS:
None to the State.
 
LOCAL FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
On the same date and in the same manner as the underlying chapter.