BILL NUMBER: S8638
SPONSOR: MARTINEZ
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to expanding the
real property tax exemption for persons with disabilities to property
owners who are a parent or parents of an individual with a disability
 
PURPOSE:
This legislation expands the current real property tax exemption
provided to individuals with a disability to real property owned by the
parent or parents of such individual who lives at the property.
 
SUMMARY OF PROVISIONS:
Section 1. Section 459-c of the real property tax law is amended to add
a local option for a real property tax exemption for property owned by a
parent or parents of an individual with a disability who resides at the
property. After a public hearing, the governing board of a county, city,
town or village may adopt a conforming local law, or a school district
may adopt this policy via resolution.
Section 2 is the effective date.
 
JUSTIFICATION:
Section 459-c has allowed individuals with a disability to stay in their
homes by providing a tax exemption to them. This legislation simply
expands this exemption to the parents of an individual with a disability
so that this benefit may be expanded to the property where a disabled
child resides. This proposal, just like the current law, is reflective
of the costs of providing housing for an individual with a disability.
This legislation will help keep disabled children home with their fami-
lies, which is the most ideal outcome.
 
FISCAL IMPLICATIONS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately.

Statutes affected:
S8638: 459-c real property tax law, 459-c(1) real property tax law