New York A 11427: Provides a tax exemption on certain auxiliary dwelling units constructed for seniors or disabled individuals

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A11427 Summary:

BILL NOA11427A

&nbsp

SAME ASSAME AS S10180-A

&nbsp

SPONSORRules (Levenberg)

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §467-d, RPT L

&nbsp

Allows a real property tax exemption for dwelling units constructed for senior citizens or disabled persons receiving social security disability benefits.

Go to top A11427 Actions:

BILL NOA11427A

&nbsp

05/15/2026referred to real property taxation

06/03/2026amend and recommit to real property taxation

06/03/2026print number 11427a

06/03/2026reference changed to ways and means

06/04/2026reported referred to rules

Go to topA11427 Committee&nbspVotes:

Committee:WAYS AND MEANS Chair:Pretlow 
DATE:06/04/2026AYE/NAY:32/0 Action: Favorable refer to committee Rules PretlowAyePalmesanoAye

GlickAyeFitzpatrickAye

ColtonAyeHawleyAye

CookExcusedBlankenbushAye

BenedettoAyeWalshAye

WeprinAyeDeStefanoAye

RamosAyeManktelowAye

BraunsteinAyeSmullenAye

McDonaldAyeGiglioAye

RozicAyeSlaterAye

DinowitzAye

MagnarelliAye

BronsonAye

DilanAbsent

SeawrightAye

HyndmanAye

WalkerAbsent

Bichotte HermelAye

SimonAye

CruzAye

OtisAye

SolagesAye

HunterAye

SeptimoAye

HevesiAye

Go to topA11427 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA11427 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 11427--A

 IN ASSEMBLY

 May 15, 2026
 ___________

 Introduced by COMMITTEE ON RULES -- (at request of M. of A. Levenberg)
 -- read once and referred to the Committee on Real Property Taxation
 -- committee discharged, bill amended, ordered reprinted as amended
 and recommitted to said committee

 AN ACT to amend the real property tax law, in relation to providing a
 tax exemption on certain auxiliary dwelling units constructed for
 seniors or disabled individuals

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 467-d of the real property tax law, as added by
 2 chapter 533 of the laws of 1998, is amended to read as follows:
 3 § 467-d. Assessment exemption for certain living quarters constructed
 4 to be occupied by a senior citizen or disabled individual. 1. A town
 5 which is bordered by the Hudson river on the west and a different county
 6 other than the one in which it is located on the north and is located in
 7 a county which has a county tax commission with members who serve five
 8 year overlapping terms and have powers and duties with respect to real
 9 property taxation, and a village covering more than four square miles
 10 within such town, acting through its local legislative body [is] are
 11 hereby authorized and empowered to adopt and amend local laws to provide
 12 for an exemption from taxation and special ad valorem levies to the
 13 extent of any increase in assessed value of residential property result-
 14 ing from the construction or reconstruction of such property for the
 15 purpose of providing living quarters for a senior citizen, who is
 16 sixty-five years of age or older, or individuals considered disabled and
 17 receiving social security disability benefits. Such an exemption shall
 18 not exceed (a) the increase in assessed value resulting from
 19 construction or reconstruction of such property, or (b) twenty percent
 20 of the total assessed value of such property as improved, or (c) twenty
 21 percent of the median sale price of residential property as reported in
 22 the most recent statistical sales summary published by the office of
 23 real property services for the county in which the property is located,
 24 whichever is less.
 25 2. No such exemption shall be granted unless:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15678-04-6

 A. 11427--A 2

 1 (a) the zoning ordinance of such town or such village, as applicable,
 2 in which such property is located permits the construction or recon-
 3 struction of residential property for the purpose of providing living
 4 quarters for senior citizens or disabled individuals;
 5 (b) the property is located within the geographical area in which such
 6 construction or reconstruction is permitted; and
 7 (c) the residential property is so constructed or reconstructed such
 8 that it is the principa