New York S 1627: Authorizes the abatement of municipal and school real property taxes in certain cases of catastrophic loss and establishes procedures therefor

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S01627 Summary:

BILL NOS01627 

&nbsp

SAME ASSAME AS A07441

&nbsp

SPONSORBORRELLO

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add Art 5 Title 2-A §§548 - 548-c, RPT L

&nbsp

Authorizes the abatement of real property taxes in certain cases of catastrophic loss; establishes procedures therefor; limits eligibility to one, two, or three family houses; applies to all municipal and school taxes.

Go to top S01627 Actions:

BILL NOS01627 

&nbsp

01/13/2025REFERRED TO LOCAL GOVERNMENT

01/07/2026REFERRED TO LOCAL GOVERNMENT

Go to topS01627 Committee&nbspVotes:

Go to topS01627 Floor&nbspVotes:

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

Go to topS01627 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1627

 2025-2026 Regular Sessions

 IN SENATE

 January 13, 2025
 ___________

 Introduced by Sen. BORRELLO -- read twice and ordered printed, and when
 printed to be committed to the Committee on Local Government

 AN ACT to amend the real property tax law, in relation to the abatement
 of taxes in certain cases of catastrophic loss

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

 1 Section 1. Article 5 of the real property tax law is amended by adding
 2 a new title 2-A to read as follows:
 3 TITLE 2-A
 4 ABATEMENT OF TAXES IN THE CASE OF CATASTROPHIC LOSS
 5 Section 548. Applicability of other provisions.
 6 548-a. Definitions.
 7 548-b. Catastrophic loss tax abatement procedure.
 8 548-c. Coordination with school and village tax levies.
 9 § 548. Applicability of other provisions. The provisions of titles
 10 one-A and three of this article shall apply to this title insofar as
 11 they are not inconsistent with the provisions and purposes of this
 12 title, which shall supersede any inconsistent provision of such titles
 13 one-A and three. The provisions of this title shall apply to taxes
 14 levied by all municipal corporations only upon a one, two or three fami-
 15 ly residence.
 16 § 548-a. Definitions. For the purposes of this title:
 17 1. A one, two or three family residence has undergone "catastrophic
 18 loss" when it is totally destroyed or is so extensively damaged that all
 19 dwelling units in such residence are unfit for habitation and cannot
 20 reasonably be made fit for habitation within a period of one hundred
 21 eighty days after the damage occurred.
 22 2. "Family residence" means an owner-occupied residential dwelling.
 23 § 548-b. Catastrophic loss tax abatement procedure. 1. A property
 24 owner is eligible to file a claim for a catastrophic loss tax abatement

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03657-01-5

 S. 1627 2

 1 if the catastrophic loss occurred within six months after the completion
 2 of the final assessment roll.
 3 2. Such a claim must be filed with the assessor or board of assessors
 4 within six months after the completion of the final assessment roll. A
 5 statement of the facts constituting the basis of the claim shall be
 6 filed on a form prescribed by the commissioner. Such statement shall be
 7 made by the owner of the real property, or by a person authorized in
 8 writing by the claimant or the claimant's attorney or agent to make such
 9 statement who has knowledge of the facts stated therein. Such written
 10 authorization shall be made a part of such statement and bear a date
 11 within the same calendar year during which the complaint is filed. Such
 12 statement shall also contain the following sentence: "I certify that all
 13 statements made on this application are true and correct to the best of
 14 my knowledge and belief and I understand that the making of any willful-
 15 ly false statement of material fact herein will subject me to the
 16 provisions of the penal law relevant to the making and filing of false
 17 instruments." Upon the filing of such statement, all collection of tax
 18 efforts shall be suspended and the accrual of interest or penalties or
 19 both shall also be suspended. If the claim is sustained, no interest or
 20 penalty shall be due, and any interest or penalty paid prior to the
 21 filing of the statement shall be refunded. If the claim is denied, all
 22 collection of tax effor