Requires the state to reimburse municipalities for loss of real property tax revenue resulting from the establishment of community residential facilities for the disabled.
Summary
Bill A04778 proposes an amendment to the mental hygiene law that requires the state of New York to reimburse municipalities for any loss of real property tax revenue that results from the establishment of community residential facilities for individuals with disabilities. This legislation aims to address the financial impact on local governments when such facilities are created, as they often lead to a decrease in taxable property value in the area.
Impact
If enacted, this bill would create a financial obligation for the state to compensate municipalities, potentially leading to changes in budget allocations and fiscal planning at the state and local levels. It would also formalize the process of reimbursement, ensuring that municipalities are not financially disadvantaged by the establishment of community residential facilities.
Sentiment
The sentiment around Bill A04778 appears to be supportive among those advocating for the rights and needs of individuals with disabilities, as it seeks to alleviate the financial burden on municipalities. However, there may be concerns regarding the implications for state budgets and the prioritization of funding for such reimbursements.
Contention
Notable points of contention may arise from local government officials who are concerned about the potential financial strain on the state budget, as well as from advocates who may argue that the bill does not go far enough in supporting the establishment of community facilities. The balance between supporting local governments and ensuring adequate services for individuals with disabilities is likely to be a key area of debate.
Same As
Requires the state to reimburse municipalities for loss of real property tax revenue resulting from the establishment of community residential facilities for the disabled.
Requires the state to reimburse municipalities for loss of real property tax revenue resulting from the establishment of community residential facilities for the disabled.
Requires the state to reimburse municipalities for loss of real property tax revenue resulting from the establishment of community residential facilities for the disabled.
Requires State reimbursement to municipalities of cost of disabled veterans' total property tax exemption; increases amount of State reimbursement to municipalities for amount of veterans' property tax deduction.
Requires State reimbursement to municipalities of cost of disabled veterans' total property tax exemption; increases amount of State reimbursement to municipalities for amount of veterans' property tax deduction.
Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.
Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.