New York Laws
Title 2 - Private Property
467-E - Rebate for Owners or Tenant-Stockholders of One,two or Three Family Residences or Residential Property Held in the Condominium or Cooperative Form Of

(2) the property must serve as the primary residence of one or more of
the owners or tenant-stockholders thereof; and
(3) the owner must not be in arrears in the payment of real property
taxes in an amount in excess of twenty-five dollars for the fiscal year
for which the rebate is claimed and all prior fiscal years, and for
residential property held in the cooperative form of ownership, there
must be no arrears in the payment of real property taxes in an amount in
excess of an average of twenty-five dollars per dwelling unit in such
cooperative apartment corporation for the fiscal year for which the
rebate is claimed and all prior fiscal years.
b. If legal title to the property is held by one or more trustees, the
beneficial owner or owners shall be deemed to own the property for
purposes of this subdivision.
3. Definitions. As used in this section:
a. "Applicant" means the owner or owners or tenant-stockholder or
tenant-stockholders of the property.
b. "Commissioner of finance" means the commissioner of finance of a
city having a population of one million or more, or his or her designee.
c. "Property" means a one, two or three family residence or a dwelling
unit in residential property held in the condominium or cooperative form
of ownership.
4. Application procedure. a. Generally. Notwithstanding any provision
of any general, special or local law to the contrary, an application for
a rebate pursuant to this section for the fiscal year beginning the
first of July, two thousand three, shall be made no later than the date
published by the commissioner of finance in the city record and in other
appropriate general notices pursuant to this subdivision, which date
shall be no earlier than thirty days after the effective date of this
subdivision. An application for a rebate pursuant to this section for
fiscal years beginning on or after the first of July, two thousand four
and ending on the thirtieth of June, two thousand six, shall be made no
later than the fifteenth of March of the fiscal year for which the
rebate is claimed. An application for a rebate pursuant to this section
for fiscal years beginning on or after the first of July, two thousand
six, shall be made no later than the first of September following the
fiscal year for which the rebate is claimed. All owners or
tenant-stockholders of property who primarily reside thereon must
jointly file an application for the rebate on or before the application
deadline, unless such owners or tenant-stockholders currently receive a
real property tax exemption pursuant to section four hundred
twenty-five, four hundred fifty-eight, four hundred fifty-eight-a, four
hundred fifty-nine-c or four hundred sixty-seven of this title, in which
case no separate application for a rebate pursuant to this section shall
be required. Such application may be filed by mail if it is enclosed in
a postpaid envelope properly addressed to the commissioner of finance,
deposited in a post office or official depository under the exclusive
care of the United States postal service, and postmarked by the United
States postal service on or before the application deadline. Each such
application shall be made on a form prescribed by the commissioner of
finance, which shall require the applicant to agree to notify the

commissioner of finance if his, her or their primary residence changes
after receiving the rebate pursuant to this section, or after filing an
application for such rebate, if his, her or their primary residence
changes after filing such application, but before receiving such rebate.
The commissioner of finance may request that proof of primary residence
be submitted with the application. No rebate pursuant to this section
shall be granted unless the applicant, if required to do so by this
subdivision, files an application within the time periods prescribed in
this subdivision.
b. Approval or denial of application. If the commissioner of finance
determines that the applicant is entitled to the rebate pursuant to this
section, the commissioner shall approve the application and such owner
or tenant-stockholder shall thereafter be entitled to the rebate as
provided in this section. If the commissioner of finance determines that
the applicant is not entitled to the rebate pursuant to this section,
the commissioner shall mail to each applicant not entitled to the rebate
a notice of denial of that application for the rebate for that year in
accordance with rules for denial of applications to be promulgated by
the commissioner of finance. The notice of denial shall specify the
reason for such denial and shall be sent on a form prescribed by the
commissioner of finance. Failure to mail any such notice of denial or
the failure of any applicant to receive such notice shall not prevent
the levy, collection and enforcement of taxes on such applicant's
property.
c. Proof of residency. (1) Requests. From time to time, the
commissioner of finance may request proof of residency from the owner or
tenant-stockholder receiving a rebate pursuant to this section.
(2) Timing. A request for proof of residency shall be mailed at least
sixty days prior to the ensuing application deadline. The owner or
tenant-stockholder shall submit proof of his, her or their residency in
an application to the commissioner of finance on or before the
application deadline.
d. Review of submission. The burden shall be on the applicant to
establish that the property is his, her or their primary residence and
that any other requirements to obtain the rebate are satisfied. If the
applicant submits proof of residency on or before the application
deadline, and the submission demonstrates to the commissioner of
finance's satisfaction that the property is the primary residence of the
applicant, and if the requirements of this section are otherwise
satisfied, the rebate shall be paid. Otherwise, the commissioner of
finance shall discontinue the rebate and, where appropriate, shall
proceed as further provided herein.
e. Oath. The commissioner of finance shall have the authority to
require that statements made in connection with any application filed
pursuant to this section be made under oath. Such application shall
contain the following declaration: "I certify that all information
contained in this application is true and correct to the best of my
knowledge and belief. I understand that willful making of any false
statement of material fact herein will subject me to the provisions of
law relevant to the making and filing of false instruments and will
render this application null and void." Such application shall also
state that the applicant agrees to comply with and be subject to the
rules promulgated from time to time by the commissioner of finance
pursuant to this section.
5. Discontinuance of rebate. a. Generally. The commissioner of finance
shall discontinue any rebate paid or granted pursuant to this section if
it appears that: (1) the property may not be the primary residence of
the owner or tenant-stockholder who received or applied for the rebate,

(2) title to the property has been transferred to a new owner or
tenant-stockholder, or (3) the property is otherwise no longer eligible
for the rebate. For the purposes of this section, title to that portion
of real property owned by a cooperative apartment corporation in which a
tenant-stockholder of such corporation resides, and which is represented
by his or her share or shares of stock in such corporation as determined
by its or their proportional relationship to the total outstanding stock
of the corporation, including that owned by the corporation, shall be
deemed to be vested in such tenant-stockholder.
b. Rights of owners and tenant-stockholders. Upon determining that a
rebate paid or granted pursuant to this section should be discontinued,
the commissioner of finance shall mail a notice so stating to the
affected owner or tenant-stockholder at the time and in the manner to be
provided in rules promulgated by the commissioner of finance. Such owner
or tenant-stockholder shall be entitled to seek administrative and
judicial review of such action in the manner provided by law, provided,
that the burden shall be on the owner or tenant-stockholder to establish
eligibility for the rebate.
6. Recovery of prior rebate. If the commissioner of finance determines
that the owner or tenant-stockholder was (a) not entitled to a rebate
under this section, or (b) that a rebate was paid or calculated in error
under this section, then the commissioner of finance shall recover or
recalculate such rebate and the amount of the rebate or an amount equal
to the difference between the rebate originally paid and the amount to
which the owner or tenant-stockholder was entitled shall be deducted
from any refund otherwise payable, and any balance of such amount
remaining unpaid shall be paid to the commissioner of finance within
thirty days from the date of mailing by the commissioner of finance of a
notice of the amount payable. Such amount payable shall constitute a tax
lien on the property as of the date of such notice and, if not paid
within such thirty-day period, penalty and interest at the rate
applicable to delinquent taxes on such property shall be charged and
collected on such amount from the date of such notice to the day of
payment, and such amount payable shall be enforceable as a tax lien in
accordance with provisions of law relating to the enforcement of tax
liens in any such city.
7. Penalty for material misstatements. a. Generally. If the
commissioner of finance determines, within three years from the payment
of a rebate pursuant to this section, that there was a material
misstatement in an application filed pursuant to this section or in an
application filed pursuant to section four hundred twenty-five of this
title and that such misstatement provided the basis for the payment of a
rebate under this section, the commissioner of finance shall proceed to
impose a penalty tax against the property of one thousand dollars in
addition to recovering the amount of any prior rebate under subdivision
six of this section. An application shall be deemed to contain a
material misstatement for this purpose when either:
(1) the applicant claimed the property was his, her or their primary
residence, when it was not;
(2) the applicant claimed the property was eligible for a rebate
pursuant to this section, when it was not; or
(3) the applicant claimed that the applicant owned the property, when
the applicant did not.
b. Procedure. When the commissioner of finance determines that a
penalty tax should be imposed, the penalty tax shall be entered on the
next ensuing tentative or final assessment roll. Each owner or
tenant-stockholder shall be given notice of the possible imposition of a

penalty tax, and shall be entitled to seek administrative and judicial
review of such action in the manner provided by law.
c. Additional consequences. A penalty tax may be imposed pursuant to
this subdivision whether or not the improper rebate has been revoked in
the manner provided for by this section.
8. Rulemaking. The commissioner of finance shall be authorized to
promulgate rules necessary to effectuate the purposes of this section.
9. Non-disclosure. The information contained in applications or
statements in connection therewith filed with the commissioner of
finance pursuant to subdivision four of this section shall not be
subject to disclosure under article six of the public officers law.

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