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Monday, January 27, 2014
7:05 PM
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Three flood recovery bills aimed at providing financial assistance to municipalities and residents affected by excessive flood damage in Niagara County in the early summer of 2013 were approved today by the New York State Senate, state Sen. George Maziarz announced today.
Senate Bill 5931 would enact the “Mohawk Valley and Niagara County Assessment Relief Act,” which would allow municipalities in Niagara County to offer reduced assessments for qualifying real property owners whose property lost substantial value as a result of the severe weather events of last year. School districts offering such reduced assessment would be held harmless by the state, according to a press release from Maziarz, R-Newfane.
Senate Bill 5985 would establish a state income tax credit for storm victims, the value of which would be equal to the amount of real property taxes paid or incurred on real property that was severely damaged by flooding events, and Senate Bill 5987 would create a New York State Disaster Recovery Program to provide storm relief funds to residents when federal disaster assistance is unavailable through the Federal Emergency Management Agency.
“We need to be creative to provide relief to communities and families who are still rebuilding after the floods that hit our region last summer,” Maziarz said. “Through no fault of their own, property owners suffered extensive property damage after the rains and floods hit, and unfortunately there simply has not been enough help for them from the government. We are trying to rectify that.”
The bills, which were all sponsored by Maziarz in the Senate, will be sent to the New York State Assembly for consideration.
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Senate Bill 5931 would enact the “Mohawk Valley and Niagara County Assessment Relief Act,” which would allow municipalities in Niagara County to offer reduced assessments for qualifying real property owners whose property lost substantial value as a result of the severe weather events of last year. School districts offering such reduced assessment would be held harmless by the state, according to a press release from Maziarz, R-Newfane.
Senate Bill 5985 would establish a state income tax credit for storm victims, the value of which would be equal to the amount of real property taxes paid or incurred on real property that was severely damaged by flooding events, and Senate Bill 5987 would create a New York State Disaster Recovery Program to provide storm relief funds to residents when federal disaster assistance is unavailable through the Federal Emergency Management Agency.
“We need to be creative to provide relief to communities and families who are still rebuilding after the floods that hit our region last summer,” Maziarz said. “Through no fault of their own, property owners suffered extensive property damage after the rains and floods hit, and unfortunately there simply has not been enough help for them from the government. We are trying to rectify that.”
The bills, which were all sponsored by Maziarz in the Senate, will be sent to the New York State Assembly for consideration.
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