Bill > A03645

This bill establishes a real property tax exemption of up to 15% of the assessed value, up to $3,000 multiplied by the latest state equalization rate, for certain certified first responders who are disabled as a result of a certified World Trade Center medical condition. The exemption applies to the primary residence of the applicant that is used exclusively for residential purposes. The applicant must apply for the exemption with the local assessor or designated office. Certified first responders already receiving a benefit under this law will not see a diminution of that benefit due to this new exemption.