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Bill > A02965

NY A02965

NY A02965
Establishes a real property tax exemption for the primary residence of veterans with a 100 percent service connected disability.

summary

Introduced
02/01/2023
In Committee
06/07/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to establishing a real property tax exemption for veterans who have a one hundred percent service connected disability

AI Summary

This bill establishes a real property tax exemption for the primary residence of veterans who have a 100% service-connected disability. The bill allows counties, cities, towns, villages, or school districts to adopt a local law or resolution to provide this exemption, which would apply to veterans who were honorably discharged, have a qualifying condition, or are discharged LGBT veterans, and are considered permanently and totally disabled, rated 100% disabled by the U.S. Department of Veterans Affairs, or have been rated as individually unemployable. The exemption would fully exempt the veteran's primary residence from taxation and special district charges, assessments, and special ad valorem levies, provided they meet the other requirements of the section. The bill would take effect immediately and apply to assessment rolls prepared on and after January 2, 2024.

Committee Categories

Budget and Finance

Sponsors (39)

Stacey Pheffer Amato (D)*,  Juan Ardila (D),  Anil Beephan Jr. (R),  Jake Blumencranz (R),  Karl Brabenec (R),  Chris Burdick (D),  William Conrad (D),  Maritza Davila (D),  Michael Durso (R),  Chris Eachus (D),  Harvey Epstein (D),  Jarett Gandolfo (R),  Jodi Giglio (R),  Aileen Gunther (D),  Pamela Hunter (D),  Alicia Hyndman (D),  Kimberly Jean-Pierre (D),  Billy Jones (D),  Charles Lavine (D),  Jen Lunsford (D),  Donna Lupardo (D),  Brian Maher (R),  Brian Manktelow (R),  Dave McDonough (R),  Karen McMahon (D),  Demond Meeks (D),  Angelo Morinello (R),  Mike Norris (R),  Phil Palmesano (R),  Sam Pirozzolo (R),  Steven Raga (D),  David Rosenthal (D),  Matt Slater (R),  Doug Smith (R),  Steve Stern (D),  Chris Tague (R),  Fred Thiele (D),  David Weprin (D),  Carrie Woerner (D), 

Last Action

reported referred to rules (on 06/07/2024)
(3 Companion Bills)

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