Bill

Bill > S04609


NY S04609

NY S04609
Increases, at local option, real property tax exemptions for combat veterans who are 100% permanently disabled.


summary

Introduced
02/13/2023
In Committee
01/03/2024
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 real property tax exemptions for certain disabled veterans

AI Summary

This bill amends the Real Property Tax Law to allow counties, cities, towns, villages, or school districts to grant a 100% real property tax exemption to veterans who served in a combat theater or combat zone and are 100% disabled as a result of their military service. This exemption is not subject to the local maximum exemption allowance that typically applies to such exemptions. The bill would take effect immediately and apply to assessment rolls prepared on and after January 1, 2023.

Committee Categories

Military Affairs and Security

Sponsors (4)

Last Action

REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS (on 01/03/2024)

Bill Topics

Defense
  • ‐ Veterans Affairs
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

Loading...

bill summary

Loading...
Loading...