Bill > S01183

This bill establishes a property tax exemption for veterans with a 100 percent service-connected disability. Specifically, local governments (counties, cities, towns, villages, or school districts) may adopt a law allowing a full tax exemption for the primary residence of veterans who meet certain criteria. These veterans must have been discharged under honorable conditions, have a qualifying disability condition, and be rated as 100 percent disabled by the U.S. Department of Veterans Affairs or considered individually unemployable. The bill also includes provisions for LGBT veterans and those who have received or applied pecuniary (monetary) assistance from the government for housing modifications related to their disability. The tax exemption would cover not just property taxes, but also special district charges, assessments, and special ad valorem levies. This legislation is designed to provide significant financial relief to severely disabled veterans by reducing their housing-related expenses. The bill will take effect immediately and will apply to assessment rolls prepared on or after January 2, 2026.

Budget and Finance, Military Affairs and Security

https://www.nysenate.gov/legislation/bills/2025/S1183