Bill

Bill > A06058


NY A06058

NY A06058
Grants real property tax exemption to disabled veterans regardless of whether they served during a "period of war".


summary

Introduced
02/26/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to veterans alternative exemption

AI Summary

This bill amends the real property tax law to expand the definition of "veteran" for property tax exemption purposes, specifically by adding a new category (vii) that includes veterans who served in active military, naval, or air service for more than 185 days and received a disability compensation rating of 60% or greater from the United States Veterans Administration or Department of Defense due to a service-connected disability. Previously, the law primarily focused on veterans who served during specific periods of war or received certain expeditionary medals. The key change is that veterans will now be eligible for the property tax exemption regardless of whether they served during a officially designated "period of war," which broadens access to this tax benefit for disabled veterans. The bill's effective date is immediate, but the tax exemption will first apply to assessment rolls prepared based on taxable status dates occurring on or after August 30, 2008, which suggests a retroactive application of the expanded definition. This change aims to provide additional financial support to veterans with significant service-connected disabilities by reducing their property tax burden.

Committee Categories

Military Affairs and Security

Sponsors (9)

Last Action

referred to veterans' affairs (on 01/07/2026)

bill text


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