Bill > A06284

This bill provides a tax exemption for real property owned by active military service members and their spouses, allowing them to receive a 15% reduction in property tax assessment value, up to a maximum of twelve thousand dollars (or the equivalent amount based on state equalization rates). To qualify, the property must be the primary residence of the military member and their spouse, used exclusively for residential purposes, and the applicant must have been an active military member for at least four years. The exemption requires local government approval through a public hearing and adoption of a local law or resolution. Applicants must apply through their local assessor's office, provide documentation proving military status (such as a military ID or leave statement), and will need to refile if their status changes. The bill defines "active military service" as full-time duty in the U.S. Army, Navy, Air Force, Marine Corps, or Coast Guard, and includes commissioned officers, warrant officers, and enlisted personnel. The tax exemption aims to provide financial relief to active military members and their families by reducing their property tax burden, with provisions ensuring that current benefit recipients will not lose existing advantages.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A6284